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Director Purchases Shares

14th Nov 2012 07:00

RNS Number : 0480R
Frontera Resources Corporation
14 November 2012
 



 

FRONTERA RESOURCES CORPORATION

 

Houston, Texas, U.S.A. - 14 November 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 November 13, 2012, by Steve C. Nicandros, Director and Chief Executive Officer, of the purchase of 12,752,857 ordinary shares in the Company ("Ordinary Shares"). Following this share purchase, Mr. Nicandros holds a total of 189,485,113 Ordinary Shares, representing 8.24 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

November 9, 2012

0.49 pence

4,250,000

Steve C. Nicandros

November 12, 2012

0.50 pence

6,252,857

Steve C. Nicandros

November 12, 2012

0.49 pence

2,250,000

 

 

Enquiries:

 

Frontera Resources CorporationLiz WilliamsonVice President, Investor Relations and Corporate Communications(713) 585-3216[email protected]

 

Nominated Adviser and Joint Broker:

 

finnCap Limited

Matt Goode/Christopher Raggett

+44 (0) 20 7220 0500

 

Co-Broker:

 

Cornhill Capital LimitedNick Bealer / Stefan Olivier+44 (0)20 7710 9610

 

Financial PR:

 

BuchananTim Thompson / Helen Chan/Tom Hufton+44 (0)20 7466 5000[email protected]

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Frontera Resources
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