Issue of Equity

For immediate release

8 April 2016

Frontier Resources International Plc

("Frontier" or the "Company")

Issue of equity

The Board of Frontier (AIM Ticker: FRI) announces that the Company has today issued 47,857,593 new Ordinary Shares following receipt on before 7 April 2016 of valid exercise notices from holders of 47,857,593 warrants which were issued in February 2016 ("Warrants"). The exercise price is 0.03p per new Ordinary Share and the gross proceeds of exercise amounted in aggregate to £14,357, which provides additional working capital for the Company.

The new Ordinary Shares will, on issue, rank pari passu with the existing Ordinary Shares in issue and application will be made for the new Ordinary Shares to be admitted to trading on AIM. Admission and trading in the new Ordinary Shares on AIM is expected to commence on or around 15 April 2016.

The next exercise date is 7 July 2016.

Total voting rights

Following the issue of the new Ordinary Shares, the Company's issued share capital consists of 5,159,856,649 Ordinary Shares, with voting rights. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Enquiries:

A copy of this announcement is available from the Company's website www.friplc.com

ENDS