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GOLD 4150.00 +0.2% SILVER 57.71 −0.5% COPPER 6.58 −0.4% OIL 97.15 −0.7% PALLADIUM 1092.00 −1.2% AXO 1.00 +0.0% AORO 0.015 +50.0% ARIS 23.92 −0.3% IMG 25.00 +0.1% DEX 0.340 −6.8% MMX 0.045 −10.0% DSV 11.35 +1.1% LITH 0.280 +0.0% TECK 88.14 −2.6% ARU 0.230 +2.2% RCK 0.640 +0.0% ZFR 0.070 +27.3% SGZ 0.040 +0.0% GIG 0.500 +0.0% SMD 0.280 +0.0% GOLD 4150.00 +0.2% SILVER 57.71 −0.5% COPPER 6.58 −0.4% OIL 97.15 −0.7% PALLADIUM 1092.00 −1.2% AXO 1.00 +0.0% AORO 0.015 +50.0% ARIS 23.92 −0.3% IMG 25.00 +0.1% DEX 0.340 −6.8% MMX 0.045 −10.0% DSV 11.35 +1.1% LITH 0.280 +0.0% TECK 88.14 −2.6% ARU 0.230 +2.2% RCK 0.640 +0.0% ZFR 0.070 +27.3% SGZ 0.040 +0.0% GIG 0.500 +0.0% SMD 0.280 +0.0%
Financings

Zefiro enters settlement for debt of $407,855

By The Northwire Desk — AI Analysis Nov 28, 2025 · 19:10 ZEFI · 0.31 Zefiro Methane Corp
ZEFI · Price

Executive Summary

  • Zefiro Methane Corp. has entered into agreements with two creditors to settle an aggregate of $407,855.97 in outstanding debt.
  • The settlement involves the issuance of 1,127,273 common shares and the granting of 400,000 stock options, alongside a significant debt forgiveness/writedown by the creditors.
  • The transaction is viewed by the company as a strategic move to strengthen its balance sheet and reduce overall debt obligations.

Key Details

  • Total Debt Settled: $407,855.97.
  • Debt Forgiven: $97,855.97 of the total debt was forgiven and settled for no value.
  • Equity Issuance: The company will issue an aggregate of 1,127,273 common shares.
  • Deemed Share Price: The debt shares are issued at a deemed price of 27.5 cents per share.
  • Stock Options: 400,000 stock options were granted to creditors.
    • Exercise Price: 40 cents per share.
    • Expiration: One-year expiration period from the date of grant.
    • Vesting: In accordance with Zefiro's stock option plan.
  • Hold Period: All common shares issued are subject to a statutory four-month-and-one-day hold period per Cboe Canada policies and applicable securities laws.
  • Conditions: The issuance is subject to regulatory approvals, including approval from Cboe.

Notable Quotes

  • "The company views these strategic debt settlements as a positive step toward, strengthening its balance sheet and reducing its overall debt obligations."
Read the original news release →

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