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FairPoint Communications FRP

"FairPoint is the seventh- largest local telephone firm in the United States, following its acquisition of Verizon's northern New England assets. It operates in 18 states serving 1.4 million access lines, though nearly 90% of these are in Maine, New Hampshire, and Vermont. The firm was founded in 1991 and has its headquarters in Charlotte, N.C."


NDAQ:FRP - Post by User

Post by thasison Jun 07, 2007 1:41pm
223 Views
Post# 12908578

FRP Warrants Exercised

FRP Warrants ExercisedFrontier Pacific Mining Corporation (FRP - TSX Venture), ("Frontier Pacific") is pleased to announce that 15,899,484 warrants which expire today have been exercised at a price of $0.40 per warrant share, for total proceeds of $6.3 million. The warrants were held by two insiders and a major international mining company. Thats Dundee,Stu Blusson,and Newmont mining. IMO; If the share price continues as steady as it has with some news continued commodity strength and additional volume we should be on our way.
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