Latest news with #Zefiro
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Travel + Leisure
7 days ago
- Travel + Leisure
This Underrated Italian Island Is One of the Most Beautiful Places in the Country—and It's Walkable From Mainland Sicily
Spend the night at Algilà, a Baroque palace with gorgeous stone architecture, elegant details, and an excellent in-house restaurant. Stroll along the waterfront promenades and through the quaint cobblestone streets, admiring famous sites like the Fountain of Arethusa, Temple of Apollo, and Cathedral of Syracuse. Enjoy a seafood dinner at Apollonion, which serves a multicourse tasting menu designed around the catches of the day. Savor a sunset aperitivo at Zefiro, situated on the bustling western side of the island. at Zefiro, situated on the bustling western side of the island. Go back in time and connect with nature at Neapolis Archeological Park, which has an ancient Greek theater, Roman amphitheater, and centuries-old citrus trees. Although travelers flock to Sicily every year in search of Mediterranean Sea views, imposing ancient architecture, and fresh seafood, many miss a visit to the stunning city that has it all: Syracuse and its historic center, Ortigia. Located on the southeastern coast of Sicily, Syracuse ( Siracusa in Italian) is often overlooked by travelers in favor of Taormina, its opulent cousin to the north. But its unique blend of coastal Italian culture, coupled with rich history and Baroque-style architecture, make it a must-visit destination. Syracuse began as an ancient Greek settlement nearly 3,000 years ago, and its beauty has beckoned both travelers and empires for centuries (Roman, Byzantine, Islamic, and Norman, to name a few). Even the Roman orator, Cicero, referred to it as 'the greatest Greek city and the most beautiful of all.' Steeped in layers of history, Syracuse was named a UNESCO World Heritage Site due to its historic and cultural significance. Syracuse's old town and crown jewel is the island of Ortigia. Perched on the sea at the city's southern edge and connected only by two bridges, Ortigia is considered one of the most beautiful places in Italy. Just two miles in circumference, this small island has everything travelers to Italy crave: charming cobblestone streets and Baroque-style piazzas, ancient history around every corner, endless views of the sparkling sea, and fresh Sicilian-style seafood. Plus, it's connected by train to many popular Sicilian spots like Taormina, Noto, Ragusa, and Modica. I was lucky enough to explore Ortigia on a recent trip to Sicily, and collected many amazing experiences on the island. But to help travelers fully appreciate the destination, I asked for additional insights from Linda Sarris, a Palermo-based travel expert, author, and private chef who organizes incredible experiences throughout Sicily. Here's everything you'll need to explore the magical island of Ortigia. Situated near the water on the eastern side of the island, Algilà is housed in a renovated Baroque palace and spreads across three gorgeous building complexes. There are a variety of room types, each uniquely designed and decorated with restored wooden paneling, wrought-iron detailing, and stone archways. We also loved the complimentary breakfast buffet and Sarris recommends trying the in-house restaurant for dinner. Once a historic 1920s post office, Ortea Palace Hotel is conveniently located right across the bridge from mainland Syracuse and is considered to be one of the best in Sicily. Part of the Marriott's Autograph Collection, the property's dazzling lobby and spacious rooms are outfitted with Italian marble and elegant furnishings, with many accommodations boasting sea views, too. Guests can unwind in the indoor swimming pool, enjoy full spa treatments, or grab a drink at Incanto, the hotel's rooftop terrace with panoramic vistas of the city. Sarris describes Hotel Gutkowski as 'an eclectic little boutique hotel' spread out over two buildings overlooking the water. Both recently renovated buildings