Frontera May Purchase up to 3,949,454 Common Shares
Representing Approximately 10% of the Company’s Public Float
CALGARY, AB, Nov. 16, 2023 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces that the Toronto Stock Exchange (the “TSX“) has accepted its notice to initiate a normal course issuer bid (the “NCIB“) for its common shares (the “Common Shares“).
Pursuant to the NCIB, Frontera may purchase up to 3,949,454 Common Shares during the 12-month period commencing November 21, 2023, and ending November 20, 2024, representing approximately 10% of the Company’s “public float” (as calculated in accordance … Continue Reading