Invecture Group, S.A. de C.V.

Invecture Group, S.A. de C.V.

February 20, 2009 19:26 ET

Invecture Offer for Shares of Frontera Copper Corporation Remains Open

MEXICO CITY, MEXICO--(Marketwire - Feb. 20, 2009) - Invecture Group, S.A. de C.V. ("Invecture") confirms that its offer to acquire (the "Offer") all of the outstanding shares of Frontera Copper Corporation ("Frontera")(TSX:FCC), made through its wholly owned subsidiary 0839073 B.C. Ltd. pursuant to a take-over bid circular dated December 3, 2008 (the "Circular") as amended by a Notice and Variation dated February 6, 2009 (the "Variation Notice"), remains open for the deposit and tender of shares of Frontera, and will remain open, unless further extended, until 4:30 p.m. PST on March 4, 2009. Invecture understands some deposits and tenders made after 4:30 p.m. PST on February 17, 2009 were inadvertently rejected by CDS, and confirms deposits and tenders will now be accepted.

On February 18, 2009 Invecture took up 31,061,723 common shares of Frontera and now holds a total of 43,964,723 common shares of Frontera, equal to 68.1% of the outstanding shares.

The Circular and Notice contain important information that securityholders are urged to read in their entirety before making any decision with respect to the Offer. Copies of the Circular and Notice can be downloaded from www.SEDAR.com, the Canadian securities regulatory filings website, under Frontera Copper Corporation.

M. John Detmold, Chief Executive Officer

Invecture Group, S.A. de C.V.

Notice to Shareholders in the United States: The Offer is being made for the securities of a Canadian issuer and the Offer is subject to Canadian disclosure requirements. Shareholders should be aware that such disclosure requirements are different from those of the United States.Shareholders should be aware that the disposition of Frontera common shares pursuant to the Offer may have tax consequences both in the United States and Canada. Shareholders in the United States are urged to consult their own tax advisors for advice regarding the income tax consequences of the Offer to them.

No regulatory authority has reviewed this announcement. This press release is not an offer to purchase any securities.

Contact Information

  • Invecture Group, S.A. de C.V.
    M. John Detmold
    Chief Executive Officer
    +52-55-5520-6003