date back to the 19th century and house 26 rooms with their own stylish mix of modern and antique furnishings. Guests love the breakfast with local ingredients and relaxing on the terrace, right on the water's edge. Sarris recommends this small but stylish six-room hotel not far from the water, noting its design and bistro. Meant to resemble a family home, Lùme feels comfortable and intimate, and it's full of charming details and pops of color. Enjoy evening aperitivo on the rooftop terrace or try one of the many types of massages offered in the on-site hammam. Visitors exploring the Neapolis Archaeological Monday through Saturday, various stalls line the northern corner of Ortigia, filled with colorful textiles, local spices and nuts, produce, and fresh seafood. The vibrant market feels like the cultural heart of the city, with neighbors greeting each other as they shop and vendors bartering across stalls. It's located right by the water and dotted with casual restaurants where you can grab a quick bite and enjoy the views. If you can, snag a bag of Sicilian almonds from one of the stalls—their delicate, buttery flavor is unlike any you've had before. Perfect for history and nature lovers alike, this archaeological park is located in the heart of Syracuse, an easy mile-and-a-half walk or 10-minute taxi ride from Ortigia. Neapolis Archeological Park is full of ancient wonders, including a Greek theater dating back to the third century B.C.E., a Roman amphitheater, and the Ear of Dionysius, a massive limestone cave carved into the hill. The park itself is gorgeous and peaceful, removed from the bustling city. Walk along winding pathways lined with centuries-old lemon and orange trees, and marvel at the limestone grottos as you take in the historic sites. Occasionally, the park hosts modern art installations for visitors to admire during their visit. Small and easy to navigate, Ortigia is best explored on foot. Start along the lungomare , the outer path along the water, where you'll find scenic viewpoints and locals sunbathing on the rocky beaches below. Then, head into the city center and wander through the charming cobblestone streets and piazzas. Don't miss some of Ortigia's primary attractions, including the Maniace Castle, Temple of Apollo, Cathedral of Syracuse, and Fountain of Diana, along the way. End your walking tour on the western side of the island at the mythologically famed Fountain of Arethusa, and grab a drink at Zefiro or at one of the many waterfront bars along Lungomare Alfeo for sunset. Also known as the Duomo di Siracusa, this stunning church is infused with history. It began as the Greek Temple of Athena, built in the fifth century B.C.E., and its original doric columns are still incorporated into the walls of the church. Today, its incredible Baroque facade is the focal point of Ortigia. Multiple layers of architectural history can be seen throughout the cathedral as it has been transformed a number of times by Byzantine, Arabic, and Norman settlers. The piazza surrounding the Cathedral of Syracuse is similarly elegant, with other Baroque-style architecture woven among charming cafes and restaurants. It's the perfect place to stop, have a coffee, and take in the view. To fully take in the beauty of Ortigia, Sarris recommends hopping on a boat tour. Ortigia Island Excursion offers a variety of options, from a daytime tour of Ortigia and its stunning nearby sea caves to a sunset aperitivo cruise. Soak up the sunshine and learn a bit of history as you discover some of Ortigia's defining landmarks from the sea. For great cocktails and a fun vibe with an even better view, head to Zefiro. Sarris describes it as the 'perfect spot to catch the sunset," and we couldn't agree more. This seafront cocktail bar is ideally located on the western coast of the island, right under Belvedere Largo Aretusa, a bustling piazza that locals and tourists flock to in the evening. Sip an expertly crafted cocktail while watching the sun dip behind the Ionian Sea. For sunbathers visiting in