Zefiro Methane Corp. News Releases

Zefiro Announces Closing of Non-Brokered Private Placement for Gross Proceeds of Approximately C$3.3 Million from Strategic Investors

Fri, 12 Jun 2026 05:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - June 12, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the "Company", "Zefiro", or "ZEFI") is pleased to announce that it has closed a non-brokered private placement for gross proceeds of approximately C$3,300,050 (the "Offering").Pursuant to the Offering, the Company issued an aggregate of 5,077,000 units of the Company (the "Units") at a price of C$0.65 per Unit for gross proceeds of C$3,300,050. Each Unit consists of one common...

Zefiro Onboards Four Major Corporate Energy Clients as New Accounts Following Its Recent Fleet Expansion

Wed, 10 Jun 2026 05:00:00 -0400

With its increased operating capacity, Zefiro has taken on new corporate clients including three publicly traded players in the energy space whose combined market capitalization exceeds USD $140 billion.This builds upon Zefiro's recent additional rig deployment for a natural gas producer that was partly made possible by the introduction of five more rigs to Zefiro's fleet.These developments are helping to substantiate management's prediction that the acquisition of these rigs/equipment will add...

Zefiro Announces Appointment of Correne Loeffler as Chief Financial Officer

Mon, 01 Jun 2026 17:30:00 -0400

Bradford, Pennsylvania--(Newsfile Corp. - June 1, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the "Company", "Zefiro", or "ZEFI") today 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...

Zefiro Subsidiary Deploying Second and Third Rigs for Major U.S. Natural Gas Producer

Tue, 26 May 2026 05:00:00 -0400

One of Zefiro subsidiary P&G's major corporate clients is ramping up its annual plug and abandonment campaign for 2026. One rig was already under contract for the full year, though two additional rigs are being engaged to actively service an increased workload.This campaign will consist of at least 26 wells in PA, NY, WV, and KY, most of which will require specialized advanced tactics to properly plug compared to ordinary oil/gas wells.Although P&G's fleet was already fully committed, the...

Zefiro Methane Corp. Announces Quarterly Earnings Results, Reporting Record Revenue of USD $33 Million Through the First Nine Months of Its 2026 Fiscal Year

Thu, 14 May 2026 17:01:00 -0400

Zefiro's Fiscal Q3 2026 marked the third consecutive quarter of positive adjusted EBITDA, totaling approximately USD $4.25 million year to date.Compared to Fiscal Q3 of the previous year, Zefiro increased its gross profit by over USD $1.5 million (+153%).Zefiro also grew its revenue by over USD $4 million (+58%).These results were achieved while also reducing Zefiro's operating expenses by more than 14% and almost entirely overcoming the negative adjusted income from the previous year's Fiscal...

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)...