January 29, 2013 09:30 ET
29 January 2013
Frontier Resources International Plc
("Frontier" or the "Company")
Issue of Equity
On 7 January 2013, Frontier Resources International Plc, the ISDX Growth Market (Ticker: FRGP)
international oil and gas exploration company with assets in Oman, Namibia and Zambia, announced that the
Company had raised GBP140,000 through the issue of 1,750,000 new ordinary shares at 8p per share and that a
further GBP110,000 had been raised through the placing of 1,375,000 new ordinary shares at 8p per share for
settlement by 31 January 2013.
The Directors are pleased to announce that, due to increased demand, a further 151,300 new ordinary shares
have been issued by the Company, such that a total of 1,526,300 new ordinary shares have now been issued
in the second tranche of the fundraising, raising a total of GBP122,104.
The proceeds of the fundraising will provide working capital for the Company while it continues to assess
its immediate Work Programme priorities.
Following this issue of ordinary shares, the Directors of Frontier are still interested in a total of
30,462,937 ordinary shares which represents 38.68% of the enlarged issued share capital of 78,746,735
The Directors of Frontier are responsible for the contents of this announcement.
Frontier Resources International Plc.
Jack Keyes, CEO
Telephone: +1 (281) 920-0061
Ric Piper, Chairman
Telephone: +44 7966 381974
ISDX Corporate Adviser
Peterhouse Corporate Finance Limited
Duncan Vasey and Mark Anwyl
Telephone:+44 (0) 20 7220 9796
Frontier Resources International plc
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