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Zefiro Methane Corp. entered loan satisfaction agreements with three creditors to eliminate $1,790,000 in debt and secure $447,500 in cash. The creditors exercised 10,790,000 equity warrants, with 75% of the exercise price offset against the debt and 25% paid in cash.

Zefiro issued 1,409,589 shares for the remaining debt and 1,014,904 shares for accrued interest. The funds will be used for debt retirement and working capital. This transaction reduces 2026 debt maturities by approximately 64%. A separate $690,000 loan remains outstanding.