Greenfire Resources Ord Shs T.GFR

Alternate Symbol(s): GFR | GFRWF

Energy Oil & Gas E&P

Greenfire Resources Ltd is an oil sands producer focused on the sustainable development of its Tier-1 assets in Western Canada. The Company’s operations include Thermal Oil Operations, Tier-1 Oil Sands Reservoir, Hangingstone Facilities, Pipeline Infrastructure, and Cooperation with Trafigura. The Company’s operations are based in the Canadian oil sands where it leverages in situ thermal oil development to access Western Canada’s energy resources. The Company’s resource base is concentrated in the Athabasca region of Northern Alberta and comprises two of the five Tier-1 steam-assisted gravity drainage (SAGD) assets in the province, providing access to a reservoir. It operates two SAGD oil production facilities within the same Tier-1 reservoir at Hangingstone, situated 50 kilometers (km) south of Fort McMurray in Northern Alberta. Hangingstone Expansion is located 55 km south of Fort McMurray, Alberta. The Demo Asset is located 50 km south of Fort McMurray, Alberta.

TSX:GFR - Post by User

Greenfire Resources Ord Shs

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Post by ztransforms173on Mar 21, 2024 12:04pm

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Post# 35945189

HEDGE FUNDS 6 Month LOCK-UP Period EXPIRED TODAY

The company will respond to NYSE to confirm its intent to cure this deficiency. Greenfire believes the recent listing of its common shares on the Toronto Stock Exchange and the coming expiration of the six-month lock-up agreements entered into upon completion of the company's business combination on Sept. 20, 2023, which currently cover approximately 65 per cent of the company's outstanding common shares, will aid Greenfire in meeting NYSE's requirement to have 400 public stockholders.

https://www.stockwatch.com/News/Item/Z-C!GFR-3525972/C/GFR

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z173

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