Announcement • Jun 14
Zefiro Methane Corp. announced that it has received CAD 3.30005 million in funding Zefiro Methane Corp. announced a non-brokered private placement to issue 5,077,000 units of the company at a price of CAD 0.65 per unit for gross proceeds of CAD 3,300,050 on June 12, 2026. Each unit consists of one common voting share and one-half of one common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share at an exercise price of CAD 0.80 per warrant share for a period of 30 months from the date of issuance. In connection with the offering, the company paid finders a cash commission equal to 6% of the gross proceeds raised and issued an aggregate of 304,620 broker warrants. Each broker warrant is exercisable to acquire one common share at a price of CAD 0.65 per common share for a period of 24 months from the closing of the offering. Board Change • Jun 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Daryl Heald was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 03
Zefiro Methane Corp. Announces CFO Changes ZEFIRO METHANE CORP. announced the appointment of Correne Loeffler as Chief Financial Officer ("CFO"), effective June 1, 2026. Mrs. Loeffler succeeds interim CFO Michael Downs, who has served in the role since June 2025. Mrs. Loeffler brings more than 20 years of experience in corporate and investment banking and has served as Chief Financial Officer of several publicly traded organizations operating within the energy sector, including Callon Petroleum, Whiting Petroleum, and Key Energy Services. Most recently, she served as Chief Financial Officer of Key Energy Services, where she helped strengthen the company's financial position following its 2020 restructuring. In this role at Zefiro, she will oversee the Company's finance and accounting teams and focus on financial strategy, planning, and reporting while serving as a key member of the management team. She will also contribute to investor relations, drive long-term growth initiatives, and serve on the Board of Directors as Executive Chair. Reported Earnings • May 20
Third quarter 2026 earnings released: US$0.012 loss per share (vs US$0.047 loss in 3Q 2025) Third quarter 2026 results: US$0.012 loss per share (improved from US$0.047 loss in 3Q 2025). Revenue: US$11.0m (up 58% from 3Q 2025). Net loss: US$1.00m (loss narrowed 71% from 3Q 2025). Announcement • May 16
Zefiro Methane Corp. to Report Q3, 2026 Results on May 14, 2026 Zefiro Methane Corp. announced that they will report Q3, 2026 results on May 14, 2026 Announcement • Apr 24
Zefiro Methane Corp. announced that it has received CAD 4.5 million in funding Zefiro Methane Corp. announced private placement of 9,375,000 units at an issue price of CAD 0.48 for gross proceeds of CAD 4,500,000 on April 23, 2026. Each Unit is comprised of one common voting share in the capital of the Company and one Common Share purchase warrant of the Company. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 0.60 per Warrant Share for a period of 24 months following the date of issuance. The transaction included participation from two European Strategic Investors. In connection with the Offering, the Company paid certain finders an aggregate of CAD 270,000 and 562,500 non transferrable broker warrants of the Company exercisable at CAD 0.75 for a period of 24-months from the closing date of the Offering. Announcement • Mar 09
Talal Debs Provides Information to Shareholders of Zefiro Methane On March 9, 2026, Talal A. Debs announced that he has provided an update to Zefiro Methane Corp. shareholders, regarding a ruling from the British Columbia Securities Commission that dismissed a cross-application by David McGrath, which sought to block Company's largest shareholder, X Machina Capital Strategies Fund I LP, from voting at the upcoming annual general and special meeting on March 20, 2026. In addition, Debs stating that despite the dismissal of the application he brought, the hearing revealed significant governance breaches by the incumbent Company directors, including poor oversight in the issuance of Debt Settlement Shares and failure to comply with required disclosures. Further, Debs stated that the Commission's ruling highlighted the flawed governance practices and the lack of independent legal or financial advice during critical transactions, and Debs announced that X Machina Sustainable Technologies intends to enforce its rights under the Investor Rights Agreement to acquire 7.63% of the Common Shares of the Company, emphasizing the need for transparency and accountability from the management and board. Announcement • Mar 02
