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Greenfire Resources has launched a CAD$300 million rights offering and announced the conditional redemption of its US$237.5 million senior secured notes due 2028. The rights offering is available to common shareholders of record as of November 17, 2025, and each holder will receive one right for every common share held. The standby purchase agreement with Waterous Energy Fund ensures that the maximum number of common shares issuable under the rights offering will be issued and purchased.

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