the warmer months, Zefiro also rents out beach recliners for the day in their solarium. Left: A dish from Cortile Verga; Right: Interior dining room. Looking for lunch near the bustling Ortigia Street Market? Try one of the enormous sandwiches at Caseificio Borderi. Each one is loaded with Italian meats and cheeses, as well as local delicacies like pistachio pesto, artichoke cream, sun-dried tomatoes, and Sicilian caponata. Try to grab a spot at one of the deli's outdoor tables or take your sandwich to go and eat it along the water. Sarris recommends eating at Fratelli Burgio, the salumeria right next door to Caseificio Borderi. Fratelli Burgio makes excellent salads and sandwiches, but it's especially renowned for its charcuterie boards. Each one features little bowls filled with local meats, cheeses, vegetables, and delicious house-made spreads. Snag a seat outside for lunch or peruse the shop for Sicilian goodies you can take home with you. If you're craving a seafood dinner, consider Apollonion. Nestled on a side street behind the Temple of Apollo, this small osteria is known for its tasting menu, fully dependent on the daily catches of the day. Reserve a table in the cozy, stone-walled dining room, order a glass of Sicilian wine, and sit back as Apollonion brings out course after course of fresh seafood dishes, all prepared in local styles. The restaurant also offers an à la carte menu. 'Reserve ahead and spend your evening in this cocktail bar that serves small plates and some of the best drinks in town,' says Sarris. Located in a gorgeous 18th-century courtyard, the romantic ambience of Cortile Verga is unmatched. In addition to its mix of classic and creative cocktails, it serves a variety of innovative bites and bruschettas, from salmon tartare and an eggplant mille-feuille to fresh shrimp salad and burrata with anchovies. To experience true Sicilian hospitality, visit this homey dinner spot on the western side of Ortigia. Antica Locanda doles out comforting Sicilian dishes, from platters of fresh fish to generous bowls of seafood pasta. We loved the appetizer of mussels with croutons, but perhaps even more impressive than the food is the warmth of the staff. The chef and owner and his team go out of their way to welcome guests, offer suggestions, and make you feel like you're having dinner in a Sicilian home. A beach on Ortigia island. While you can visit any time of year, Syracuse and Ortigia are best enjoyed during the warmer months—spring through fall. During the summer, Ortigia (like all of Sicily) experiences high temperatures and sunny skies, perfect for boat rides and taking a dip in the Mediterranean (don't forget to pack your water shoes). For art lovers, a series of classical plays are put on in Neapolis' ancient Greek theater every May and June. We especially recommend visiting during the shoulder seasons of March to May and September to October, as the weather is milder and the city is less crowded. Aerial view of Ortigia. Ortigia is located about an hour south of the Catania-Fontanarossa Airport (CTA). Once you fly in, you can easily reach the city by taxi. For a less expensive alternative, the Interbus runs every 30 minutes or so between the airport and Siracusa-Corso Gelone 50 (the stop for Ortigia). Tickets can be bought ahead of time online or at an airport kiosk. Alternatively, you can rent a car from the airport. If you choose this option, we recommend asking your hotel for parking options, as many offer convenient valet services for a small, additional fee. Once you're on the small island of Ortigia, the best way to get around is by walking. Ortigia is only about two-thirds of a mile long by one-third of a mile wide, making it manageable on foot. If you want to take a taxi to Neapolis Archeological Park or elsewhere in Syracuse, there are active taxi stands right by Ortigia's main bridge, near the Temple of Apollo. Syracuse's train station is about a mile from Ortigia, and from there, you can take easy day trips to Noto, Ragusa, Catania, and Taormina.
