Frontera Announces Preliminary Results of Substantial Issuer Bid [Yahoo! Finance]
COMPUTERSHARE LTD ADR (CMSQY)
NASDAQ:AMEX Investor Relations:
computershare.com/corporate
Company Research
Source: Yahoo! Finance
the " Company ") announces the preliminary results of its substantial issuer bid (the " Offer ") pursuant to which the Company offered to purchase from shareholders for cancellation up to CAD$40.5 million (equivalent to US$30 million ) of its outstanding common shares (the " Shares ") at a purchase price of CAD$12.00 per Share. The Offer, as amended by the notice of variation dated September 27, 2024 (the " Notice of Variation "), expired at 5:00 p.m. (Eastern time) on October 17, 2024 . All dollar amounts are in Canadian dollars unless otherwise specified. In accordance with the terms and conditions of the Offer and based on the preliminary calculation of Computershare Investor Services Inc., as depositary for the Offer (the " Depositary "), Frontera expects to take up and pay for 3,375,000 Shares (approximately 4.01% of the total number of Frontera's issued and outstanding Shares as of October 17, 2024 ) at a price of per Share (the " Purchase Price "), representing an aggregate P
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