Exercise of Warrants

15 May 2006 07:02

Frontera Resources Corporation15 May 2006 15 May 2006 Frontera Resources Corporation Exercise of Warrants The Company was notified on May 14, 2006 of the exercise of warrants over theCompany's Common Shares by Stephen E. McGregor, Director, as listed below. Theexercise took place on May 14, 2006. Executive Officer/Director Warrant Exercise Price No. Common Shares Resulting From Exercise of Warrants Stephen E. McGregor, Director $1.00 50,000 Application has been made for 1,716,667 new Common Shares to be admitted totrading on AIM and admission is expected to occur on May 18, 2006. These newCommon Shares are being admitted to AIM to cover the exercise of warrants,including the warrants described above. Issued by Citigate Dewe Rogerson (020 7638 9571) This information is provided by RNS The company news service from the London Stock Exchange