"Blue Sky, Clear Sailing": Zefiro Sponsored Athlete Erika Reineke Wins Major Qualifying Sailing Event

Erika Reineke of Miami, Florida is sponsored by Zefiro, and has competed in sailing events in 30 countries worldwide. After winning a major qualifying event, Ms. Reineke will be racing for the U.S. in the world’s preeminent athletic competition in France this summer. Zefiro has also hired several providers to provide investor relations services for the Company.

FORT LAUDERDALE, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (the “Company”, “Zefiro”, or “ZEFI”) is pleased to announce that Erika Reineke, a yacht-sailing champion who is sponsored by Zefiro, has qualified to be a contender competing for the U.S. in the world’s preeminent athletic competition taking place in France this summer. Ms. Reineke was victorious in the qualifying event held in Miami, which was initially announced by Zefiro in a press release dated February 20, 2024.

“There is a somewhat metaphorical connection between sailing as a sport, and Zefiro Methane Corp. as an environmental services company. Not only is sailing a non-polluting sport, but it is also something that is done using entirely ‘clean’ power in the form of natural winds,” said Zefiro Founder and Chief Executive Officer Talal Debs PhD. Dr. Debs continued, “On behalf of the entire team at Zefiro Methane Corp., we congratulate Erika Reineke on her victory which has qualified her for the summer games in France. The world of sailing is extraordinarily competitive, and we are very proud to have Zefiro’s logo displayed on Erika’s boat sails and sailing gear. I am thankful that Zefiro has been given the opportunity to be an official supporter of Ms. Reineke, whose fierce dedication and competitiveness embodies the spirit of Zefiro as an organization.”

Erika Reineke is a former US Rolex Yachtswoman of the Year (2017), four-time Collegiate Singlehanded National Champion (2013-2016), and four-time NCAA All-American (2013-2015, 2017). Reineke is also a current member of the US SailGP team and the America’s Cup (AC) Women’s team.

Zefiro recently released a video on its YouTube channel to commemorate Ms. Reineke’s victory. This video can be viewed by clicking on the image below or by clicking on the following link: https://www.youtube.com/watch?v=vH2mLfisphY

Zefiro-sponsored athlete Erika Reineke is shown in action in the video above, as well as in dialogue with Zefiro Founder and CEO Talal Debs PhD.

Zefiro-sponsored athlete Erika Reineke is shown in action in the video above, as well as in dialogue with Zefiro Founder and CEO Talal Debs PhD. To view the video, click here.

Readers using news aggregation services may be unable to view the media above. Please access SEDAR+ or the Investors section of the Company’s website for a version of this press release containing all published media.

Zefiro Methane Corp. is also pleased to announce that it has engaged several service providers for investor relations. Details of each provider and their respective agreements are listed below.

The New Money Team (Market Awareness): The agreement is for USD $30,000 for a six-month strategic digital marketing program.

ITG Market Maker Services: ITG is to provide market-making services on the Cboe Canada, Inc. exchange. The fee on a monthly basis is CAD $6,000 per month

Stockhouse.com: Strategic digital marketing services, at a one-time fee of CAD $1,000.

Native Ads: Strategic digital marketing services and advertising, at a one-time fee of CAD $5,000.

Oil and Gas Bulletin: Newsletter service, with a total fee of CAD $60,000 for an extensive nine-month program of coverage.

ArmChair Trader: Armchair is based in the UK and provides a sophisticated newsletter to its constituency in the UK, Canada, and the Middle East, at a total fee of USD $25,000 for a six-month term.

Solidaire Investments: Solidaire will make introductions relating to road shows. The contract is for CAD $15,000 per month and this will be on a month-to-month basis based specifically upon performance.

Iman Khatam: Services to be provided shall include advising with regard to media awareness and online awareness strategies. The contract is for CAD $100,000 with a term of three months.

About Zefiro Methane Corp.

Zefiro is an environmental services company, specializing in methane abatement. Zefiro strives to be a key commercial force towards Active Sustainability. Leveraging decades of operational expertise, Zefiro is building a new toolkit to clean up air, land, and water sources directly impacted by methane leaks. The Company has built a fully integrated ground operation driven by an innovative monetization solution for the emerging methane abatement marketplace. As an originator of high-quality U.S.-based methane offsets, Zefiro aims to generate long-term economic, environmental, and social returns.

On behalf of the Board of Directors of the Company,


“Talal Debs”

Talal Debs, Founder & CEO

For further information, please contact:

Zefiro Investor Relations
1 (800) 274-ZEFI (274-9334)

For media inquiries, please contact:

Rich Myers - Profile Advisors (New York)
+1 (347) 774-1125

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words such as “seeks”, “believes”, “plans”, “expects”, “intends”, “estimates”, “anticipates” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. 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 forward-looking information reflects management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed timeframes or at all. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: (i) adverse general market and economic conditions; (ii) changes to and price and volume volatility in the carbon market; (iii) changes to the regulatory landscape and global policies applicable to the Company's business; (iv) failure to obtain all necessary regulatory approvals; and (v) other risk factors set forth in the Prospectus under the heading “Risk Factors”. The Company operates in a rapidly evolving environment where technologies are in the early stage of adoption. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The forward-looking information included in this news release is made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law.

Statement Regarding Third-Party Investor Relations Firms

Disclosures relating to investor relations firms retained by Zefiro Methane Corp. can be found under the Company's profile on SEDAR+ at www.sedarplus.ca/.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f2136362-3c97-439a-aafc-1c9acb0b461b