(PINKSHEETS: FRTE), an independent oil and gas exploration and production
company, today announced a clarification on the correct stock symbols and
correct CUSIP and ISIN numbers for Frontera's common stock, par value
$0.0004 per share. The correct information is as follows:
U.S. OTC Symbol: FRTE
AIM Symbol: FRR
Correct Stock Symbols. Certain securities markets and securities news
outlets have been using incorrect symbols for Frontera's common stock. In
particular, Frontera's U.S. stock symbol has incorrectly been reported as
FRTA. FINRA has advised Frontera that the correct U.S. symbol for
Frontera's common stock is FRTE.
Correct CUSIP and ISIN Numbers. Certain securities markets and securities
news outlets also have been using incorrect CUSIP and ISIN numbers for
Frontera's common stock. The correct numbers are set forth above. The
CUSIP and ISIN numbers formerly associated with the symbol FRTA now are
associated with the symbol FRTE.
Frontera conducted its initial public offering on the London Stock
Exchange's AIM market. Those shares were issued under Regulation S
promulgated under the U.S. Securities Act of 1933, and as a result, the
stock certificates representing those shares included a legend regarding
restrictions on the transfer of those shares. The CUSIP Service Bureau
assigned those restricted shares of common stock a CUSIP and ISIN number.
After the Regulation S holding period expired, the restricted Regulation S
shares of common stock became freely tradable shares of common stock, and
the CUSIP Service Bureau assigned the CUSIP number and ISIN number for
Frontera's common stock set forth above. These are the only CUSIP and ISIN
numbers currently applicable to Frontera's common stock.
Frontera is communicating with the securities markets and securities news
services to correct the inaccurate reporting of its stock symbol and CUSIP
and ISIN numbers, and regrets any inconvenience.
Note to editors:
1. Frontera Resources Corporation is an independent Houston, Texas,
U.S.A.-based international oil and gas exploration and production company
whose strategy is to identify opportunities and operate in emerging markets
around the world. Frontera has operated in Georgia since 1997 where it
holds a 100 percent working interest in a production sharing agreement with
the government of Georgia. This gives Frontera the exclusive right to
explore for, develop and produce oil and gas from a 5,060 square kilometer
area in eastern Georgia known as Block 12. For more information, please