Zefiro Methane Corp. has successfully completed a capital increase with gross proceeds of approximately CAD 5.0 million. As part of the transaction, a total of 7.58 million units were placed at an issue price of CAD 0.66 per unit. Each unit consists of one common share and one-half of a warrant. After deducting placement-related finder’s fees of CAD 0.30 million, the company is expected to have received net proceeds of approximately CAD 4.70 million (USD 3.35 million). At the end of the 2025⁄26 financial year (30 June 2026), cash and cash equivalents amounted to USD 1.09 million, meaning that the company’s liquidity position has now improved significantly. The proceeds are primarily intended for general corporate purposes and to strengthen working capital. In addition, a portion of the funds may be used for strategic acquisitions.
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