Frontera Energy (FECCF) announces the launch, as of the date hereof, of its previously announced substantial issuer bid pursuant to which the Company offers to purchase from holders of common shares of the Company up to 7,583,333 Shares for cancellation at a purchase price of C$12.00 per Share, for an aggregate purchase price not exceeding C$91,000,000. The Offer commences and will expire at 5:00 p.m.on July 10, 2025, unless extended, varied or withdrawn by the Company. Pursuant to the Offer, tendering Shareholders may elect to tender a specified number of Shares.
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