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Frontera Energy Corporation

10:06 AM EST - Frontera Energy Corporation : Announced that the Toronto Stock Exchange has accepted its notice to initiate a normal course issuer bid for its common shares. Pursuant to the NCIB, Frontera may purchase up to 5,197,612 Common Shares during the 12-month period commencing March 17, 2021 and ending March 16, 2022 , representing approximately 10% of the Company's "public float" (as calculated in accordance with the TSX rules) as at March 11, 2021 . As at March 11, 2021 , there were 97,466,224 Common shares issued and outstanding of which 51,976,116 constitute the "public float", calculated in accordance with the rules of the TSX. There are no persons acting jointly or in concert with the Company in respect of the NCIB. Frontera Energy Corporation shares T.FEC are trading down $0.10 at $6.33.