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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Frontier Res. | LSE:FRI | London | Ordinary Share | GB00B3K9ML24 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.045 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMFRI
RNS Number : 6697U
Frontier Resources International
08 April 2016
For immediate release
8 April 2016
Frontier Resources International Plc
("Frontier" or the "Company")
Issue of equity
The Board of Frontier (AIM Ticker: FRI) announces that the Company has today issued 47,857,593 new Ordinary Shares following receipt on before 7 April 2016 of valid exercise notices from holders of 47,857,593 warrants which were issued in February 2016 ("Warrants"). The exercise price is 0.03p per new Ordinary Share and the gross proceeds of exercise amounted in aggregate to GBP14,357, which provides additional working capital for the Company.
The new Ordinary Shares will, on issue, rank pari passu with the existing Ordinary Shares in issue and application will be made for the new Ordinary Shares to be admitted to trading on AIM. Admission and trading in the new Ordinary Shares on AIM is expected to commence on or around 15 April 2016.
The next exercise date is 7 July 2016.
Total voting rights
Following the issue of the new Ordinary Shares, the Company's issued share capital consists of 5,159,856,649 Ordinary Shares, with voting rights. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
Enquiries:
Frontier Resources International Plc Tel: +44 (0) 7785 Adam Reynolds, Chairman 908158 Beaumont Cornish (Nomad) Michael Cornish Tel: +44 (0)20 7628 Emily Staples 3396 Beaufort Securities Limited (Broker) Tel: +44 (0)20 7382 Jon Belliss 8300
A copy of this announcement is available from the Company's website www.friplc.com
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOESSAFFAFMSELL
(END) Dow Jones Newswires
April 08, 2016 07:49 ET (11:49 GMT)
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