Business
Zefiro Announces Postponement of Annual and Special Meeting of Shareholders to March 20, 2026
Fort Lauderdale, Florida--(Newsfile Corp. - February 24, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the "Company", "Zefiro", or "ZEFI") announced today that its annual and special meeting (the "Meeting") of the holders (the "Shareholders") of common shares ("Shares") of the Company, previously scheduled for March 4, 2026, has been postponed to 12:00 p.m. (Eastern time) on March 20, 2026 at Suite 5300, 66 Wellington Street West, Toronto, Ontario, M5K 1E6.Further..
About this update from Zefiro Methane Corp.
[{"type":"text","content":"Fort Lauderdale, Florida--(Newsfile Corp. - February 24, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the "Company", "Zefiro", or "ZEFI") announced today that its annual and special meeting (the "Meeting") of the holders (the "Shareholders") of common shares ("Shares") of the Company, previously scheduled for March 4, 2026, has been postponed to 12:00 p.m. (Eastern time) on March 20, 2026 at Suite 5300, 66 Wellington Street West, Toronto, Ontario, M5K 1E6.","length":551,"tagName":"p"},{"type":"text","content":"Further to the Company's news release dated February 12, 2026, the Meeting has been postponed to provide some separation between the hearing (the "Hearing") scheduled to be held before the British Columbia Securities Commission ("BCSC") on March 3 and 4, 2026 and the Meeting date. The Hearing was scheduled by the BCSC in response to an application brought by Talal Debs, the former Chief Executive Officer of Zefiro, who was terminated from his executive position and is currently under investigation by the Company for potential misconduct, X Machina Sustainable Technologies Inc. and X Machina Capital Strategies Fund I LP (collectively, the "Dissidents"). As detailed in the Company's prior news release, the Company believes that the allegations set forth in the Dissidents' application are entirely without merit and an attempt to gain an unfair advantage through a misuse of the Canadian securities regulatory process.","length":968,"tagName":"p"},{"type":"text","content":"In furtherance of these tactics, the Dissidents have attempted to delay the Hearing and push the Meeting to the end of March, which would deprive Shareholders of having their say on the future of the Company on a timely basis. The Board of Directors (the "Board") of Zefiro believes that it is in the best interests of the Company and its Shareholders to hold the Meeting as soon as practicable. The Board believes that the postponement of the Meeting to March 20, 2026 strikes an appropriate balance by providing Shareholders with the benefit of knowing the outcome of the Hearing before voting at the Meeting, while still holding the Meeting on a timely basis to permit Shareholders to determine who they believe is best positi...