FRONTERA RESOURCES CORPORATION
Houston, Texas, U.S.A. – 17 February 2012
Director Purchases Shares
Frontera Resources Corporation (London Stock Exchange, AIM Market – Symbol: FRR), an independent oil and gas exploration and production company, was notified on February 16, 2012, by Steve C. Nicandros, Chairman and CEO, of the purchase of 1,230,000 ordinary shares in the Company (“Ordinary Shares”). Following this share purchase, Mr. Nicandros holds a total of 159,493,473 Ordinary Shares, representing 7.42 percent of the Company’s issued share capital. The share purchase occurred at the available market price as set forth below.
|
Director
|
Date |
Purchase Price |
No. of Shares |
|
Steve C. Nicandros, Chairman and CEO |
February 14, 2012 |
1.07 pence
|
1,230,000 |
Enquiries:
Frontera Resources Corporation
Liz Williamson
Vice President, Investor Relations and Corporate Communications
Office: (713) 585-3216
Email: lwilliamson@fronteraresources.com
Nominated Adviser:
Strand Hanson Limited
James Harris / Andrew Emmott / Paul Cocker / Liam Buswell
+44 (0)20 7409 3494
Brokers:
finnCap Limited
Sarah Wharry
+44 (0) 20 7220 0500
Old Park Lane Capital Plc
Michael Parnes / Luca Tenuta
+44 (0)20 7493 8188
Cornhill Capital Limited
Nick Bealer/Stefan Olivier
+44 (0) 207 710 9610
Financial PR:
Buchanan
Tim Thompson / Ben Romney
+44 (0)20 7466 5000
timt@buchanan.uk.com
Notes to Editors:
About Frontera Resources Corporation
Frontera Resources Corporation is an independent Houston, Texas, U.S.A.-based international oil and gas exploration and production company whose strategy is to identify opportunities and operate in emerging markets around the world. Frontera Resources Corporation shares are traded on the London Stock Exchange, AIM Market – Symbol: FRR. For more information, please visit www.fronteraresources.com