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Greenfire Resources Ord Shs T.GFR

Alternate Symbol(s):  GFR | GFRWF

Greenfire Resources Ltd. is an energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada. Its business is the production and development of upstream energy resources from the oil sands in Canada, using in situ thermal oil production extraction techniques, such as steam assisted gravity drainage (SAGD). Its operations include Thermal Oil Operations, Tier-1 Oil Sands Reservoir, Hangingstone Facilities, Infrastructure & Pipelines and Cooperation with Trafigura. Its operations in the Canadian oil sands leverage in situ thermal oil development to access Western Canada’s energy resources. 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. Its Demo Asset is located 50 km south of Fort McMurray, Alberta. The Expansion Asset and Demo Asset (together the Hangingstone Facilities) have a Tier-1 SAGD reservoir.


TSX:GFR - Post by User

Post by ztransforms173on Nov 20, 2024 11:35pm
52 Views
Post# 36323088

WEF Are SCAM ARTISTS: WANT 4 OUT OF 6 DIRS With 43.4 % !

WEF Are SCAM ARTISTS: WANT 4 OUT OF 6 DIRS With 43.4 % !
DIRS: DIRECTORS on the BODs of Greenfire Resources

^^^

WEF has proposed the nomination of six directors, with four of these nominees being WEF employees and also directors of Strathcona Resources Ltd., a company controlled by WEF. The board does not believe the proposed WEF nominees meet the requirements of best governance practices for publicly listed companies. Further, the board notes that WEF has a history of making acquisitions that have been subsequently vended into Strathcona for shares. Greenfire is concerned that common directors between the two companies could expose Greenfire to a similar outcome, including potentially acquiring the company without offering an appropriate control premium to Greenfire shareholders.
 
 
***

- WEF are TOTAL CLOWNS

- so SCR EMPLOYEES GET ACCESS to ALL the GFR PROPRIETARY INFORMATION and THEN they LOW BALL the SCR BUYOUT of GFR

- are they F@CKING INSANE ?


* NO WAY JOSE !
 

- they want to SUCK IN GFR SHAREHOLDERS into the SCR SHARE OWNERSHIP COMPLEX AT a DISCOUNT SHARE EXCHANGE

- NO COLD HARD CASH TAKEOVER, ONLY GFR to SCR SHARE EXCHANGE

- A NO-HOLDS BARREL PROXY FIGHT on NOMINATING DIRECTORS is ABSOLUTELY NECESSARY


z173

 
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