Frontier Energy Limited (ASX:FHE) entered into a letter on intent to acquire Waroona Energy Inc. (TSXV:WHE) for AUD 50.82 million on September 4, 2023, As on October 6, 2023 Frontier Energy Limited (ASX:FHE) entered into binding agreement to acquire Waroona Energy Inc, Key conditions to implementation of the Share Plan include Waroona Shareholders approving the Share Plan by a majority of 66.67%; Regulatory approvals in Canada; Canadian Court approval of the Share Plan; No material adverse change or prescribed occurrence occurring in relation to either Waroona or Frontier; and Other conditions customary for a public transaction of this nature. Farris LLP acted as legal advisor to Frontier Energy Limited and DLA Piper (Canada) LLP acted as legal advisor, Red Cloud Securities, Inc. acted as Financial advisor to Waroona Energy Inc.