Greenfire issues transferable share rights in upsized C$775 million offering
PUBT · 1d ago
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- Greenfire set terms for an upsized rights offering to issue 114,985,163 common shares for about C$ 775 million gross.
- Shareholders on record Aug. 17, 2026 get 1 right per share; 1.0908 rights buy 1 share at C$ 6.74 or US$ 4.81.
- Rights transfer to trade on TSX Aug. 17 under GFR.RT.A; trading ends noon Toronto time Sept. 15, 2026.
- NYSE when-issued trading expected Aug. 14 under GFR RTWI; regular-way Aug. 25 under GFR RT; trading ends before open Sept. 14.
- Unexercised rights void at 4:00 p.m. Calgary time Sept. 15; share count expected to rise to 240,413,692 post-closing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenfire Resources Ltd. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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