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Appendix 4E

Frontier Energy Limited (‘FHE’) has released its Appendix 4E Report.

1. Results for announcement to the market

2. Dividend information

There were no dividends paid, recommended or declared during the current financial year or the previous financial year.

There is no dividend reinvestment plan.

3. Net tangible assets per ordinary share

4. Control gained or lost over entities

On 15 May 2023, Frontier assessed that it had lost control over Waroona Energy Inc (“WHE”) and deconsolidated its interest in WHE from the date this change occurred and as a result Frontier classified WHE as an associate.

On 14 December 2023 Frontier completed the acquisition of all of the outstanding shares of WHE that it did not already own or control and accordingly re-gained control over WHE from this date.

5. Details of associates and joint ventures

Not applicable.

Additional information supporting the Appendix 4E disclosure requirements can be found in the Annual Report which contains the Directors’ Report and the consolidated financial statements for the year ended 31 December 2023.

This report is based on the consolidated financial statements for the year ended 31 December 2023 which have been audited.

Click here for the full ASX Release

This article includes content from Frontier Energy, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.


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