Zefiro's common shares are also now quoted on the OTCQB in the U.S.under the symbol ZEFIF;Expanding the Company’s well plugging operations across the nation, including projects in West Virginia, Pennsylvania, Oklahoma, and Ohio;Entering into a landmark methane abatement offset market-setting presale agreement with EDF Trading, adding to Zefiro's pipeline of carbon offset pre-sales with the first delivery of offset products set to take place in the new year;Finalizing a number of strategic acquisitions and corporate partnerships, including the whole-sale acquisition of Plants & Goodwin, a Pennsylvania-based oil and gas well plugging operation;Bolstering the Company’s senior leadership team by appointing longtime Wells Fargo executive Mohit Gupta as the Chief Financial Officer and Bain & Company alumnus Richard Walker to serve as Chief Technology Officer; andFeaturing at numerous leading industry conferences and events, including UN COP29, NYC Climate Week, Wall Street Green Summit, Argus Europe Climate Conference, and more.
In particular, this news release contains forward-looking information including statements regarding: the Company’s intention to reduce emissions from end-of-life oil and gas wells and eliminate methane gas; the Company’s partnerships with industry operators, state agencies, and federal governments; the Company’s expectations for continued increases in revenues and EBITDA growth as a result of these partnerships; the Company’s intentions to build out its presence in the United States; the anticipated federal funding for orphaned well site plugging, remediation and restoring activities; the Company’s expectations to become a growing environmental services company; the Company’s ability to provide institutional and retail investors alike with the opportunity to join the Active Sustainability movement; the Company’s ability to generate long-term economic, environmental, and social returns; and other statements regarding the Company’s business and the industry in which the Company operates.
The Company achieved numerous commercial milestones in 2024, including increased profitability, launching an initial public offering, moving into new marketplaces, securing key strategic acquisitions and partnerships, and finalizing landmark carbon offset presalesFORT LAUDERDALE, Fla., Dec.19, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP.(Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the "Company”, "Zefiro”, or "ZEFI”), an environmental services company specializing in methane abatement operations, took numerous steps in 2024 to accelerate the Company’s profitability and commercial momentum.
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