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Frontera Energy Corp T.FEC

Alternate Symbol(s):  FECCF

Frontera Energy Corporation is a Canada-based oil and gas company. The Company is involved in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 27 exploration and production blocks in Colombia, Ecuador, and Guyana, and pipeline and port facilities in Colombia. The Company’s segments include Colombia, Ecuador, Guyana, Midstream Colombia, and Canada & Others. Colombia includes all upstream business activities of exploration and production in Colombia. Ecuador includes all upstream business activities of exploration and production in Ecuador. Guyana includes exploration and infrastructure. Midstream Colombia includes the Company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.


TSX:FEC - Post by User

Post by kcac1on Apr 27, 2024 11:35am
135 Views
Post# 36010945

The 2 Vulture Capitalist now control 54% of the Company

The 2 Vulture Capitalist now control 54% of the Company

VOTING SHARES AND PRINCIPAL HOLDERS THEREOF

As of April 4, 2024, the Corporation has 84,663,116 issued and outstanding Common Shares, each carrying one vote.

Only Shareholders of record at the close of business on the Record Date, who either virtually attend the Meeting or who have properly completed and delivered a Proxy Form or VIF in the manner and subject to the provisions described above, will be entitled to vote or to have their Common Shares voted at the Meeting.

To the knowledge of the Corporation, there is no person or company who beneficially owns, or controls or directs, directly or indirectly, voting securities carrying 10% or more of the voting rights attached to any class of voting securities in the capital of the Corporation, other than:
  •  The Catalyst Capital Group Inc.       34,775,609 shares     41%
  • Gramercy Funds Management LLC  11,300,032  shares    13%
(1) Catalyst and the Gramercy on the System for Electronic Disclosure by Insiders (SEDI) at www.sedi.ca, as at April 4, 2024.
(2) The Chair of the Board, Gabriel de Alba, is the managing partner and director of Catalyst
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