Greenfire resources ltd. files injunction following cease trade of rights plan; proceeds with strategic review and adopts new shareholder rights plan

Calgary, alberta--(newsfile corp. - november 6, 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 has filed an application with the court of king's bench of alberta seeking an interim injunction to halt the sale of shares to certain limited partnerships managed by waterous energy fund management ("wef"), from each of allard services limited (a corporation controlled by julian mcintyre, the former chair and a director of the company), annapurna limited (a corporation controlled by venkat siva, a former director of the company), and modro holdings llc (collectively, the "selling shareholders").
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