Greenfire Resources completes C$775M rights offering closing
Greenfire Resources says it has successfully completed its previously announced C$775 million offering of rights to eligible shareholders.
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10:21:58 PM UTC
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Greenfire Resources Ltd. closed a fully subscribed rights offering, issuing 114,985,163 shares at C$6.74 each for ~C$774M, and used proceeds to repay a C$575M bridge and reduce other acquisition debt.Material DetailsContext by AI AnalystThis is a balance sheet repair following the Connacher acquisi…
Greenfire Resources Ltd. said it has completed its previously announced C$775 million rights offering to all eligible Greenfire shareholders. The company said the announcement was made on September 16, 2026.