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| | Fri Jan 15, 2010
Frontera Copper Receives Series 1 Notes Default Notice
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| | January 15, 2010, Mexico City, Frontera Copper Corporation ("Frontera" or the "Company") (TSX: FCC.NT) (TSX: FCC.NT.A) today announced that it received yesterday a formal default notice from CIBC Mellon Trust Company, the Trustee under the Indenture governing the Series 1 Senior Notes. The notice was received as a consequence of the Company's failure to make the December 15, 2009 interest payment on those Notes.
The Company anticipates announcing its proposed restructuring of the Series 1 and Series 2 Notes along with other information on January 18, 2010.
Cautionary Statement on Forward Looking Information
Information in this news release that is not current or historical factual information may constitute forward-looking information or statements within the meaning of applicable securities laws. Such forward looking statements are based on assumption that the Company's management believes to be reasonable based on available information but forward looking statement are inherently uncertain and need to be read accordingly.
For further information, please contact Mark Distler, CFO at (480) 477-6789.
(signed) Steve Vanry
Chief Executive Officer
FRONTERA COPPER CORPORATION
14350 N. Frank Lloyd Wright Blvd, Suite 9
Scottsdale, AZ 85260 USA |
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| | You can view the Next News Releases item: Tue Jan 19, 2010, Frontera Copper Announces Proposed Note Exchange Offer
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