Methane Abatement Innovator Zefiro Methane Corp. Goes Public on Cboe Canada
TORONTO , April 23 /Businesswire/ - Today, Cboe Canada Inc. (“Cboe Canada”) is excited to announce the listing of Zefiro Methane Corp. (“Zefiro Methane”) following the closing of its initial public offering. Zefiro Methane is a climate technology company committed to decommissioning orphaned and abandoned oil and gas wells in the United States and is now listed and trading on Cboe Canada under the ticker symbol ZEFI.
“Millions of North Americans live and work close to an unremediated oil or gas well, often unaware of the risk to health and environment posed by leaking methane gas. As a pure and fully integrated player in sustainable finance and environmental services, Zefiro Methane uniquely combines an institutional-grade environmental markets channel with the in-house capability to eliminate these methane leaks. We are scaling to tackle this large and complex issue by applying cutting-edge data and technologies, by tapping environmental and private sector capital, and by leveraging unprecedented financial support from the government. At Zefiro Methane, we are focused on bringing all available means to solve this problem affecting our communities, as well as our air, land, and water,” said Talal Debs, Ph.D. Founder and Chief Executive Officer of Zefiro Methane.
Zefiro Methane measures, monitors, and decommissions orphaned and abandoned oil and gas wells across the United States, many of which leak methane, a greenhouse gas 25-84 times more potent than CO2. By decommissioning these wells, Zefiro Methane generates high-quality carbon offsets that it offers for sale in voluntary carbon markets.
“As governments across the world take steps to monitor and manage commitments to reduce greenhouse gas emissions, Zefiro Methane is positioning themselves with an expert management team, access to capital, and creating an interesting opportunity for investors,” noted Erik Sloane, Global Head of Corporate Listings at Cboe Global Markets. “We are very proud to welcome another quality company and industry leader in the Innovation Economy to Cboe Canada, providing Zefiro Methane with superior service, enhanced quality of trading, and expanded investor reach as they begin their next chapter as a publicly traded company.”
Investors can trade shares of ZEFI through their usual investment channels, including discount brokerage platforms and full-service dealers.
Cboe Canada is home to over 270 unique listings, including some of the most innovative Canadian and international growth companies, ETFs from Canada’s largest ETF issuers, and Canadian Depositary Receipts (CDRs). Cboe consistently facilitates over 15% of all volume traded in Canadian-listed companies, and more than 20% of all volume traded in Canadian ETFs. For a complete view of all securities listed on Cboe Canada, click here.
About Cboe Canada
Cboe Canada is Canada’s Tier 1 stock exchange for the purpose-driven Innovation Economy, providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
Cboe Canada is part of the Cboe Global Markets network, leveraging deep international expertise, industry-leading market intelligence and technology, and unparalleled service to deliver what stakeholders and the world need now, and for the future.
Connect with Cboe Canada: Website | LinkedIn | X | Instagram | Facebook
About Zefiro Methane Corp.
Zefiro develops methodologies to reduce methane emissions by plugging orphaned and abandoned oil/gas wells, while originating carbon offsets. Under executive leadership to include the former carbon market team at J.P. Morgan, Zefiro actively deploys crews to decommission wells throughout the United States. With unprecedented global demand for carbon offsets as corporations and institutions work towards net-zero targets, Zefiro is strategically aligning with industry leaders for a greener future.
Connect with Zefiro Methane: Website | LinkedIn | X | YouTube
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