Bullboard - Stock Discussion Forum Frontera Energy Corp T.FEC

Alternate Symbol(s): FECCF

Energy Oil & Gas E&P

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... see more

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Frontera Energy Corp > New Press Release - Frontera Announces Another CAD$42 Million (US$30 million) Substantial Issuer Bid

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Post by PressRelease on Dec 16, 2024 7:18am

New Press Release - Frontera Announces Another CAD$42 Million (US$30 million) Substantial Issuer Bid

Offer Results in a CAD$0.52 Per Share Distribution or 6.7% Yield (to Frontera's Share Price Prior to the Offer's Announcement) Assuming Full and Pro-Rata Shareholder ParticipationOver US$83 Million Returned to Shareholders in 2024, Including Successful Completion of the OfferAdditional Dividends,...read article.

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Comment by Nergy on Dec 16, 2024 12:34pm

Will be interesting to see if Catalyst and Gramercy participates this time. I guess they are well aware that the company is worth a lot more then 12CAD/share. Time will tell.

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Frontera Energy Corp