Frontieras North America Engages Halter Financial Group to Structure and Facilitate Public Offering
Partnership Expedites Frontieras’ Public Listing, Bolsters Creditability with Enhanced Reporting and Subsidizes the Commercialization and Delivery of FASForm™ Energy to the Broader Markets
Scottsdale, AZ – March 8, 2022 – Frontieras North America, a subsidiary of Frontier Applied Sciences, today announced that it has partnered with Halter Financial Group (HFG) to structure and facilitate a public listing prior to the completion of Q3 2022. The public listing is anticipated to include an equity raise, the proceeds from which will be used for the commercialization of Frontieras’ technology and to advance its broad scale growth to deliver abundant, affordable and efficient FASForm energy to multiple industries on a global scale.
“We are excited to pursue this path towards a public listing and bring Frontieras FASForm™ to the forefront of the energy sector and the public markets,” said Matthew McKean, CEO and Co-Founder of Frontieras. “Today’s announcement is another step towards achieving our overall business strategy, positively impacting the economy of West Virginia, the site of the first plant, and delivering highly efficient energy to the markets. We look forward to embarking on this venture with the HFG to ultimately allow the broader public capital markets to participate in Frontieras’ development.”
HFG’s wide range of advisory services and platforms allows Frontieras to execute on a public listing to quickly become a publicly traded enterprise. Frontieras’ selection of HFG was based on HFG’s proven track record and relationships with top tier investment banks and legal and accounting professionals to provide a seamless transition from private to public status.
“Frontieras’ public listing will play a large role in allowing the company to quickly commercialize its technology and expand the footprint of its FASForm plants,” said Andrea Moran, Chief Commercial Officer at Frontieras. “Today’s announcement augments Frontieras’ engagements with private equity, institutional investors and the U.S. Government to facilitate the construction of our first U.S.-based plant that is projected to process 2.7 million tons of coal annually. The yields from this processing plant are expected to have an immediate and positive impact on the gas, solid and liquid energy markets.”
Frontieras’ phased refining process of coal and other solids uses continuous heat and pressure to reform, refine and liberate the constituents of solid carbonaceous materials that contain volatile compounds. Specifically, FASForm differentiates components to produce and separate valuable gas products such as hydrogen and methane, an upgraded solid carbon product superior to current metallurgical coke, as well as high-value liquid products such as naphtha, jet fuel and diesel. The diverse yields produced by Frontieras’ validated process allow a clear path to revenue and profitability without the inherit risks associated with introducing a new product.
“Relying on our years of experience, we are deploying a bespoke strategy that allows Frontieras to enter the public capital markets in a manner that will maximize valuation and minimize risk to Frontieras’ shareholders. Frontieras’ anticipated yields provide a pathway for its economic viability, while also having a positive environmental impact. The forgoing attributes should position Frontieras to be well received by the public financial markets,” said Kevin B. Halter, Jr., Founder and President of HFG.
About Frontieras
Frontieras North America, a subsidiary of Frontier Applied Sciences (FAS) is a privately held entity formed in 2010 as a private company. FAS holds patents on 5 continents that cover more than 3.7 billion people including the United States and Canada. Frontieras’ FASForm™ streamlines the processing of solid hydrocarbonaceous materials and maximizes the energy output in each of its three forms: solids, liquids, and gas. FASForm is extremely efficient, and products can be delivered to market at or below market comparable prices without relying upon any government subsidies or carbon credits.