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3 Jul 2012 14:26
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FRONTERA RESOURCES CORPORATION
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Houston, Texas, U.S.A. - 3 July 2012
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DIRECTOR PURCHASES SHARES
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Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR), an independent oil and gas exploration and production company, was notified on July 3, 2012, by Stephen E. McGregor, Chief Financial Officer and Executive Director, of the purchase of 500,000 ordinary shares in the Company ("Ordinary Shares"). Following this share purchase, Mr. McGregor holds a total of 13,544,292 Ordinary Shares, representing 0.63 percent of the Company's issued share capital. The share purchase occurred at the available market price as set forth below.
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Β Director Β | Β Date | Β Purchase Price | Β No. of Shares |
Β Stephen E. McGregor, Chief Financial Officer and Executive Director Β | Β June 29, 2012 | Β 0.57 pence | Β 50,000 |
Β Stephen E. McGregor, Chief Financial Officer and Executive Director Β | Β July 2, 2012 | Β 0.55 pence | Β 450,000 |
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Enquiries:
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Frontera Resources CorporationLiz WilliamsonVice President, Investor Relations and Corporate Communications(713) 585-3216lwilliamson@fronteraresources.com
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Nominated Adviser and Joint Broker:
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finnCap Limited
Sarah Wharry
+44 (0) 20 7220 0500
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Co-Brokers:
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Old Park Lane Capital PlcMichael Parnes / Luca Tenutab+44 (0)20 7493 8188
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Cornhill Capital LimitedNick Bealer / Stefan Olivier+44 (0)20 7710 9610
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Financial PR:
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BuchananTim Thompson / Helen Chan+44 (0)20 7466 5000timt@buchanan.uk.com
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