Frontier Resources International Completion of disposals (0530T)
March 23 2016 - 7:01AM
UK Regulatory
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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