Talal Deb Reports Initial Success in New York Litigation On March 2, 2026, Talal A. Debs announced that a preliminary injunction sought by a related party of Zefiro Methane Corp. before the courts in New York was denied on February 27, 2026, after hearing testimony from Talal Debs and David McGrath and after considering the arguments of counsel. In addition, Talal Debs stated that, it is important to note that the NY Litigation was used by the incumbent directors as a pretext for a frivolous investigation into Talal Debs which was launched by the incumbent directors at considerable expense to shareholders and was followed by a series of bad faith steps taken by the incumbent directors seeking to entrench themselves. Announcement • Feb 17
Talal Debs Provides Details of Entrenchment Tactics to be Subject to Upcoming British Columbia Securities Commission Hearing On February 17, 2026, Talal A. Debs, Founder and Director of Zefiro Methane Corp. announced his intention to seek intervention from the British Columbia Securities Commission (BCSC) regarding oppressive and aggressive defensive tactics employed by the Company. In addition, Talal A. Debs asking the BCSC to protect shareholder rights and reverse the issuance of 13,214,494 Debt Settlement Shares, which were issued just before the record date for the upcoming annual general and special meeting scheduled for March 4, 2026, which issuance could potentially influence the proxy vote, as the recipients include current directors and executives of the Company. Further, Talal A. Debs raised concerns about various entrenchment tactics, including the removal of him from his CEO roles, amendments to employment agreements, and the failure to call the annual general meeting in a timely manner, and believes these actions are contrary to the public interest and undermine corporate governance standards. Furthermore, Debs expressed disappointment over the Board's handling of the meeting materials and urged for a postponement to allow shareholders to consider the BCSC's decision before voting. Announcement • Dec 16
Talal Debs Updates Zefiro Shareholders on Recent Developments at the Company On December 16, 2025, Talal A. Debs, Founder and Director of Zefiro Methane Corp., announced an update to shareholders criticizing the current board for actions aimed at entrenchment, including enhancing executive compensation with golden parachutes, diluting shareholders, and delaying the annual meeting. In addition, Talal Debs stated his intention to nominate a slate of qualified directors for election at the annual and special meeting scheduled for March 4, 2026. Announcement • Dec 11
Zefiro Methane Corp., Annual General Meeting, Mar 04, 2026 Zefiro Methane Corp., Annual General Meeting, Mar 04, 2026. Announcement • Jun 05
Zefiro Methane Corp. Appoints Catherine Flax as Its Interim Chief Executive Officer, Effective June 5, 2025 Zefiro Methane Corp. announced the appointment of Catherine Flax as its Interim Chief Executive Officer, effective June 5, 2025. Ms. Flax also serves on Zefiro’s Board of Directors, a position she will continue to hold while carrying out her duties at the helm of Zefiro’s operations. Previously, she was the Head of Commodity Derivatives (Americas) at BNP Paribas and CEO of Commodities EMEA at J.P. Morgan. In 2012, Ms. Flax was named by Financial News (Dow Jones) as the Most Influential Woman in European Investment Banking. She has worked with other prominent organizations in finance, including the Securities Industry and Financial Markets Association (“SIFMA”), and is currently a board member of the Independent System Operator for the New England Transmission grid. The appointment follows the departure of Talal Debs as Chief Executive Officer, who was appointed to the position in November 2023. Announcement • May 28
Zefiro Methane Corp. announced that it expects to receive $2.48 million in funding Zefiro Methane Corp. announced that it will enter into a secured loan agreement of $2,480,000 in a round of funding on May 27, 2025. The secured loan will carry a term of 18 months and accrue interest at a rate of 18% per annum. The loan is secured by a pledge of 100% of Zefiro Methane Holding LLC’s holdings of Plants & Goodwin common stock. The company has issued 14,950,000 warrants have been issued with a strike price of CAD $0.23 per Zefiro common share, representing the closing price of the Zefiro common shares on May 22, 2025, and carry a three-year term. Announcement • Apr 09
