CALGARY, AB, Oct. 22, 2024 /CNW/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces that the Company has taken up and paid for 3,375,000 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 $40.5 million (equivalent to US$30 million) of Shares (the "Offer"). All dollar amounts are in Canadian dollars unless otherwise specified.
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