Frontier Resources now just a cash shell

Frontier Resources became an AIM Rule 15 cash shell on Wednesday, having completed the disposal of Frontier Oman Resources and Frontier Resources International.

FTSE AIM All-Share

728.67

15:45 15/11/24

n/a

MyHealthchecked

12.50p

16:55 14/11/24

0.00%

0.00p

Oil & Gas Producers

8,043.72

15:45 15/11/24

1.32%

105.17

The AIM-traded firm must now make an acquisition or acquisitions which constitute a reverse takeover under AIM Rule 14, including seeking re-admission as an investing company, within six months.

Failing that, the exchange would suspend trading in Frontier’s shares.