Frontera Announces Completion of Substantial Issuer Bid

  • CALGARY, AB , July 15, 2025 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces that the Company has taken up and paid for 7,583,333 of its outstanding common shares (the "Shares") at a price of $12.00 per Share (the "Purchase Price") under its substantial issuer bid pursuant to which the Company offered to purchase from shareholders for cancellation up to $91 million (equivalent to approximately US$65 million) of Shares (the "Offer"). All dollar amounts are in Canadian dollars unless otherwise specified.