Frontier Pacific Mining Corporation

Frontier Pacific Mining Corporation

January 23, 2008 19:02 ET

Frontier Pacific Mining Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2008) - Frontier Pacific Mining Corporation (the "Company") (TSX VENTURE:FRP) wishes to announce, pursuant to the Company's Stock Option Plan (the "Plan"), that a total of 2,850,000 incentive stock options have been granted to directors, officers and employees of the Company as defined by TSX Venture Exchange Policy 4.4. The options are exercisable for a maximum five year period at a price of $0.73 per share. The options will bear a four month hold period ending May 17, 2008, in accordance with the terms of the Plan.

On Behalf of the Board of Directors,


Peter F. Tegart, P. Geo., President & CEO

This news release may contain forward-looking statements that are based on Frontier Pacific expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

The TSX Venture Exchange (the "Exchange") has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release. The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.

Contact Information

  • Frontier Pacific Mining Corporation
    Peter F. Tegart, P. Geo.
    President & CEO
    (604) 717-6488
    Frontier Pacific Mining Corporation
    Suite 875 - 555 Burrard Street Box 205 - Bentall Two Centre
    Vancouver, B.C. Canada, V7X 1M8
    (604) 717-6488
    (604) 717-6427 (FAX)