Sec Form 13G Filing - McIntyre Julian Alexander filing for Greenfire Resources Ltd. (GFR) - 2024-09-18

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G

(RULE 13d - 102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(b), (c)
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b)

 

(Amendment No. 2)*

 

Greenfire Resources Ltd.

(Name of Issuer)

 

Common Shares, without par value

(Title of Class of Securities)

 

39525U107

(CUSIP Number)

 

September 16, 2024

(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  Julian Alexander McIntyre
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
  (a) ☐
  (b) ☐
   
3. SEC USE ONLY
   
4. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United Kingdom
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
5. SOLE VOTING POWER
   
  0
   
6. SHARED VOTING POWER
   
  0 Common Shares
   
7. SOLE DISPOSITIVE POWER
   
  0
   
8. SHARED DISPOSITIVE POWER
   
  0 Common Shares
   
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  0 Common Shares
   
10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)

EXCLUDES CERTAIN SHARES ☐

   
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  2.2%(1)
   
12. TYPE OF REPORTING PERSON
   
  IN

 

 

(1)The percentage calculation is based on an aggregate of 69,308,014 Common Shares outstanding as of August 14, 2024, according to the Form 6-K filed by the Issuer on August 15, 2024, which includes 1,575,187 Common Shares underlying warrants currently exercisable.

 

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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  Allard Services Limited
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
  (a) ☐
  (b) ☐
   
3. SEC USE ONLY
   
4. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Tax resident of the United Kingdom, Incorporated under Isle of Man, British Isles
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
5. SOLE VOTING POWER
   
  0
   
6. SHARED VOTING POWER
   
  0 Common Shares
   
7. SOLE DISPOSITIVE POWER
   
  0
   
8. SHARED DISPOSITIVE POWER
   
  0 Common Shares
   
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  0 Common Shares
   
10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)

EXCLUDES CERTAIN SHARES ☐

   
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  2.2%(1)
   
12. TYPE OF REPORTING PERSON
   
  CO

 

 

(1)The percentage calculation is based on an aggregate of 69,308,014 Common Shares outstanding as of August 14, 2024, according to the Form 6-K filed by the Issuer on August 15, 2024, which includes 1,575,187 Common Shares underlying warrants currently exercisable.

 

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Item 1(a). Name of Issuer:

 

Greenfire Resources Ltd. (the “Issuer”)

 

Item 1(b). Address of Issuer’s Principal Executive Offices:

 

1900 - 205 5th Avenue SW

Calgary, Alberta T2P 2V7

 

Item 2. (a) Name of Persons Filing:

 

(b) Address of Principal Business Office or, if None, Residence:

 

(c) Citizenship:

 

The following entity and individuals, listed below, who are filing this Statement of Beneficial Ownership on Schedule 13G (this “Statement”), are referred to herein collectively as the “Reporting Persons”:

 

Julian Alexander McIntyre

Citizenship: United Kingdom

 

Allard Services Limited

Citizenship: Tax resident of the United Kingdom, Incorporated under Isle of Man, British Isles

 

The principal business address of each of the Reporting Persons is Second Floor 18-20 North Quay, Douglas, Isle of Man, IM1 4LE.

 

Item 2(d). Title of Class of Securities:

 

Common shares, no par value (the “Common Shares”)

 

Item 2(e). CUSIP Number:

 

39525U107

 

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Item 3. If This Statement is Filed Pursuant to Rule 13d 1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

 

  (a) Broker or dealer registered under Section 15 of the Exchange Act.
  (b) Bank as defined in Section 3(a)(6) of the Exchange Act.
  (c) Insurance company defined in Section 3(a)(19) of the Exchange Act.
  (d) Investment company registered under Section 8 of the Investment Company Act.
  (e) Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).
  (f) Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).
  (g) Parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).
  (h) Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
  (i) Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
  (j) Non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J).
  (k) Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____

 

Item 4. Ownership.

 

As of the close of business on September 16, 2024:

 

(i)   Allard Service Limited (“Allard”) beneficially owned 21,446,726 Common Shares, which includes 1,575,187 Common Shares underlying warrants currently exercisable. First, Allard entered into a Stock Purchase Agreement with Annapurna Limited, an Isle of Man company controlled by Venkat Siva, a director of the Issuer (“Annapurna”) on September 16, 2024 (the “Stock Purchase Agreement”). The Stock Purchase Agreement provides for the sale of 300,000 Common Shares to Annapurna, subject to certain closing conditions. Second, Allard entered into a Share Purchase Agreement with Waterous Energy Fund II (Canadian) LP, a limited partnership existing under the laws of the Province of Alberta, Waterous Energy Fund III (US) LP, a limited partnership existing under the laws of the Province of Alberta, Waterous Energy Fund III (International) LP, a limited partnership existing under the laws of the Province of Alberta, Waterous Energy Fund III (Canadian F1) LP, a limited partnership existing under the laws of the Province of Alberta, and Waterous Energy Fund III (International F1) LP, a limited partnership existing under the laws of the Province of Alberta (collectively, “WEF”) on September 16, 2024 (the “Share Purchase Agreement”). The Share Purchase Agreement provides for the sale by Allard of 19,571,539 Common Shares to WEF, which constitutes all the Common Shares held by Allard, subject to closing no later than November 8, 2024. As a result of the above sales totaling 19,871,539 Common Shares, Allard beneficially owns 1,575,187 Common Shares underlying warrants currently exercisable and has now ceased to be a beneficial owner of more than five percent of Common Share. 
   
(ii) 14,320,878 Common Shares held by Allard that were previously subject to a pledge in favor of The Bank of New York Mellon as collateral agent for a third partner lender have been released as of June 28, 2024.  
   
(iii)   Allard is owned by Tanwood Limited and Garwood Limited (both being Isle of Man companies), which hold their securities in trust for Mr. Julian Alexander McIntyre. Mr. Julian McIntyre may thus be deemed to beneficially own the Common Shares beneficially owned by Allard.

 

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Item 5. Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

 

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

 

Not applicable.

 

Item 8. Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9. Notice of Dissolution of Group.

 

Not applicable.

 

Item 10. Certification.

 

By signing below each of the undersigned certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

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SIGNATURES

 

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct.

 

Dated: September 18, 2024

 

Julian Alexander McIntyre

 
   
By: /s/ Julian Alexander McIntyre  
  Julian Alexander McIntyre  

 

Allard Services Limited  
   
By: /s/ Jamie Kean  
 

Name: 

Jamie Kean

 
  Title: Director  

 

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