Frontera Energy Amends Share Buyback to Ensure Equal Treatment for All Shareholders

Frontera Energy Corporation (TSX: FEC) has announced an amendment to its substantial issuer bid, removing the preferential treatment for “odd lot” tenders from shareholders holding fewer than 100 shares. The adjustment ensures all shareholders are treated equally, regardless of the number of shares held. No additional changes have been made to the terms or timing of the offer, which remains open until October 17, 2024.

The amendment affects shareholders who previously submitted odd lot tenders, requiring them to resubmit using updated forms.

Further details can be found in the Issuer Bid Circular. For assistance with the offer, shareholders can contact Computershare Investor Services Inc. Frontera is a Canadian oil and gas company with operations across South America, including 22 exploration and production blocks in Colombia, Ecuador, and Guyana. For more information, visit Frontera Energy.

Abuve image:LNG Floating Storage Unit from CNW Group/Pacific Rubiales Energy Corp. – predecessor entity to Frontera Energy