Exchange Bulletin
Greenfire Resources Ltd. (GFR) To Trade On Toronto Stock Exchange
February 6, 2024
| Issuer: | Greenfire Resources Ltd. (the "Company") |
| Security: | Common shares ("Shares") |
| Symbol(s): | GFR |
| Number of Shares issued and outstanding: | 68,642,515 |
| Number of Shares reserved for issuance: | 14,390,918 |
| Listing category: | Oil and Gas, Exempt |
| Trading currency: | CDN$ |
| Listing and posted for trading date: | February 8, 2024 (at the opening) |
| Other market(s): | The Shares are currently listed on the New York Stock Exchange ("NYSE"). |
| Temporary market maker: | Research Capital Corporation |
| Investor relations: | Robert Logan President and Chief Executive Officer Tel: (403) 465-2312 Email: rlogan@greenfireres.com -- OR -- Tony Kraljic Chief Financial Officer Tel: (403) 668-5298 Email: tkraljic@greenfireres.com -- OR -- Robert Loebach Vice President, Corporate Development & Capital Markets Tel: (403) 473-7729 Email: rloebach@greenfireres.com |
| Incorporation: | The Company was incorporated under the Business Corporations Act (Alberta) on December 9, 2022, and on December 14, 2022, the Company, Greenfire Resources Inc. ("Old Greenfire") and M3-Brigade Acquisition III Corp., a U.S.-listed special purpose acquisition corporation, among other parties, entered into a business combination agreement, pursuant to which, the parties completed a business combination (the "Business Combination") on September 20, 2023. Following completion of the Business Combination, the Company continued the business of Old Greenfire, and the Shares commenced trading on NYSE. |
| Fiscal year end: | December 31 |
| Nature of business: | The Company is an Alberta based intermediate-sized oil sands producer focused on responsible energy development in the Athabasca region of Alberta, Canada. The Company is actively developing its existing producing assets using Steam-Assisted Gravity Drainage, an enhanced oil recovery extraction method, to responsibly increase the economic recovery of oil. |
| Transfer agent and registrar: | Computershare Trust Company of Canada at its principal offices in Calgary and Toronto. |
| Dividends: | There is no dividend or distribution policy in place for the Company. The Company currently intends to retain future earnings, if any, for future operations, expansion and debt repayment. Any decision to declare and pay dividends in the future will be made at the discretion of the Company's board of directors. |
| Disclosure document: | The Company's non-offering prospectus dated February 2, 2024, which is available at www.SEDARplus.ca. |
| TSX contact: | Anne Child, Managing Director, TSX Listings |