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FORT 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. Specifically, Zefiro’s success over the past twelve months can be attributed to its execution of the Company’s strategy to expand its commercial footprint in critical marketplaces across North America and generate industry-leading, American Carbon Registry-approved carbon credits via an expanding, nationwide orphaned oil and gas well plugging operation. By actively advancing numerous strategic initiatives and bolstering its internal infrastructure throughout 2024, Zefiro is poised to remain at the forefront of the environmental services industry and reach yet another slate of notable accomplishments in the year ahead. The Company’s 2024 highlights include: Recording consolidated revenues of USD $32.8 million and a positive adjusted EBITDA (that was doubled over the previous quarter) on the Company’s 2024 year-end earnings report; Facilitating an Initial Public Offering (IPO) on the Cboe Canada, Inc. stock exchange, with a subsequent listing on the Frankfurt Stock Exchange . 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; and Featuring at numerous leading industry conferences and events, including UN COP29 , NYC Climate Week , Wall Street Green Summit , Argus Europe Climate Conference , and more. Crew members contracted by Zefiro subsidiary Plants & Goodwin on-site at an Ohio-based well plugging operation in November 2024. Readers using news aggregation services may be unable to view the link provided above. Please access SEDAR+ or the Investors section of the Company’s website for a version of this press release containing links and media. Zefiro Founder and Chief Executive Officer Talal Debs commented, “From our plugging crews completing projects across the country to our expert team of carbon market specialists connecting with customers throughout the world, we have strived to invest in the resources needed to position each of our dedicated team members for success. The string of new milestones that we have been able to achieve over the past twelve months is directly linked to our senior management team’s commitment to that process, and I am incredibly proud that the progress that our team has earned in 2024 will guide our positive commercial momentum well into the future.” Zefiro Chief Financial Officer Mohit Gupta commented, “2024 has been a transformative year for Zefiro, and our ability to garner sustainable, increasing returns for our investors is a direct result of the unwavering dedication and expertise of our entire team. Through consistent execution of our comprehensive, client service-oriented strategy, we have established our position as a market leader, forged a consistent pipeline of project opportunities, and helped more communities safeguard public health.” 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, ZEFIRO METHANE CORP. “Talal Debs” Talal Debs, Founder & CEO For further information, please contact: Zefiro Investor Relations 1 (800) 274-ZEFI (274-9334) investor@zefiromethane.com For media inquiries, please contact: Rich Myers - Profile Advisors (New York) media@zefiromethane.com +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 its Prospectus dated April 8, 2024 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/6a438934-f40c-440b-b8a7-af17ae78c414With rookie QB Penix showing poise in starting debut, the Falcons again control their playoff hopes

Horoscope Today, December 24, 2024: Read your today's astrological predictionsThe Australian treasurer Peter Costello did a splendid thing he steered through the Charter of Budget Honesty Act in 1998. The aim was to inform Parliament and the nation about the cost of policy proposals from politicians from left, right and centre and to produce reports that show how much various tax and spending policies cost the budget each year. or signup to continue reading Costello, of course, was interested in clamping down on government spending on the welfare side: the dole bludgers, the health blow-out, the public-education black hole of waste, and so on. Costello said the best way to ensure the budget did not blow out was to prevent any new welfare scheme from getting up in the first place and to monitor spending as it happened so it could be curtailed. He was right. But the new welfare schemes to be wary of were not the ones that helped the needy, but the ones that gave hand-outs to the already wealthy. The Coalition's fix for an unbalanced budget always seemed to be to cut government help to people who really need it. However, Australia is in a $27 billion fiscal hole, not because of funding for the needy, but because of hand-outs to the distinctly unneedy. The $27 billion could be easily picked up. Information from the Mid-Year Economic and Fiscal Outlook under the charter and Australian Taxation Office reports shows massive corporate welfare and high-wealth tax deductions that, if stopped, would not only repair the budget deficit but allow the government to provide genuine free universal health and dental care; excellent free public education at all levels; enough social housing to end most homelessness; a raft of sensible environmental policies; and lower income taxes for people on low and middle incomes. Some of the welfare-to-the-wealthy measures and the annual cost of them are as follows: Sure, not all of it could be easily picked up, but the government could at least make some inroads into it. Most of these concessions to the already wealthy were created in the past 25 years and all of them have ballooned since inception. True, Labor has done some things with childcare, student debt, and tinkered on the edge of social housing, but they amount to nearly nothing when compared to the nearly $200 billion a year of largesse going to people who do not need it. Unfortunately, the 2019 election result has been read as an edict in stone that promising to take away tax perks for the wealthy is electoral suicide. It has certainly led to Prime Minister Anthony Albanese being timid to the point of being moribund. But it has resulted in a dangerous failure to stem the increasing fiscal outflows caused by ever more people taking advantage of the tax concessions, many of which were granted by Costello. For example, the mad franked-dividends scheme to give cash back in the form of a tax rebate to investors who paid no tax in the first place, cost $500 million in the first year. Now it is 14 times that. People have flocked to the housing market to take advantage of the capital-gains tax concession, ramping up negative gearing deductions as they go. The Charter of Budget Honesty and last month's MYEFO have honestly revealed the unfairness of the tax system and the inequality it has inflicted in Australia (thank you Peter Costello). We should be asking what is more important: health, education, and fairness or handouts to the already wealthy? What do we want as a nation? The tax system provides the answer to those questions. And they are not pretty. We are not the land of the fair go. Nor are we the compassionate country we like