Calfrac Announces Rights Offering and Redemption of Second Lien Notes

CALGARY, Alberta, Nov. 14, 2025 (GLOBE NEWSWIRE) --  Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) is pleased to announce that it is commencing a rights offering (the "Rights Offering") to the holders of common shares of the Company (the "Common Shares") to raise aggregate gross proceeds of C$35,000,000. The Rights Offering is fully backstopped by certain existing directors and shareholders of the Company, as further described below.

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