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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