Yahoo
02-06-2025
- Business
- Yahoo
Zefiro Publishes Whitepaper for its Lifecycle Solution Suite of Environmental Technologies
The Zefiro Lifecycle Solution (ZLS) leverages artificial intelligence for advanced modelling and analytics of well selection, leak profiling, environmental attributes, and abatement techniques. It offers an easy-to-use dashboard showing methane leak measurement data, providing unparalleled transparency and visibility for stakeholders including clients and government agencies. ZLS further strengthens Zefiro's capabilities as a fully integrated environmental services company, aligning with current and future market needs while remaining agnostic of methodology, registry, and market venue, and is open and configurable through an ecosystem of providers including measurement and monitoring devices. Zefiro initially announced the ZLS platform in late 2024. As the Company begins to more rapidly commercialize this high-tech aspect of its business model, Zefiro's Chief Technology Officer and Head of Environmental Markets Operations Richard Walker has taken the lead in authoring a whitepaper for ZLS to detail its scope and how it aligns with present market needs. FORT LAUDERDALE, Fla., June 02, 2025 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the 'Company', 'Zefiro', or 'ZEFI') is pleased to announce that the Zefiro Lifecycle Solution ('ZLS') whitepaper has officially been published, offering an in-depth overview of the advanced artificial intelligence ('AI') and blockchain technologies which comprise ZLS, as well as insights about how ZLS can fit into the needs of stakeholders in sectors including resources, energy, commodities, and commercial/investment banking. The 18 page whitepaper begins with a primer about the methane emissions problem in the United States, followed by an introduction to Zefiro's business model, which leads into descriptions of each component of the ZLS platform, and concludes with a section detailing the movement of data throughout ZLS from a technological perspective. The ZLS whitepaper can be accessed in PDF format through the following link on Zefiro's website: In 2024, Zefiro announced the creation of ZLS, with an objective of accelerating the scalable aggregation, verification, standardization, and delivery of environmental data for carbon credit issuance. Zefiro has collaborated with entities including CarbonAi, Keynum, and Geolabe to fortify the capabilities of ZLS, as detailed in Zefiro's February 25, 2025 press release. The ZLS whitepaper was primarily authored by Richard Walker, who serves as Zefiro's Chief Technology Officer as well as its Head of Environmental Markets Operations. Mr. Walker has over three decades of experience in enterprise technology strategy, having held senior leadership roles at Bain & Company, Deloitte, IBM, and BearingPoint. More information about Mr. Walker can be found in Zefiro's press release announcing his appointment as Chief Technology Zefiro crewmembers operating on an oil well site in Oklahoma in November 2024 Readers using news aggregation services may be unable to view the media above. Please access SEDAR+ or the section of the Company's website for a version of this press release containing all published media. Zefiro Chief Technology Officer and Head of Environmental Markets Operations Richard Walker commented, 'As an experienced management consultant, I'm very familiar with the internal dialogues that often take place within organizations when they're considering doing business with a new company, which is where a whitepaper becomes an important part of the decision-making process. This is especially the case when a company's offering involves a newer technology such as artificial intelligence, as a whitepaper allows for a certain depth of technical detail which can be shown around internally to the right people for the purposes of understanding how good of a fit the solution is. It was a pleasure to work with the Zefiro team on this whitepaper, and I believe it articulates ZLS in a way that suitably highlights all of Zefiro's strengths and competitive advantages.' Reporters/Media: For any questions or to arrange an interview, please contact Rich Myers of Profile Advisors (New York City) by email at media@ or by telephone at +1 (347) 774-1125. 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 Relations1 (800) 274-ZEFI (274-9334)investor@ For media inquiries, please contact: Rich Myers - Profile Advisors (New York)media@ +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 A photo accompanying this announcement is available at
Associated Press
02-06-2025
- Business
- Associated Press
Zefiro Publishes Whitepaper for its Lifecycle Solution Suite of Environmental Technologies
