Brief: Frontier Says Co To Acquire Waroona Energy

Frontier Energy

04/09/2023 01:44

Sept 4 (Reuters) - Frontier Energy Ltd  FHE.AX :
    * FRONTIER ENERGY LTD-FRONTIER TO ACQUIRE WAROONA ENERGY
CREATING
A LARGE-SCALE AUSTRALIAN RENEWABLE ENERGY COMPANY
    * FRONTIER ENERGY LTD-FRONTIER SHAREHOLDERS WILL HOLD
APPROXIMATELY 69% OF MERGED GROUP AND WAROONA SHAREHOLDERS WILL
HOLD APPROXIMATELY 31%
    * FRONTIER ENERGY LTD - TRANSACTION AIMS TO CREATE A
LARGE-SCALE
AUSTRALIAN RENEWABLE ENERGY COMPANY
    * FRONTIER ENERGY LTD - MERGED GROUP WILL HAVE A STRONG
BALANCE
SHEET WITH A CASH POSITION OF A$22 MILLION

Source text for Eikon:  ID:nASX9g80pC 
Further company coverage:  FHE.AX 

 ((Reuters.Briefs@thomsonreuters.com;))