Option Grant

15 Jun 2007 07:01

Frontera Resources Corporation15 June 2007 Frontera Resources Corporation 15 June 2007 Frontera Resources Corporation ("Frontera" or the "Company") Option Grant On May 31, 2007, the Company granted stock options to certain of the Company'sDirectors, as listed below. Director Amount Exercise Price Vesting Date Steve C. Nicandros 83,333 $2.87 November 30 2007President, Chief Executive Officer and 83,333 $2.87 November 30, 2008Chairman of the Board of Directors 83,334 $2.87 November 30, 2009 Lan Bentsen 100,000 $2.87 November 30, 2007Executive Vice President and Director Andrew Szescila 25,000 $2.87 November 30, 2007Director 25,000 $2.87 November 30, 2008 Luis Giusti 25,000 $2.87 November 30, 2007Director 25,000 $2.87 November 30, 2008 Spyros Karnessis 25,000 $2.87 November 30, 2007Director 25,000 $2.87 November 30 2008 Steve McGregor 100,000 $2.87 November 30, 2007Director This information is provided by RNS The company news service from the London Stock Exchange