Waterous Energy Fund Requisitions Special Meeting of Shareholders of Greenfire Resources Ltd. for the Purpose of Replacing the Entire Board of Directors [Globe and Mail, The (Toronto, Cana...
Constellation Energy Corporation (CEG)
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Source: Globe and Mail, The
Energy Fund III (Canadian FI) LP, and Waterous Energy Fund III (International FI) LP (collectively, " WEF "), the collective beneficial owners of approximately 43% of the issued and outstanding shares of Greenfire Resources Ltd. (TSX and NYSE: GFR) (" Greenfire ") and Greenfire's largest shareholder, announce that they have requisitioned a special meeting (the " Meeting ") of holders of common shares of Greenfire for the purpose of replacing the current board of directors of Greenfire (the " Board "), and respond to Greenfire's November 20, 2024 press release. WEF is seeking to replace all four current Board members ( Matthew Perkal Robert Logan Jonathan Klesch and Derek Aylesworth ), for three reasons described below. The Board Has Overseen Consistently Poor Performance on All Fronts a. Under the Board's leadership, production has consistently missed expectations While seeking approval for the de-SPAC transaction in late 2022, Greenfire initially forecasted 2023 production of
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CEG
Earnings
- 11/4/24 - Beat
CEG
Sec Filings
- 11/14/24 - Form SC
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- 10/2/24 - Form 4
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