Frontier completes share placement

Frontier Energy Limited (ASX: FHE; OTCQB: FRHYF) (Frontier or the Company) is pleased to announce that it has received binding commitments from professional and sophisticated investors to raise $11.5 million under a placement of 46 million new fully paid ordinary shares (New Shares) at a price of $0.25 per New Share (Placement). HIGHLIGHTS • Firm commitments to raise $11.5 million (before costs) u