FGC Frontline Gold Corporation

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Frontline Gold Corporation (TSX VENTURE:FGC) ("Frontline" or the "Company")
announces that its Board of Directors has initiated a process to identify,
examine and consider a range of strategic alternatives available to the Company
with a view to enhance shareholder value.


Strategic alternatives may include, but are not limited to, a sale of all or a
material portion of the assets of Frontline, either in one transaction or in a
series of transactions, the outright sale of the Company, or a merger or other
business combination transaction involving Frontline and a third party. 


A Strategic Review Committee of the Board has been formed to oversee the review
process. The Strategic Review Committee is comprised of the Company's
independent directors. 


Frontline has engaged Marquest Capital Markets as its financial advisor in
connection with the process.


Frontline cautions that there can be no assurances that the process will result
in the Company entering into a transaction or, if a transaction is undertaken,
as to the terms or timing of such a transaction. The Company has not yet set a
definitive schedule to complete the identification, examination and
consideration of strategic alternatives. It is Frontline's current intention not
to disclose developments with respect to the process unless and until the Board
of Directors has approved a specific transaction or otherwise determines that
disclosure is necessary or appropriate. 


About Frontline Gold Corporation

Frontline is a Canadian junior mineral exploration company with an experienced
discovery team and a proven record of accomplishment. The Company's flagship
properties include the Menderes gold project in the Izmir province of Western
Turkey and the Niaouleni gold project in southern Mali in the heart of West
Africa's prolific gold belt. Ongoing Canadian exploration includes the Poly
(gold VMS) and the Stewart (gold-copper porphyry) projects.


For further information, please visit the Company's website at
www.frontlinegold.com to view the most recent corporate presentation.


This news release contains forward-looking statements, which address future
events and conditions, which are subject to various risks and uncertainties. The
Company's actual results, programs and financial position could differ
materially from those anticipated in such forward-looking statements as a result
of numerous factors, some of which may be beyond the Company's control. These
factors include: the availability of funds; the timing and content of work
programs; results of exploration activities and development of mineral
properties, the interpretation of drilling results and other geological data,
the uncertainties of resource and reserve estimations, receipt and security of
mineral property titles; project cost overruns or unanticipated costs and
expenses, fluctuations in metal prices; currency fluctuations; and general
market and industry conditions. 


Forward-looking statements are based on the expectations and opinions of the
Company's management on the date the statements are made. The assumptions used
in the preparation of such statements, although considered reasonable at the
time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.


Walter Henry, President & CEO 

FRONTLINE GOLD CORP.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Frontline Gold Corp.
Walter Henry
(416) 362-9100
(416) 362-9300 (FAX)
info@frontlinegold.com
www.frontlinegold.com

Grafico Azioni Frontline Gold (TSXV:FGC)
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Da Mag 2024 a Giu 2024

Grafico Azioni Frontline Gold (TSXV:FGC)
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Da Giu 2023 a Giu 2024