Zefiro Methane Files Its Management Information Circular for Annual General and Special Meeting of Shareholders and Responds to Dissident Application for a Hearing Before the British Columbia Securities Commission

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[{"type":"text","content":"Fort Lauderdale, Florida--(Newsfile Corp. - February 12, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the "Company", "Zefiro", or "ZEFI") announced today that it has filed and commenced mailing of its management information circular and related proxy materials (the "Meeting Materials") in connection with its upcoming annual general and special meeting of shareholders (the "Meeting"), currently scheduled to be held on March 4, 2026.","length":516,"tagName":"p"},{"type":"text","content":"The Meeting Materials provide shareholders with important information regarding matters to be considered at the Meeting, including, among other matters, the election of Zefiro's directors and matters set forth in a requisition delivered to the Company 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").","length":568,"tagName":"p"},{"type":"text","content":"The Board of Directors of Zefiro (the "Board") recommends that shareholders use only the GOLD proxy or GOLD voting information form (VIF) included with the Meeting Materials to vote FOR the election of each of management's nominee directors, namely: Correne Loeffler, Catherine Flax, Jonson Sun, Daryl Heald and Hudheifa Moawalla, and in accordance with the Board's voting recommendations on the other matters to be considered at the Meeting as disclosed in the Meeting Materials.","length":498,"tagName":"p"},{"type":"text","content":"Zefiro further announced today that a hearing (the "Hearing") will be held before the British Columbia Securities Commission (the "BCSC") on March 3 and 4, 2026 to consider an application (the "Application") brought by the Dissidents alleging, among other things, that the common shares (the "Debt Settlement Shares") issued by the Company to certain lenders (the "Lenders") to the Company on January 27, 2026 in connection with loan satisfaction arrangements (the "Loan Satisfaction Arrangements") with such Lenders was a defensive tactic, with no business ra...

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