The Zefiro Lifecycle Solution (ZLS) leverages artificial intelligence for advanced modelling and analytics of well selection, leak profiling, environmental attributes, and abatement techniques. It offers an easy-to-use dashboard showing methane leak measurement data, providing unparalleled transparency and visibility for stakeholders including clients and government agencies. ZLS further strengthens Zefiro's capabilities as a fully integrated environmental services company, aligning with current and future market needs while remaining agnostic of methodology, registry, and market venue, and is open and configurable through an ecosystem of providers including measurement and monitoring devices. Zefiro initially announced the ZLS platform in late 2024. As the Company begins to more rapidly commercialize this high-tech aspect of its business model, Zefiro's Chief Technology Officer and Head of Environmental Markets Operations Richard Walker has taken the lead in authoring a whitepaper for ZLS to detail its scope and how it aligns with present market needs. FORT LAUDERDALE, Fla., June 02, 2025 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the 'Company', 'Zefiro', or 'ZEFI') is pleased to announce that the Zefiro Lifecycle Solution ('ZLS') whitepaper has officially been published, offering an in-depth overview of the advanced artificial intelligence ('AI') and blockchain technologies which comprise ZLS, as well as insights about how ZLS can fit into the needs of stakeholders in sectors including resources, energy, commodities, and commercial/investment banking. The 18 page whitepaper begins with a primer about the methane emissions problem in the United States, followed by an introduction to Zefiro's business model, which leads into descriptions of each component of the ZLS platform, and concludes with a section detailing the movement of data throughout ZLS from a technological perspective. The ZLS whitepaper can be accessed in PDF format through the following link on Zefiro's website: In 2024, Zefiro announced the creation of ZLS, with an objective of accelerating the scalable aggregation, verification, standardization, and delivery of environmental data for carbon credit issuance. Zefiro has collaborated with entities including CarbonAi, Keynum, and Geolabe to fortify the capabilities of ZLS, as detailed in Zefiro's February 25, 2025 press release. The ZLS whitepaper was primarily authored by Richard Walker, who serves as Zefiro's Chief Technology Officer as well as its Head of Environmental Markets Operations. Mr. Walker has over three decades of experience in enterprise technology strategy, having held senior leadership roles at Bain & Company, Deloitte, IBM, and BearingPoint. More information about Mr. Walker can be found in Zefiro's press release announcing his appointment as Chief Technology Officer. Pictured: Zefiro crewmembers operating on an oil well site in Oklahoma in November 2024 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 Chief Technology Officer and Head of Environmental Markets Operations Richard Walker commented, 'As an experienced management consultant, I'm very familiar with the internal dialogues that often take place within organizations when they're considering doing business with a new company, which is where a whitepaper becomes an important part of the decision-making process. This is especially the case when a company's offering involves a newer technology such as artificial intelligence, as a whitepaper allows for a certain depth of technical detail which can be shown around internally to the right people for the purposes of understanding how good of a fit the solution is. It was a pleasure to work with the Zefiro team on this whitepaper, and I believe it articulates ZLS in a way that suitably highlights all of Zefiro's strengths and competitive advantages.' Reporters/Media: For any questions or to arrange an interview, please contact Rich Myers of Profile Advisors (New York City) by email at [email protected] or by telephone at +1 (347) 774-1125. 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) [email protected] For media inquiries, please contact: Rich Myers - Profile Advisors (New York) [email protected] +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 A photo accompanying this announcement is available at
Yahoo
02-06-2025
- Business
- Yahoo
Zefiro Publishes Whitepaper for its Lifecycle Solution Suite of Environmental Technologies
The Zefiro Lifecycle Solution (ZLS) leverages artificial intelligence for advanced modelling and analytics of well selection, leak profiling, environmental attributes, and abatement techniques. It offers an easy-to-use dashboard showing methane leak measurement data, providing unparalleled transparency and visibility for stakeholders including clients and government agencies. ZLS further strengthens Zefiro's capabilities as a fully integrated environmental services company, aligning with current and future market needs while remaining agnostic of methodology, registry, and market venue, and is open and configurable through an ecosystem of providers including measurement and monitoring devices. Zefiro initially announced the ZLS platform in late 2024. As the