Greenfire Resources (GFR) has released an update.
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Greenfire Resources Ltd., a Canadian energy company, has announced the redemption of US$61 million of its US$300 million senior secured notes due in 2024. This strategic financial move aligns with the company’s cash management policy, directing a majority of excess cash flow to reduce debt, with the balance supporting shareholder returns. The company is set to release its Q2 2024 financial results in August.
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