Northern Frontier Corp. Announces Change to Escrow Release

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[{"type":"text","content":"\n\n\nCALGARY, Oct. 29, 2013 /CNW/ - Northern Frontier Corp. (TSX-V: FFF) (the\n \"Corporation\") announces that further to the final bulletin issued by the TSX\n Venture Exchange on October 1, 2013, the Corporation has been\n reclassified as a Tier 1 issuer.\n\n\nAs a result of the reclassification, the escrow release provisions under\n the CPC Escrow Agreement entered into among the Corporation, Alliance\n Trust Company and each of the initial directors and officers of the\n Corporation and dated January 30, 2012 will be replaced with the\n following:\n\n\n\n\n\nRelease Date\n\n\nPercentage of Total Escrowed Securities to be Released\n\n\nTotal Number of Escrowed Securities to be Released\n\n\nOctober 1, 2013\n\n\n25%\n\n\n61,248\n\n\nApril 1, 2014\n\n\n25%\n\n\n61,249\n\n\nOctober 1, 2014\n\n\n25%\n\n\n61,249\n\n\nApril 1, 2015\n\n\n25%\n\n\n61,254\n\n\n\n\n\n\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\n that term is defined in policies of the TSX Venture Exchange) accepts\n responsibility for the adequacy or accuracy of this release.\n\n\n \n\n\nSOURCE Northern Frontier Corp.\n\n Northern Frontier Corp. Chris Yellowega - President and Chief Executive Officer Phone: 403.880.9511 Email: [email protected]  or - Monty Balderston - Executive Vice President and Chief Financial Officer Phone: 403.874.7408 Email: [email protected] Copyright CNW Group 2013","length":2672,"tagName":"div"}]

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