Company begins to more rapidly commercialize this high-tech aspect of its business model, Zefiro's Chief Technology Officer and Head of Environmental Markets Operations Richard Walker has taken the lead in authoring a whitepaper for ZLS to detail its scope and how it aligns with present market needs. FORT LAUDERDALE, Fla., June 02, 2025 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the 'Company', 'Zefiro', or 'ZEFI') is pleased to announce that the Zefiro Lifecycle Solution ('ZLS') whitepaper has officially been published, offering an in-depth overview of the advanced artificial intelligence ('AI') and blockchain technologies which comprise ZLS, as well as insights about how ZLS can fit into the needs of stakeholders in sectors including resources, energy, commodities, and commercial/investment banking. The 18 page whitepaper begins with a primer about the methane emissions problem in the United States, followed by an introduction to Zefiro's business model, which leads into descriptions of each component of the ZLS platform, and concludes with a section detailing the movement of data throughout ZLS from a technological perspective. The ZLS whitepaper can be accessed in PDF format through the following link on Zefiro's website: In 2024, Zefiro announced the creation of ZLS, with an objective of accelerating the scalable aggregation, verification, standardization, and delivery of environmental data for carbon credit issuance. Zefiro has collaborated with entities including CarbonAi, Keynum, and Geolabe to fortify the capabilities of ZLS, as detailed in Zefiro's February 25, 2025 press release. The ZLS whitepaper was primarily authored by Richard Walker, who serves as Zefiro's Chief Technology Officer as well as its Head of Environmental Markets Operations. Mr. Walker has over three decades of experience in enterprise technology strategy, having held senior leadership roles at Bain & Company, Deloitte, IBM, and BearingPoint. More information about Mr. Walker can be found in Zefiro's press release announcing his appointment as Chief Technology Zefiro crewmembers operating on an oil well site in Oklahoma in November 2024 Readers using news aggregation services may be unable to view the media above. Please access SEDAR+ or the section of the Company's website for a version of this press release containing all published media. Zefiro Chief Technology Officer and Head of Environmental Markets Operations Richard Walker commented, 'As an experienced management consultant, I'm very familiar with the internal dialogues that often take place within organizations when they're considering doing business with a new company, which is where a whitepaper becomes an important part of the decision-making process. This is especially the case when a company's offering involves a newer technology such as artificial intelligence, as a whitepaper allows for a certain depth of technical detail which can be shown around internally to the right people for the purposes of understanding how good of a fit the solution is. It was a pleasure to work with the Zefiro team on this whitepaper, and I believe it articulates ZLS in a way that suitably highlights all of Zefiro's strengths and competitive advantages.' Reporters/Media: For any questions or to arrange an interview, please contact Rich Myers of Profile Advisors (New York City) by email at media@ or by telephone at +1 (347) 774-1125. 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 Relations1 (800) 274-ZEFI (274-9334)investor@ For media inquiries, please contact: Rich Myers - Profile Advisors (New York)media@ +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 A photo accompanying this announcement is available at in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
Zefiro Subsidiary Successfully Arranges Secured Loan to Resolve its Recently Announced Promissory Note Matter
For the principal purpose of repaying a promissory note payable to Stephen Plants for Zefiro's acquisition of Plants & Goodwin, Inc., Zefiro Methane Holding LLC, a subsidiary of Zefiro has obtained a USD $2,480,000 secured loan to settle the 'Notice of Failure to Pay' concerning Stephen Plants' $2 million promissory note. FORT LAUDERDALE, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the 'Company', 'Zefiro', or 'ZEFI') is pleased to announce that it has successfully obtained a USD $2,480,000 secured loan for the principal purpose of 'curing' a payment-related discrepancy which led to the issuance of a Notice of Failure to Pay (the 'Notice') as announced in Zefiro's May 14, 2025 press release. The Notice was issued in connection with a USD $2,000,000 promissory note, which was created in conjunction with the May 12, 2023 acquisition of Plants & Goodwin, Inc. ('P&G'). In Zefiro's May 14, 2025 press release, the Company also announced its consolidated financial results for the fiscal quarter that ended March 31, 2025 ('FQ3 2025'). Key highlights from these results are summarized below. All figures