Zefiro Methane Corp. News Releases

Zefiro Closes Acquisition of Rigs and Equipment Set to Boost Annual Revenue by over USD $10 Million

Wed, 06 May 2026 17:30:00 -0400

Zefiro has successfully closed on a USD $4.3 million agreement to acquire the equipment of Viking Well Service which includes five derrick rigs as well as several other key units of machinery to be added to Zefiro's fleet.As a result of this acquisition, Zefiro will have coverage in five new states where it has not previously operated (New Jersey, Michigan, Indiana, Illinois, and Iowa) while also expanding its footprint in four existing states.This added geographical coverage and increased total...

Zefiro Successfully Completes All Pre-Plugging Measurements for Its West Virginia Methane Emissions Reduction Program Contract

Wed, 29 Apr 2026 07:30:00 -0400

After finishing approximately USD $850,000 worth of methane measurement work for 849 wells between October 2025 and April 2026, Zefiro is set to realize approximately USD $450,000 in additional revenue from post-plugging readings to be done under the same contract.For this methane monitoring work, Zefiro realized approximately double the profit margin that it ordinarily earns from its plug-and-abandonment work. As Zefiro scales the methane monitoring component of its business, this is expected...

Zefiro Announces Investment of C$4.5M From Two European Strategic Investors

Thu, 23 Apr 2026 17:30:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 23, 2026) - ZEFIRO METHANE CORP. (CBOE CA: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the "Company", "Zefiro", or "ZEFI") is pleased to announce that it has closed investments from two European strategic investors. The Company issued 9,375,000 units of the Company ("Units") at a price of C$0.48 per Unit for gross proceeds of C$4,500,000 ("Offering"). Each Unit is comprised of one common voting share in the capital of the Company ("Common Share") and one Common...

Zefiro Subsidiary Generates First Revenue Through Deployment of Radial Casing Solutions' Patented Downhole Casing Expansion Tool

Tue, 21 Apr 2026 19:41:00 -0400

Zefiro has realized its very first earnings from a patented casing expansion tool, after two corporate clients of ZEFI subsidiary Plants & Goodwin, Inc. have utilized Radial Casing Solutions' REED device on job sites in Pennsylvania.These two proven and successful deployments with third-party clients gives P&G the ability to further market the REED device to other end-user licensees in the United States, as P&G is the exclusive U.S. patent license holder for REED in addition to other...

Busy Spring Ahead: Zefiro Subsidiary Confirms Extensive Lineup of Projects to be Done Throughout April, May, and June

Thu, 16 Apr 2026 17:30:00 -0400

During this quarter, Zefiro subsidiary P&G will officially break ground and begin realizing revenue from a USD $19.6 million contract for the Ohio Department of Natural Resources, in addition to continuing some government-funded remediation projects it had already started.P&G is also expanding its methane monitoring business into Pennsylvania during the quarter as it also completes a large-scale methane monitoring project in West Virginia.Bradford, Pennsylvania--(Newsfile Corp. - April 16, 2026)...

Zefiro Completes Fiscal Q3 2026 with Strong Business Performance During the Calendar Months of January-March

Fri, 10 Apr 2026 17:30:00 -0400

During the January-March 2026 period, Zefiro subsidiary P&G completed its first-ever project in Louisiana three weeks ahead of schedule, in addition to over 35% of wells in Wood 12F, its second-largest ever orphan well projectZefiro's revenue for FQ3 2026 is expected to be approximately USD $11.0 million1, representing an increase of over 50% compared to the same quarter in the prior yearBradford, Pennsylvania--(Newsfile Corp. - April 10, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE:...

Zefiro Methane Improves Balance Sheet with Shares for Debt Settlements

Fri, 27 Mar 2026 17:30:00 -0400

Fort Lauderdale, Florida--(Newsfile Corp. - March 27, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the "Company", "Zefiro", or "ZEFI") announced today it has entered into debt settlement agreements (the "Debt Settlements") with two creditors (the "Creditors") to eliminate an aggregate of $674,846 CAD in outstanding debt (the "Debt") at a price of $0.44 CAD per common share.The Debt Settlements will involve a combination of equity issuances by the Creditors of the...

Zefiro's Management Team Highlights Key Business Segments Driving Growth in 2026 Following Landslide Proxy Contest Victory

Mon, 23 Mar 2026 11:00:00 -0400

Zefiro is well-positioned to accelerate its strategic growth now that the proxy contest is complete. Shareholders overwhelmingly voted against the dissident group, with over 55 million votes in favor of management's nominees.The first two quarters of the Company's 2026 fiscal year have started strong, generating approximately USD $3.8 million in Adjusted EBITDA and USD $0.3 million in positive Net Income. Zefiro continues to focus on two main business areas to drive sustained profitable cash...

Zefiro Announces Results of Annual and Special Meeting of Shareholders, Including the Election of Hudheifa Moawalla who Replaces Talal Debs on the Board of Directors

Fri, 20 Mar 2026 13:30:00 -0400

Fort Lauderdale, Florida--(Newsfile Corp. - March 20, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the "Company", "Zefiro", or "ZEFI") announced today that all five of the nominees proposed by management of the Company for election to its board of directors were elected at the Company's annual and special meeting (the "Meeting") of shareholders held today.The Meeting was contested, with an alternative slate of five dissident nominees being proposed at the Meeting....

Zefiro Methane Corp. Provides Update on Recent Strategic Execution and Milestones Achieved

Mon, 16 Mar 2026 07:30:00 -0400

Shareholders of Zefiro are reminded that the deadline for submitting proxy votes is 12:00 p.m. (Eastern time) on Wednesday, March 18, 2026 in advance of the Annual and Special Meeting of Shareholders taking place at 12:00 p.m. (Eastern time) on Friday, March 20, 2026 in Toronto. Please refer to Zefiro's February 24, 2026 Press Release for more information.Fort Lauderdale, Florida--(Newsfile Corp. - March 16, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the...