Zefiro Methane Corp. Appoints Correne Loeffler to Its Board of Directors ZEFIRO METHANE CORP. announced the appointment of Correne Loeffler to the Company’s Board of Directors. In this role, Ms. Loeffler will provide council to Zefiro’s senior management team and help ensure that the Company is best positioned to continue accelerating the growth of its innovative methane reduction projects and carbon credit portfolios. Ms. Loeffler has over twenty years of experience in corporate and investment banking and has served as chief financial officer of three different publicly traded organizations operating within the energy sector. Ms. Loeffler most recently served as the chief financial officer of Key Energy Services and helped the firm strengthen its financial position following its 2020 restructuring. Ms. Loeffler has also held senior executive roles with JP Morgan and the Callon Petroleum Company and has a professional background in information technology. Announcement • Mar 16
Zefiro Methane Corp. Implements A.I. Tools to Drive Commercial Expansion & Efficiency Zefiro Methane Corp. announced a series of commercial and structural initiatives aimed at accelerating the Company's forward momentum. These updates will drive operational expansion and efficiency implementing innovative A.I. technologies throughout Zefiro's project portfolio. These strategic initiatives include: Use of artificial intelligence and blockchain-backed technologies to expand Zefiro's project pipeline and operational efficiency. To decrease costs related to plugging oil and gas wells leaking toxic methane gas, producing carbon offset products, and increasing well identification rates, the Company recently announced a series of key commercial agreements. Specifically, Zefiro is partnering with Geolabe, a technology company that has built the methane abatement sector's first fully automated emissions detection system, and Keynum, an artificial intelligence and data science development firm, to help the Company locate leaking orphaned oil and gas wells and deliver carbon credits. These efforts will bolster the launch of the Zefiro Lifecycle Solution, a data capture and workflow management platform built in partnership with CarbonAi Inc., and introduce artificial intelligence-enabled data analytics throughout the Company's operations that are estimated to improve Zefiro's batch efficiency gain, a measurement of the monetary resources allocated per ton of methane gas captured, by approximately 50%. As part of ongoing efforts to expand Zefiro's operational footprint across North America, the Company's subsidiary Plants & Goodwin ("P&G") recently secured its license to conduct oil and gas well remediation operations in the state of Texas. According to publicly available data, the state has only spent $7.7 million of the $79 million that Texas' government was allocated via federal grants to remediate the projected tens of thousands of orphan wells that experts believe could be spread throughout the state. In addition to the Company's completion of its first Oklahoma-based well remediation project late last year, Zefiro is now conducting business in six states and is well positioned to expand its operations across the south-central U.S. and Appalachia over the next twelve months. Reorientation of long-term executive incentive programs and a reorganization of Zefiro's capital table to promote essential investments in the Company's core operations. Zefiro Methane Corp. announces the grant of 300,000 stock options and the replacement of 3,343,750 existing stock options with the same number of restricted share units ("RSUs"), which entitle the holder to a payment in the form of one common share. Also, the Company has issued 3,899,063 new RSUs to certain officers, directors, key consultants and employees as performance bonuses and incentive awards. The stock options, granted under the Company's Stock Option Plan dated November 8, 2024, entitle holders to acquire one common share per option at an exercise price of CAD 0.70, with a five-year expiry and vesting in equal 15% increments every three months starting March 1, 2025, over two years. The converted RSUs, granted under the Company's Restricted Share Unit Plan, will maintain the vesting parameters set out in the original option grant. The newly issued RSUs will vest at 10% every three months over 2.5 years. It should be noted that certain RSUs issued to certain key consultants are subject to performance criteria and will only vest in accordance with successful project completion. Reported Earnings • Nov 17
First quarter 2025 earnings released: US$0.024 loss per share (vs US$0.025 loss in 1Q 2024) First quarter 2025 results: US$0.024 loss per share. Revenue: US$10.0m (up 35% from 1Q 2024). Net loss: US$1.64m (loss widened 9.0% from 1Q 2024). Announcement • Oct 17
Zefiro Methane Corp., Annual General Meeting, Dec 13, 2024 Zefiro Methane Corp., Annual General Meeting, Dec 13, 2024. New Risk • Oct 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$4.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.1m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 75% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€55.6m market cap, or US$61.5m). Announcement • Oct 01