are in U.S. dollars unless otherwise specified. Sequential growth of gross profit by 73.7% from approximately $600,000 in Zefiro's previous fiscal quarter (ended on December 31, 2024, referred to herein as 'FQ2 2025') to approximately $1,000,000 of gross profit for FQ3 2025. Revenue of $6.9 million for FQ3 2025. Although revenue for this quarter was 8.7% lower than the $7.5 million in revenue earned during FQ2 2025, maintaining a comparable level of revenue during FQ3 2025 (calendar months of January, February, and March 2025) demonstrates Zefiro's resilience during what is historically 'slow season' in the environmental remediation industry. Additionally, Zefiro substantially maintained its revenue levels in the midst of widescale economic and federal policy volatility that caused slowdowns across multiple sectors for companies of all sizes throughout early 2025. It should also be noted that Zefiro achieved 73.7% gross profit improvement between FQ2 2025 and FQ3 2025, despite 8.7% lower revenue for FQ3 2025. This reflects optimization of the Company's operations and key reductions to its overhead expenses without impacting performance. The first three quarters of Zefiro's 2025 fiscal year had combined revenue of $24.4 million, an increase of approximately 5% over the first three quarters of Zefiro's 2024 fiscal year, which had combined revenue of $23.4 million. This sustained performance exhibits continued growth of Zefiro's core operations. Please refer to Zefiro's public filings on SEDAR+ ( for all details from recent earnings is the largest single plugger of orphaned/abandoned oil and gas wells in North America. As a fully integrated remediator, Zefiro has in-house teams and fleets of equipment to undertake plugging projects for private and public sector clients. Readers using news aggregation services may be unable to view the media above. Please access SEDAR+ or the section of the Company's website for a version of this press release containing all published media. Zefiro Founder and CEO Talal Debs commented, 'Zefiro's management team is proud to have taken swift action to align the necessary resources for rectifying the discrepancy which led to the Notice that was issued last week. As our industry's landscape stabilizes following economic and federal policy volatility, I believe that we are poised to continue with ramping up our performance with an ever-growing docket of environmental remediation work from government agencies and private land owners.' Zefiro Methane Corp. has issued 14,950,000 warrants to the lenders in conjunction with the USD $2,480,000 secured loan, which was advanced by such lenders to Zefiro Methane Holding LLC, a subsidiary of Zefiro. The secured loan will carry a term of 18 months and accrue interest at a rate of 18% per annum, provided that it will be repayable at any time at the option of Zefiro. The loan is secured by a pledge of 100% of Zefiro Methane Holding LLC's holdings of Plants & Goodwin common stock. The principal use of proceeds of such loan will be to repay a USD $2,000,000 promissory note held by Stephen Plants, which was issued to Mr. Plants in connection with Zefiro's prior acquisition of Plants & Goodwin, Inc. in 2023. Such 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. Catherine Flax, who is a Director of the Company, is one of the lenders and subscribed for USD $800,000 of the principal amount of the loan and 4,820,000 of the CAD $0.23 warrants. Ms. Flax is a 'related party' of the Company within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ('MI 61-101'). As a result, the subscription by Ms. Flax of such portion of the loan and of such warrants are each considered to be a 'related party transaction', as such term is defined in MI 61-101. The Company relied on exemptions from the formal valuation and minority approval requirements of MI 61-101 (pursuant to subsections 5.5(a) and 5.7(a)) as the fair market value of the portion of the loan and the warrants subscribed by, and the consideration received from, Ms. Flax did not exceed 25% of the Company's market capitalization, as determined in accordance with MI 61-101. The transaction was reviewed and approved by the directors of the Company (with Ms. Flax abstaining). The Company did not file a material change report 21 days before the completion of the transaction as the Company needed to complete the transaction on an expedited basis. Reporters/Media: For any questions or to arrange an interview, please contact Rich Myers of Profile Advisors (New York City) by email at media@ or by telephone at +1 (347) 774-1125. 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 Relations1 (800) 274-ZEFI (274-9334)investor@ For media inquiries, please contact: Rich Myers - Profile Advisors (New York)media@ +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 use of proceeds from the secured loan, 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 A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
