Waterous Energy Fund Acquires 2.7% of Greenfire Resources Ltd. for $12.8M

Waterous Energy Fund acquired 1,926,055 shares of Greenfire Resources Ltd. for $12.8 million, representing 2.7% of the company's issued and outstanding shares. This purchase brings WEF's total ownership to 49,929,812 shares, or approximately 71.1% of Greenfire's shares on an undiluted basis. WEF intends to review its investment in Greenfire on a continuous basis and may adjust its ownership in the future based on various factors.