10 Nov 2010 14:03
FRONTERA RESOURCES CORPORATION
Houston, Texas, U.S.A. - 10 November 2010
DIRECTOR'S DEALINGS
Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR; OTC Market - Symbol: FRTE), an independent oil and gas exploration and production company ("Frontera" or the "Company"), was informed on 9 November 2010 that Stephen McGregor, one of the Company's Non-Executive Directors, disposed of, in aggregate, 75,000 shares of the Company's Common Stock, representing 0.06 per cent. of the Company's issued share capital, as follows:
Director | Date | Price per share of Common Stock | No. of shares of Common Stock |
Stephen McGregor | 5 November 2010 9 November 2010 | US$0.10 US$0.10 | 25,000 50,000 |
Total | 75,000 |
Following these transactions, Mr. McGregor is now interested in 1,271,959 shares of Common Stock representing 0.94 percent of the Company's issued share capital.
Enquiries:
Frontera Resources Corporation
Liz Williamson
Vice President, Investor Relations and Corporate Communications
(713) 585-3216
lwilliamson@fronteraresources.com
Nominated Adviser:
Strand Hanson Limited
James Harris / Paul Cocker / Liam Buswell
+44 (0)20 7409 3494
Broker:
Arbuthnot Securities Limited
Richard Johnson
+44 (0)20 7012 2000