Frontera Added To The MSCI Canada Small Cap
Index
CALGARY,
AB, June 1, 2022 /PRNewswire/ - Frontera
Energy Corporation (TSX: FEC) ("Frontera" or the
"Company") announced today that it has been added to the
S&P/TSX SmallCap Index and the MSCI Global Small Cap Indexes
under the MSCI Canada Small Cap Index. Inclusion in these indexes
can potentially broaden participation in a company's investor base
by enabling investment from index funds and similar investment
vehicles.
The S&P/TSX SmallCap Index is an investable index for the
Canadian small cap market that includes common stock and income
trusts. The index includes 230 constituents with a mean market cap
of CAD $634 million. The index is
float adjusted, market cap weighted and was developed with industry
input as a benchmark for small cap exposure to the Canadian equity
market.
On May 31, 2022, after markets
closed, Frontera was added to the MSCI Canada Small Cap Index. The
MSCI Canada Small Cap Index is designed to measure the performance
of the small cap segment of the Canada market. With 215 constituents, the MSCI
Canada Small Cap Index covers approximately 14% of the free
float-adjusted market capitalization in Canada. The average market cap of MSCI Canada
Small Cap Index listed companies is CAD $1.8
billion and approximately 21% of the index is composed of
companies from the energy space.
About Frontera
Frontera Energy Corporation is a Canadian public company
involved in the exploration, development, production,
transportation, storage and sale of oil and natural gas in
South America, including related
investments in both upstream and midstream facilities. The Company
has a diversified portfolio of assets with interests in 34
exploration and production blocks in Colombia, Ecuador and Guyana, and pipeline and port facilities in
Colombia. Frontera is committed to
conducting business safely and in a socially, environmentally and
ethically responsible manner.
If you would like to receive News Releases via email as soon as
they are published, please subscribe here:
http://fronteraenergy.mediaroom.com/subscribe.
Corporate Presentation
See Frontera Energy's corporate presentation at:
https://www.fronteraenergy.ca/reports-presentations/
Social Media
Follow Frontera Energy social media channels at the following
links:
Twitter: https://twitter.com/fronteraenergy?lang=en
Facebook: https://es-la.facebook.com/FronteraEnergy/
LinkedIn: https://co.linkedin.com/company/frontera-energy-corp
Advisories
Cautionary Note Concerning
Forward-Looking Statements:
This press release contains forward-looking information
within the meaning of Canadian securities laws. Forward-looking
information relates to activities, events or developments
that Frontera believes, expects or anticipates will or may
occur in the future. Forward-looking information in this
presentation includes, without limitation, the potential broadening
of the Company's investor base. All information other than
historical fact is forward-looking information.
Forward-looking information reflects the current
expectations, assumptions and beliefs of Frontera based on
information currently available to it and considers the experience
of Frontera and its perception of historical trends. Although
Frontera believes that the assumptions inherent in the
forward-looking information are reasonable, forward-looking
information is not a guarantee of future performance and
accordingly undue reliance should not be placed on such
information. Forward-looking information is subject to a number of
risks and uncertainties, including that the Company's shares could
be removed from an index. Some of these risks and uncertainties are
similar to those that other oil and gas companies face and some
that are unique to Frontera. The actual results of Frontera may
differ materially from those expressed or implied by the
forward-looking information, and even if such actual results are
realized or substantially realized, there can be no assurance that
they will have the expected consequences to, or effects on,
Frontera. The annual information form of Frontera for the year
ended December 31, 2021, and
Frontera's management's discussion and analysis for the year ended
December 31, 2021, and quarter ended
March 31, 2022, and other documents
Frontera files from time to time with securities regulatory
authorities describe the risks, uncertainties, material assumptions
and other factors that could influence actual results and such
factors are incorporated herein by reference. Copies of these
documents are available without charge by referring to Frontera's
profile on SEDAR at www.sedar.com. All forward-looking information
speaks only as of the date on which it is made and, except as may
be required by applicable securities laws, Frontera disclaims any
intent or obligation to update any forward-looking information,
whether as a result of new information, future events or results or
otherwise.
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SOURCE Frontera Energy Corporation