VANCOUVER, Oct. 31 /CNW/ - Ross J. Beaty, of 1500 - 625 Howe Street,
Vancouver, British Columbia, V6C 2T6, today announced pursuant to National
Instrument 62-103 that on October 31, 2008 he acquired ownership and control
of 4,600,000 common shares of Frontera Copper Corporation ("Frontera") through
the facilities of the Toronto Stock Exchange, for aggregate consideration of
CDN$1,518,000 or CDN$0.33 per common share. The common shares purchased by
Mr. Beaty on October 31, 2008 represent approximately 7.1% of the 64,517,890
issued and outstanding common shares of Frontera.
As a result of today's acquisition, Mr. Beaty now exercises ownership and
control over a total of 9,887,500 common shares of Frontera, which represents
approximately 15.3% of the 64,517,890 issued and outstanding common shares of
Mr. Beaty's acquisition was made for investment purposes. Mr. Beaty may,
in the future, acquire ownership and control over additional securities of
Frontera for investment purposes.
Mr. Beaty is not currently a party to any agreement in respect of the
acquisition, holding, disposition or voting of any securities of Frontera.
Mr. Beaty does not own or control any securities of Frontera with, nor is
Mr. Beaty a joint actor with, another entity.
For further information:
For further information: or to obtain a copy of the subject early
warning report, please contact: Ross J. Beaty, 1500 - 625 Howe Street,
Vancouver, British Columbia, V6C 2T6, Telephone: (604) 684-1175, Facsimile: