Greenfire Announces Deferred Consideration of the Shareholder Rights Plan by the Toronto Stock Exchange

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Greenfire Resources (NYSE: GFR) (TSX: GFR), a Calgary-based energy company, has announced that the Toronto Stock Exchange (TSX) has deferred consideration of its shareholder protection rights plan agreement (Rights Plan). This deferral will continue until the TSX is satisfied that the appropriate securities commission will not intervene under National Policy 62-202.

The Rights Plan was adopted in response to the September 16, 2024 announcement that Waterous Energy Fund Management Corp. (WEF) had entered agreements to acquire 43.3% of Greenfire’s outstanding common shares. The TSX typically defers acceptance of shareholder rights plans adopted in response to specific take-over bids.

The full text of the Rights Plan will be available on SEDAR+ and SEC websites.

Greenfire Resources (NYSE: GFR) (TSX: GFR), un’azienda energetica con sede a Calgary, ha annunciato che…

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