LONDON (Alliance News) - Frontera Resources Corp on Monday said it knows of no reason for the sharp rise in its share price.
Shares in the firm were up 24% to 0.10 pence on Monday afternoon, one of the best performers in the AIM All-Share.
Frontera noted the movement and said it knows of no reason for the share price rise. It added there is no change to the expected delivery date for the additional pumping equipment needed to progress its well stimulation programme at the South Kakheti gas project in Georgia.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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