Greenfire Resources (GFR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Greenfire Resources Ltd., a Calgary-based energy company, has revealed that a hearing with the Alberta Securities Commission is scheduled for November 5, 2024, to discuss the future of its shareholder protection rights plan. In addition, the company has announced the resignation of two directors, who were formerly associated with corporations involved in a potential acquisition of Greenfire’s shares. The company is geared up to defend its rights plan to ensure fair and equal treatment of all shareholders amidst unsolicited take-over bids.
For further insights into GFR stock, check out TipRanks’ Stock Analysis page.