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Frontera Gives Formal Notice of Debt Ratings to Note Holders

marketwire
Press Release Source: Frontera Copper Corporation and Invecture Group, S.A. de C.V. On Tuesday March 10, 2009, 9:56 pm EDT

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Mar 10, 2009 -- Bryan Nethery, CEO of Frontera Copper Corporation (the "Corporation") (Toronto:FCC.TO - News)(Toronto:FCC-NT.TO - News)(Toronto:FCC-NTA.TO - News) today announced that the Frontera Board of Directors had received debt ratings from HR Ratings, a recognized debt rating agency, which confirm that the debt rating of 0839073 B.C. Ltd., both before and after the acquisition of a controlling interest in the Corporation, are not less than the Corporation's debt rating and accordingly the Corporation will not be repurchasing the Notes as a consequence of the change of control. Copies of the debt ratings have been made available on SEDAR at www.sedar.com. Notice of the debt ratings has been given to the Note trustee in accordance with the terms of the Indentures governing the Series 1 and Series 2 Notes, due June 15, 2010 and March 15, 2011, respectively, and will be published in the Globe and Mail newspaper tomorrow.

Bryan Nethery, Chief Executive Officer

Frontera Copper Corporation



No regulatory authority has reviewed this announcement. This press release is not an offer to purchase any securities.

Contact:

     Contacts:
     Frontera Copper Corporation
     Bryan Nethery
     Chief Executive Officer
     1-888-323-0973
     Email: info@fronteracopper.com
      

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