The Collective Beneficial Owners Of ~43% Of The Issued And Outstanding Shares Of Greenfire Resources And Greenfire's Largest Shareholder, Announce That They Have Requisitioned A Special Meeting Of Holders Of Common Shares For The Purpose Of Replacing...
The Collective Beneficial Owners Of ~43% Of The Issued And Outstanding Shares Of Greenfire Resources And Greenfire's Largest Shareholder, Announce That They Have Requisitioned A Special Meeting Of Holders Of Common Shares For The Purpose Of Replacing...
WEF is requesting that the Board call a meeting of Greenfire shareholders to replace the current Board of four with six highly-qualified directors (the "The Collective Beneficial Owners Of ~43% Of The Issued And Outstanding Shares Of Greenfire Resources And Greenfire's Largest Shareholder, Announce That They Have Requisitioned A Special Meeting Of Holders Of Common Shares For The Purpose Of Replacing The Current Board Of Directors
Greenfire Resources约43％的已发行和流通股份的集体受益所有人和Greenfire的最大股东宣布，他们已征用普通股持有人特别会议，以取代现任董事会
Summary
摘要
In summary, it has become clear that the current Greenfire Board, in the face of poor operational performance, a declining share price and blatant self-dealing, has resorted to desperate corporate lawfare maneuvers to entrench themselves despite overwhelming evidence that their shareholders and the market has lost confidence in them.
总而言之，显而易见，面对运营业绩不佳、股价下跌和公然的自我交易，尽管有大量证据表明其股东和市场对他们失去了信心，但当前的Greenfire董事会还是采取了绝望的公司法手段来巩固自己的地位。
Fortunately, Greenfire shareholders have another option. WEF was attracted to Greenfire likely for the same reason as many of its fellow shareholders: Greenfire owns a high-quality asset, but the company's value is currently clouded by mismanagement and a dysfunctional Board. WEF has a track record of creating value by simplifying complex corporate situations so that the underlying value of the assets can shine through, and it is confident it can once again do so with Greenfire.
幸运的是，Greenfire的股东还有另一种选择。世界经济论坛被Greenfire吸引的原因可能与许多其他股东相同：Greenfire拥有高质量的资产，但该公司的价值目前因管理不善和董事会功能失调而蒙上阴影。WEF在通过简化复杂的公司情况来创造价值方面有着良好的记录，从而使资产的潜在价值得以发挥，它有信心通过Greenfire再次实现这一目标。
WEF is requesting that the Board call a meeting of Greenfire shareholders to replace the current Board of four with six highly-qualified directors (the "Shareholder Nominees") who bring significant oil and gas, operational, public company, capital markets, mergers and acquisitions and financial experience. WEF requests that the Meeting be held promptly, and in any event by no later than January 2025.
世界经济论坛要求董事会召开Greenfire股东会议，用六名具有丰富石油和天然气、运营、上市公司、资本市场、并购和财务经验的高素质董事（“股东候选人”）取代目前的四人董事会。世界经济论坛要求立即举行会议，无论如何不迟于2025年1月。
Finally, contrary to Greenfire's baseless claims in its November 20, 2024 press release, WEF has no intention of proposing a combination of Greenfire and Strathcona at this time. Furthermore, even if it did, shareholders should rest assured that any such transaction would be subject to the approval of the majority of disinterested (i.e. non-WEF) shareholders (at both Greenfire and Strathcona), under Multilateral Instrument 61-101 - Protections for Minority Shareholders. Moreover, contrary to Greenfire's claims, all six of WEF's nominees are considered independent under applicable securities laws.
最后，与Greenfire在其2024年11月20日的新闻稿中毫无根据的说法相反，世界经济论坛目前无意提议将Greenfire和Strathcona合并。此外，即使如此，股东也应放心，根据第61-101号多边文书 “保护少数股东”，任何此类交易都必须得到大多数不感兴趣（即非世界经济论坛）股东（Greenfire和Strathcona）的批准。此外，与Greenfire的说法相反，根据适用的证券法，世界经济论坛的所有六位被提名人均被视为独立人士。
