Greenfire resources announces appointment of interim chairman and adoption of shareholder rights plan in response to waterous energy fund's agreement to acquire greenfire shares

Calgary, alberta--(newsfile corp. - september 19, 2024) - greenfire resources ltd. (nyse: gfr) (tsx: gfr) ("greenfire" or the "company"), a calgary-based energy company focused on the production and development of thermal energy resources from the athabasca region of alberta, canada acknowledges the announcement on september 16, 2024 by waterous energy fund management corp. ("wef manager") in its capacity as manager of certain limited partnerships (collectively, "wef"), that it has entered into agreements with certain greenfire shareholders (the "selling shareholders") to acquire 43.3% of the issued and outstanding common shares (the "common shares") of the company (the "proposed acquisition").
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