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IMPORTANT UPDATE – Canadian Tender Offer: Frontera Energy Corporation (FEC)

News 6 Comments

Frontera have announced that they will be removing the preferential acceptance of odd lot tenders from the filed terms of the offer originally published here. There will no longer be any additional benefit to odd lot holders participating in the offer.

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  • xerty
    · Reply

    September 27, 2024 at 2:00 AM

    This is why you don’t post publicly about these opportunities

    • tim
      · Reply

      March 6, 2025 at 1:12 PM

      Yep

  • Luis M
    · Reply

    September 27, 2024 at 7:33 AM

    I dont recall any similar situation. Doesn’t smell well.

  • Ben
    · Reply

    October 1, 2024 at 3:04 PM

    Agree with you Luis, don’t remember a company changing the rules after the race has already started. I suspect they have shot themselves in the foot here.

  • fer
    · Reply

    October 1, 2024 at 5:26 PM

    i own 99 shares so far, what about if i order 1 more to own 100 (round lot)?

    • Admin
      · Reply

      Author
      October 2, 2024 at 7:46 PM

      You will now get prorated either way, so it would not make much difference.

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