Greenfire Resources Announces C$575M Rights Offering for Connacher Acquisition

Greenfire Resources plans to raise at least C$575 million through a rights offering, backed by its majority shareholder Waterous Energy Fund. The funds will be used to repay a bridge loan facility related to the company's proposed acquisition of private oil sands firm Connacher Oil and Gas Limited.

By Proactive Mon, July 13, 2026 at 7:21 PM GMT+3 2 min read · Yahoo Finance · July 13, 2026, 16:21 UTC

Greenfire Resources Announces C$575M Rights Offering for Connacher Acquisition

Topics: acquisition funding Connacher Oil and Gas Limited rights offering

Read the full article at Yahoo Finance

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