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Zefiro Methane Corp
Symbol ZEFI
Shares Issued 75,180,450
Close 2025-06-03 C$ 0.34
Market Cap C$ 25,561,353
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Zefiro makes Loeffler audit chair, Downs interim CFO

2025-06-03 18:14 ET - News Release

Dr. Talal Debs reports

ZEFIRO METHANE CORP. APPOINTS CORRENE LOEFFLER AUDIT COMMITTEE CHAIR, MICHAEL DOWNS INTERIM CFO

Zefiro Methane Corp. has appointed board of directors member Correne Loeffler and Michael Downs as the chair of the audit committee and interim chief financial officer, respectively. Ms. Loeffler and Mr. Downs will execute strategies that bolster Zefiro's long-term financial standing and help ensure that the company continues to accelerate the growth of its core business operations. Ms. Loeffler will also lead a search committee for a permanent chief financial officer to replace Mohit Gupta, who resigned from Zefiro.

Ms. Loeffler has over 20 years of experience in corporate and investment banking and has served as chief financial officer of three different publicly traded organizations operating within the energy sector. Ms. Loeffler most recently served as the chief financial officer of Key Energy Services and helped the firm strengthen its financial position following its 2020 restructuring. Ms. Loeffler has also held senior executive roles with JP Morgan and the Callon Petroleum Company.

Mr. Downs has over 25 years of experience as a finance and operations executive in the energy sector, particularly within the oil and gas space. This includes serving in senior leadership positions at Atlas Energy, a publicly traded United States-based upstream oil and gas enterprise, and Falcon Minerals, which was acquired by Sitio Royalties during Mr. Downs' tenure, a publicly traded oil and gas royalties and minerals company.

Zefiro founder and chief executive officer Dr. Talal Debs commented: "From successfully guiding one of the country's leading oil field services companies out of period of unprecedented turbulence to executing complex transactions for global leaders in banking and energy production, Correne's track record of success is second to none. Correne is the right person to help launch Zefiro into a new era of growth, and we are excited to have her more closely aid our efforts to expand the company's commercial footprint into new marketplaces across North America."

Zefiro director Correne Loeffler commented, "I am grateful for this opportunity to help firmly establish our team's position as the industry leader in well plugging and methane reduction services."

Dr. Debs continued: "Mike Downs is an effective leader and has a strong understanding of the Zefiro mission. I value his approach to building successful organizations and look forward to partnering with him on an interim basis as the company continues to pursue commercial success and operational excellence."

About Zefiro Methane Corp.

Zefiro is an environmental services company, specializing in methane abatement. Zefiro strives to be a key commercial force toward 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.

We seek Safe Harbor.

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