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Stocks in play: Frontera Energy Corporation

Baystreet - Fri Oct 18, 9:16AM CDT

Announces the preliminary results of its substantial issuer bid pursuant to which the Company offered to purchase from shareholders for cancellation up to CAD$40.5 million (equivalent to US$30 million) of its outstanding common shares at a purchase price of CAD$12.00 per Share. The Offer, as amended by the notice of variation dated September 27, expired at 5:00 p.m. (Eastern time) on October 17. Frontera Energy Corporation shares T.FEC are trading down $0.06 at $8.39.