to think ourselves. Worse than that, having put in place various reporting mechanisms (including Closing the Gap for Indigenous Australia and immigration numbers) the maladies and their solutions stare us in the face. And the seven quarters of negative per-capita growth (a big recession for all those on middle or low incomes) could also be fairly easily fixed. The mid-year update revised up the rate of net overseas migration from 260,000 projected in the budget to an out-of-control 340,000. With so many more people to spread the wealth around, no wonder we are going backwards. We should get back to the 70,000 level before the Howard government ramped it up and Albanese ramped it up further post-COVID. The government should take several big tax steps. It should grandfather a lot of the concessions by restricting them to a maximum of what the taxpayer claimed the previous year. This is what happened with the tax deductibility of health gap fees. There was hardly a murmur of protest. And health deductions have more merit than franking credits and negative gearing. Second, it should abolish wage and salary work-related expenses and replace them with an automatic deduction of, say, $4000. At a stroke, millions of taxpayers would be relieved of doing a tax return other than ticking off the ATO's auto-fill and they would also get a tax break. Too much of the tax burden is borne by labour and not enough by capital and consumption. Third it should do what the UK government is doing from January 1, 2025: imposing the 20 per cent VAT (its GST equivalent) on private education fees and use the money to reduce or abolish HECS and HELP debt. As the government picks up the revenue it could, for example, start a universal dental scheme with at least a free annual check-up, with expansion to other procedures down the track. Surely that is more important than subsidising fees for some very wealthy private schools. Labor is going to have to put 2019 behind it and pick up the revenue loss and channel it to people who need it. Otherwise, voters will rightly ask what is the point of a Labor government? Crispin Hull is a former editor of The Canberra Times and aregular columnist. Crispin Hull is a former editor of The Canberra Times and aregular columnist. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? 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Arizona wide receiver Tetairoa McMillan is entering the 2025 NFL Draft , he announced via social media. McMillan, who is forgoing his final year of collegiate eligibility, is widely regarded as the top true wide receiver prospect in the draft process. "The University of Arizona has provided me with the platform to grow and chase my dreams," McMillan wrote in his announcement . "It has shaped me not just as a player, but as a person. I'll be forever grateful for the loyalty, the opportunities, and everything this University has given me. Thank you from the bottom of my heart." McMillan made a splash in 2022 when he committed Arizona as the No. 4 wide receiver and No. 37 prospect nationally in his class. He is still the highest-ranked high school player to ever sign with the Wildcats in the 247Sports era. It didn't take him long to live up to his lofty recruiting pedigree. He put up a team-leading 702 yards and eight touchdowns receiving as a freshman. A year later, he became the focal point of Arizona's offense with a career-high 90 catches for 1,402 yards and 10 touchdowns. McMillan earned first-team CBS Sports All-American honors in 2024 after hauling in 84 passes for 1,319 yards -- third in the FBS -- and eight touchdowns. McMillan's draft stock The 6-foot-5 McMillan projects as an outside receiver at the next level. He's a strong route runner that can use his sizable frame to win more often than not on jump balls. He also has great hands and after-the-catch ability. McMillan is projected to be a top-10 pick in the NFL Draft. There have only been four wide receivers that are 6-5 or taller selected in the top 10 in the past 60 years. In his most recent mock draft, CBS Sports' Chris Trapasso projected McMillan to the Carolina Panthers with the No. 4 overall pick. "McMillan would be the ideal boundary, back-shoulder, rebounder type with plus YAC skills to provide to Bryce Young at the start of his third professional season." Trapasso wrote . What it means for Arizona McMillan has been a mainstay in Arizona's offense since he stepped foot on campus, so it's going to be difficult for the Wildcats to replace him. He was also the only player on Arizona's roster with at least 500 yards receiving in 2024. Redshirt sophomore Chris Hunter , who emerged as a strong No. 2 option and flashed his versatility down the stretch, can come back if he wants to. He finished the 2024 season with 323 yards and three touchdowns. The Wildcats also have former junior college prospect Jeremiah Patterson to lean on moving forward. Incoming freshman Isaiah Mizell, a three-star prospect and the highest-ranked recruit to sign with Arizona during the 2025 early signing period, will have every opportunity to earn early playing time. The Wildcats will almost certainly turn to the transfer portal for help, as well.WORCESTER – It took a couple of overtime periods, but Oliver Ames is back on top for the third straight season. Senior captain Jackson Mercieri delivered the lone goal as he hit home the game-winner in the 102nd minute during the second overtime period to lift No. 3 Oliver Ames over No. 4 Hingham in the Div. 2 state boys soccer final at Worcester State University on Saturday. “All joking aside, I’d like to thank the Lord for keeping (our kids) safe and healthy all year because we were very thin at times,” said Oliver Ames coach John Barata. “So, I do thank God that we were healthy and that he was able to help navigate this season, which was a very long season.” With Hingham (19-3-1) turning its offensive pressure up during the end of regulation and the overtime periods, Oliver Ames (18-2-2) used a timeout to collect itself after a near game-ender by Hingham’s Aadam Healey. After that timeout, the Tigers pushed the ball up field and Mercieri was able to finish it off before heading towards the Oliver Ames fans to celebrate. “I just said, ‘Let’s finish this damn thing. Let’s stick to the game plan to get the ball to Jackson,’ ” Barata said about what he told his team during the timeout. “We’ve been here. (Hingham) is nervous as hell. You can tell because they settled with four guys back the whole game. So, they kind of helped us. ... We didn’t want to go to PKs.” Over the first 80 minutes, there were only two shots on net before each team traded shots on goal in the second overtime period. “It’s the winning culture,” said Mercieri about being part of a three-peat. “It’s what we strive for. We keep ourselves to such high standards that we want to have nothing less. We want nothing less than to win every single game we play. We just believe in the bottom of our hearts. We just believe. It’s just the culture we have and it’s in the blood of OA.”

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