FRONTIER MINING LTD

("Frontier" or "the Company")

Issue of Equity

Frontier Mining (AIM:FML), the AIM listed Copper production, exploration and development  company focused on Kazakhstan, announces that it has today issued 15,843,295 new ordinary shares of a nominal value of US$0.01 each in Frontier ("Ordinary Shares") as incentive payments to senior management in Frontier.

Application has been made for the 15,843,295 new Ordinary Shares to be admitted to trading on AIM.  Admission is expected to occur at 8.00 a.m. on 26 September 2014.  The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue.  Following the issue of the new Ordinary Shares as outlined above, there will be 1,876,757,268 Ordinary Shares in issue.  This number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.

As a consequence, the following Ordinary Shares have been issued to the Directors of Frontier:

Director

Number of Ordinary Shares

Resultant interest in Ordinary Shares

Resultant percentage interest in enlarged share capital

Yerlan Aliyev (1)

1,124,742

259,808,409

13.84%

Randy Eppler

1,124,742

2,624,742

0.14%

Boyd Bishop

1,124,742

1,912,302

0.10%

Yerbulat Tastanov

674,283

674,283

0.04%

(1) includes Mr Aliyev's 33% ownership of Coville Intercorp Ltd, which holds 771,215,000 Ordinary Shares in the Company.

-ENDS-

Frontier Mining Ltd


Yerlan Minavar

Tel:  +44 20 7898 9019



Nomad


Cairn Financial Advisers LLP


Sandy Jamieson

Tel:  +44 20 7148 7900



Broker


RFC Ambrian


John Harrison

Stefan Murphy

Tel:  +44 20 3440 6800



Walbrook PR and IR


Paul Cornelius

Tel: +44 20 7933 8780

Guy McDougall



This information is provided by RNS
The company news service from the London Stock Exchange
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