Frontera Resources Regulatory News (FRR)

31 Jan 2008 07:01

Frontera Resources Corporation31 January 2008 Houston, Texas U.S.A. January 31, 2008 Frontera Resources - Note Conversion Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR;Over-the-Counter Market, U.S.A. - Symbol: FRTE), an independent oil and gasexploration and production company, today announced that pursuant to the termsof its 10% Convertible Notes due 2012 issued in a private placement in May 2007,a noteholder has converted a portion of its holdings in the Notes to shares ofCommon Stock. Accordingly, Frontera has made an application for the admissionof 65,906 new shares of Common Stock to trading on AIM. Following this issue, the enlarged issued share capital of the Company is70,529,314 shares of Common Stock. The new shares, which are expected to beadmitted to trading on February 1, 2008, will rank pari passu with the existingshares. Enquiries: Frontera Resources CorporationLiz WilliamsonVice President Investor Relations and Corporate CommunicationsHouston, Texas U.S.A.Office: +1 (713) 585-3216Email: lwilliamson@fronteraresources.com Brunswick Group LLPPatrick Handley / Mark AntelmeLondon: +44 207 4045959 This information is provided by RNS The company news service from the London Stock Exchange