CALGARY, Jan. 21, 2013 /CNW/ - Frontier Acquisition Corp. (TSXV: FFF.P) (the "Corporation" or "Frontier") announced today that a special meeting of the shareholders of the
Corporation (the "Meeting") has been scheduled for February 15, 2013. A notice of meeting and
supporting documents, including an information circular (the "Circular") and instrument of proxy, have been mailed to the shareholders of the
Corporation and filed with applicable securities regulatory authorities
in Canada. Those materials are available on the SEDAR website, under
the Corporation's profile. The items of business noted in the notice of
the Meeting are as follows:
to consider and vote on a special resolution approving a consolidation
of the common shares of the Corporation; and
to consider and vote on a special resolution approving a change of the
name of the Corporation to Northern Frontier Corp.
The Corporation's directors believe that the share consolidation should
have the effect of increasing demand for its equity in connection with
a Qualifying Transaction (as defined in Policy 2.4 of the TSX Venture
Exchange). The share consolidation will be on the basis of fifteen (15)
pre-consolidation shares for one (1) post-consolidation share, with no
fractional shares to be issued. The Corporation currently has
13,778,001 common shares issued and outstanding. After the
consolidation, there will be approximately 918,533 common shares issued
The proposed share consolidation and name change are subject to the
acceptance of the TSX Venture Exchange. If approved by shareholders, it
is expected that the share consolidation and name change will be
implemented after the Meeting.
For more information on the Corporation, investors should review the
Corporation's continuous disclosure filings that are available at
www.sedar.com and the Corporation's website at www.frontieracquisition.com
On behalf of the Board of Directors of Frontier Acquisition Corp.
(signed) "Bradford N. Creswell"
Neither TSX Venture Exchange nor its Regulation Service Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This news release includes certain statements that constitute
forward-looking statements under applicable securities legislation. All
statements other than statements of historical fact are forward-looking
Any forward-looking statements are only predictions and are based on
current expectations, estimates, projections and assumptions, which the
Corporation believes are reasonable but which may prove to be incorrect
and therefore such forward-looking statements should not be unduly
SOURCE: Frontier Acquisition Corp.
For further information:
on Frontier Acquisition Corp., please contact:
Frontier Acquisition Corp.
Bradford N. Creswell - President and Director
Phone: (206) 689-5685
Fax: (206) 204-1710