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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 |
TIDMFRI
RNS Number : 0530T
Frontier Resources International
23 March 2016
For immediate release
23 March 2016
Frontier Resources International Plc
("Frontier" or the "Company")
Completion of disposals
The Board of Frontier (AIM Ticker: FRI) announces that it has completed today the disposals of Frontier Oman Resources Limited and Frontier Resources International Inc. The Company has become therefore an AIM Rule 15 cash shell, pursuant to which it must make an acquisition or acquisitions which constitute a reverse takeover under AIM Rule 14 (including seeking re-admission as an Investing Company (as defined under the AIM Rules)) within six months, failing which the Exchange will suspend trading in the Ordinary Shares pursuant to AIM Rule 40.
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
DISUORURNAAOUAR
(END) Dow Jones Newswires
March 23, 2016 08:01 ET (12:01 GMT)
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