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Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announced today that it will amend its previously announced substantial issuer bid (the "Offer") to remove the preferential acceptance of "odd lot" tenders, which are tenders from holders ("Shareholders") of common shares of the Company (the "Shares") who beneficially own fewer than 100 Shares. There will be no additional changes to the terms or timing of the Offer.
Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces that its board of directors (the "Board") has approved the commencement of a substantial issuer bid (the "Offer") pursuant to which the Company will offer to purchase from holders ("Shareholders") of common shares of the Company (the "Shares") up to 3,375,000 Shares for cancellation at a purchase price of CAD$12.00 per Share (the "Purchase Price"), for an aggregate purchase price not exceeding CAD$40,500,000 (equivale