Greenfire Resources Reports Voting Results from 2025 Annual Meeting of Shareholders | GFR Stock News

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May 07, 2025
  • Greenfire Resources (GFR, Financial) successfully elected all seven director nominees with approval ratings between 91.67% and 93.67%.
  • Approximately 80.93% of outstanding shares were represented at the 2025 annual meeting.
  • Deloitte LLP reappointed as auditors for the upcoming year.

Greenfire Resources Ltd. (GFR), a leading oil sands producer, announced the successful outcome of its 2025 annual shareholders meeting held on May 6 in Calgary, Alberta. Representing approximately 80.93% of the company's issued and outstanding common shares, a total of 56,586,107 shares were voted both in person and by proxy.

The election saw all seven director nominees receiving strong support with approval ratings ranging from 91.67% to 93.67%, reaffirming shareholder confidence in the company's leadership. Among the nominees, Tom Ebbern, Brian Heald, and David Knight Legg received the highest approval rate of 93.67%.

In a key development following the meeting, Brian Heald was appointed as the Chair of the Audit Committee, and David Knight Legg joined the committee. Additionally, Deloitte LLP was reappointed as the company's auditors, securing their position for another year.

Greenfire Resources, traded under the ticker GFR on the New York Stock Exchange and Toronto Stock Exchange, continues to focus on developing its long-life thermal oil assets in Alberta's Athabasca region, aiming for capital-efficient production growth.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.