FRONTIER MINING LTD. (Cayman Islands) announces issuing 15.8 mln ordinary shares

01.10.14 17:42
/KASE, October 1, 14/ – FRONTIER MINING LTD. (Cayman Islands) whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following information statement: quote Frontier Mining (AIM:FML), the AIM listed Copper production, exploration and development company focused on Kazakhstan, announces that it has today issued 15,843,295 new ordinary shares of a nominal value of US$0.01 each in Frontier ("Ordinary Shares") as incentive payments to senior management in Frontier. Application has been made for the 15,843,295 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to occur at 8.00 a.m. on 26 September 2014. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue. Following the issue of the new Ordinary Shares as outlined above, there will be 1,876,757,268 Ordinary Shares in issue. This number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company. unquote The said message is available on KASE website in Russian at http://www.kase.kz/files/emitters/KY_FRNT/ky_frnt_reliz_230914.pdf [2014-10-01]