Zefiro Methane Corp. (NEOE:ZEFI) completed the acquisition of the remaining 25% stake in Plants and Goodwin, Inc. from Luke Plants. Zefiro Methane Corp. (NEOE:ZEFI) has executed a Securities Exchange Agreement to acquire remaining 25% stake in Plants and Goodwin, Inc. from Luke Plants on August 6, 2024. At the closing of the transactions contemplated by the Agreement (the “Transaction”), a wholly owned subsidiary of Zefiro will own 100% of the common shares of P&G and Luke Plants will own approximately 7.01 million newly issued Series A Convertible Preferred Shares of P&G (the “Preferred Shares”) that entitle him to, in addition to other customary rights, (a) a $1.00 per share initial liquidation preference and (b) a 10% per annum dividend, payable in kind, until the later of June 30, 2028 or the achievement of $10 million in June-to-June annual operating cash flow at P&G (after which dividends will be payable in cash). The Preferred Shares will be redeemable at P&G’s option at the liquidation preference (including any accrued but unpaid dividends) following the earlier of Luke Plant’s termination as an employee of Zefiro and its affiliates or the second anniversary of the closing of the Transaction. The Preferred Shares will automatically convert at a conversion price of $1.20 per share upon the completion of a qualified public offering of P&G or an affiliate of P&G (the “IPO Issuer”) on a nationally recognized U.S. stock exchange into common stock of the IPO Issuer. In May 2023, Zefiro acquired an initial 75% ownership stake in P&G to bolster the Company’s operational presence across the Appalachia region through P&G’s decades-long history of service in Pennsylvania, New York, West Virginia, and Ohio. In connection with the Transaction, Luke Plants has been promoted to Chief Executive Officer of Zefiro Services and Executive Vice President of Business Development. Mr. Plants was previously appointed Zefiro’s Vice President of Business Development in December 2023. The closing of the Transaction is subject to customary closing conditions and is expected to occur prior to August 31, 2024.
Zefiro Methane Corp. (NEOE:ZEFI) acquired the remaining 25% stake in Plants and Goodwin, Inc. from Luke Plants on September 30, 2024. Announcement • Sep 24
Zefiro Methane Corp. Announces Appointment of Richard Walker as Chief Technology Officer ZEFIRO METHANE CORP. announced the appointment of Richard Walker as Chief Technology Officer. In this role, Mr. Walker will launch and organize a variety of enterprise technology initiatives, including integrating artificial intelligence (AI)-powered tools within Zefiros current digital verification network ecosystem and carbon offset marketplace partnerships, to help advance the growth of the Companys innovative methane reduction projects and carbon credit portfolios. Mr. Walker has over thirty years of experience in commercial information technology strategy, most recently as a senior partner in Bain &Company’s Financial Services and Enterprise Technology practices. Mr. Walker has also held senior executive roles with Deloitte, IBM, and BearingPoint. As part of his responsibilities in Bain &Companys enterprise technology operations, Mr. Walker assisted global and regional banks, hedge funds, and digital payments and asset companies in their efforts to bolster digital transformation strategies, fortify technological architecture, solidify cloud migration services, and modernize IT operating models. Mr. Walker also co-led the firms go-to-market practice for Web3 within the financial services division, which prioritized leveraging various blockchain, tokenization, and digital identity solutions to help transform clients digital asset infrastructure. Prior to his tenure at Bain &Company, Mr. Walker served as a Principal at Deloitte for over twelve years, helping lead blockchain and digital assets for the firms Financial Services practice and crafting technology and operations strategies for banking and securities industry clients. Mr. Walker also previously served as IBMs Head of IT Strategy for Financial Services and as a Managing Director at BearingPoint specializing in technology consulting for United Kingdom-based financial services sector clients. Announcement • Aug 07
