RBY are pleased to announced that they have drawn down further on their credit facility and have issued another 14.8 M shares at $0.007. This brings the total shares on issue to 3/4 of a billion. The initial agreement was that the minumum issue price was 1.5c but that has now halved. This company is now looking very sick and for all the promises I wouldn't assume a profit or high sales for the next qtr until the results are actually in print in the next qtrly report.
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FRONTIER ENERGY LIMITED
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