PetroFrontier Corp. Announces Closing of Major Resource Property Acquisition in Alberta
CALGARY, ALBERTA — (Marketwired) — 07/21/16 — PetroFrontier Corp. ("PetroFrontier") (TSX VENTURE: PFC) is pleased to announce that it has closed its previously announced acquisition of certain resource assets (the "Assets") in the Cold Lake area of northeastern Alberta (the "Acquisition") from Kasten Energy Inc. ("Kasten").The Acquisition price was approximately $17.49 million for the Assets payable as follows:The Acquisition closed on July 21, 2016 a