Greenfire announces date for rights plan hearing with the alberta securities commission and resignation of two directors

Calgary, alberta--(newsfile corp. - september 30, 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 announces that the alberta securities commission ("asc") has set november 5, 2024 as the date for the hearing in respect of the application made by certain limited partnerships managed by waterous energy fund management corp. (collectively, "wef") and parties that it has entered into share purchase agreements with, namely allard services limited ("allard"), a corporation controlled by former director and greenfire board chair julian mcintyre, and annapurna limited ("annapurna"), a corporation controlled by former greenfire director venkat siva, and modro holdings llc (together with allard and annapurna, the "selling shareholders") requesting that the asc, among other things, cease trade the company's shareholder protection rights plan agreement (the "rights plan").
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