Zefiro Methane Corp. (NEOE:ZEFI) has executed a Securities Exchange Agreement to acquire remaining 25% stake in Plants and Goodwin, Inc. from Luke Plants. Zefiro Methane Corp. (NEOE:ZEFI) has executed a Securities Exchange Agreement to acquire remaining 25% stake in Plants and Goodwin, Inc. from Luke Plants on August 6, 2024. At the closing of the transactions contemplated by the Agreement (the “Transaction”), a wholly owned subsidiary of Zefiro will own 100% of the common shares of P&G and Luke Plants will own approximately 7.01 million newly issued Series A Convertible Preferred Shares of P&G (the “Preferred Shares”) that entitle him to, in addition to other customary rights, (a) a $1.00 per share initial liquidation preference and (b) a 10% per annum dividend, payable in kind, until the later of June 30, 2028 or the achievement of $10 million in June-to-June annual operating cash flow at P&G (after which dividends will be payable in cash). The Preferred Shares will be redeemable at P&G’s option at the liquidation preference (including any accrued but unpaid dividends) following the earlier of Luke Plant’s termination as an employee of Zefiro and its affiliates or the second anniversary of the closing of the Transaction. The Preferred Shares will automatically convert at a conversion price of $1.20 per share upon the completion of a qualified public offering of P&G or an affiliate of P&G (the “IPO Issuer”) on a nationally recognized U.S. stock exchange into common stock of the IPO Issuer. In May 2023, Zefiro acquired an initial 75% ownership stake in P&G to bolster the Company’s operational presence across the Appalachia region through P&G’s decades-long history of service in Pennsylvania, New York, West Virginia, and Ohio. In connection with the Transaction, Luke Plants has been promoted to Chief Executive Officer of Zefiro Services and Executive Vice President of Business Development. Mr. Plants was previously appointed Zefiro’s Vice President of Business Development in December 2023. The closing of the Transaction is subject to customary closing conditions and is expected to occur prior to August 31, 2024. Announcement • Jul 16
Zefiro Methane Appoints Catherine Flax to Its Board of Directors ZEFIRO METHANE CORP. announced the appointment of Catherine Flax to Zefiro’s Board of Directors. With decades of experience in Wall Street banking, Ms. Flax was recognized by Financial News (Dow Jones) as the Most Influential Woman in European Investment Banking in 2012. Ms. Flax will work directly with Zefiro Founder and Chief Executive Officer Talal Debs to optimize Zefiro’s market position as an environmental services company and carbon credit originator. In the 1990s, Catherine Flax held investment banking positions with an energy concentration, including managing North American power origination for Morgan Stanley in its New York office (1998 to 2004), as well as North American power and gas origination for UBS in its Stamford, Connecticut office. Ms. Flax then pivoted to J.P. Morgan, where she held roles to include Head, Global Commodities Corporate Marketing/Sales and Structuring (NYC), Global Head, Commodity Finance Business (London), and CEO, Global Commodities for Europe, Middle East, and Africa (London). In 2012, Catherine Flax was appointed Chief Marketing Officer of J.P. Morgan, out of its New York City headquarters. Thereafter, Ms. Flax joined global banking giant BNP Paribas as its Head of Commodity Derivatives (Americas). Announcement • Jul 02
Zefiro Methane Corp. Appoints Mohit Gupta as Chief Financial Officer ZEFIRO METHANE CORP. announced the appointment of Mohit Gupta as Chief Financial Officer. In this role, Mr. Gupta will help ensure Zefiro is best positioned to continue accelerating the growth of the Company’s innovative methane reduction projects and carbon credit portfolios. Mr. Gupta has over three decades of banking and energy trading sector experience, most notably as one of the key founding members of J.P. Morgan’s Energy Trading business. Mr. Gupta has also held senior executive roles with Ernst & Young and Wells Fargo. In addition to helping form J.P. Morgan’s Energy Trading business, Mr. Gupta helped build the firm’s venture capital (Lab Morgan) division, aided the investment bank’s repositioning following the ‘dot-com crash’ in the early 2000s, and served as the company’s Payments Business North American Head and Chief Financial and Chief Operating Officer of the Global Payments Business. Following his nearly twenty-five-year tenure at J.P. Morgan, Mr. Gupta served as Managing Director of Ernst & Young’s Financial Services Advisory, helping lead the development of the treasury services, cash management, and payments operations of the practice. Most recently, Mr. Gupta served as Chief Financial Officer of Global Operations for Wells Fargo, where he helped transform and optimize the bank’s operations via strategic applications of technology and digital transformation. Mr. Gupta also serves as Chief Operating Officer of X Machina Capital Strategies, which is a lead sponsor of Zefiro Methane Corp. Board Change • May 03
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 
