Frontera Copper Corporation

Published : February 16th, 2009

Board of Directors Unanimously Recommends That Shareholders Accept Unsolicited Cash Offer of CDN$0.7

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News Release Sunday, February 15, 2009
Frontera Copper Board of Directors Unanimously Recommends That Shareholders Accept Unsolicited Cash Offer of CDN$0.75 >From Invecture Group

Toronto and Phoenix, AZ - February 15, 2009 - Frontera Copper Corporation (FCC:TSX, FCC.NT:TSX, FCC.NT.A:TSX) ("Frontera" or the "Company") today announced that its Board of Directors has unanimously recommended that shareholders tender their shares to the offer made by Invecture Group, S.A. de C.V. ("Invecture") to purchase all of the outstanding common shares of Frontera at a cash price of Cdn$0.75 per share ("Invecture Offer").

The Board determined that the Invecture Offer is superior to the Cdn$0.65 per share offer previously received from Southern Copper Corporation ("SCC"). Under the terms of the support agreement executed between SCC and Frontera, SCC had the right to match a superior offer, but did not exercise its right within the stipulated five calendar-day period. The Company's financial advisor, RBC Capital Markets, has provided an opinion that the consideration offered pursuant to the Invecture Offer is fair, from a financial point of view, to Frontera shareholders.

The enhanced offer from Invecture represents a 15% increase from the offer received from SCC and a 27% improvement in price compared to the original offer received from Invecture in early December. Completion of the process of identifying and engaging other potential acquirers has resulted in the unanimous determination by the Board that under present economic conditions, acceptance of the Invecture Offer is in the best interests of all shareholders of the Company.

Under the terms of the Invecture Offer, Frontera shareholders may tender to the Invecture Offer up to 4:30 PM Pacific time on Tuesday, February 17. Shareholders are encouraged to review the document titled "NOTICE OF VARIATION AND EXTENSION" filed by Invecture on February 6 and posted on SEDAR for more information.

ABOUT FRONTERA COPPER CORPORATION

Frontera Copper Corporation is a Canadian mining, development and exploration company whose principal activity is the production of copper cathode from the Piedras Verdes run-of-mine heap-leach copper operation in Sonora, Mexico.

For further information, please see Frontera Copper's website at www.fronteracopper.com or contact:

Rodney Prokop
Vice President, Investor Relations
(602) 424-5483
ir@fronteracopper.com

Alan Edwards
President and Chief Executive Officer
(602) 424-5488

<

Frontera Copper Corporation

DEVELOPMENT STAGE
CODE : FCC.TO
CUSIP : 359043106
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Frontera Copper is a copper producing company based in Canada.

Frontera Copper holds various exploration projects in Mexico.

Its main asset in development is PIEDRAS VERDES in Mexico and its main exploration property is CERRO CHATO in Mexico.

Frontera Copper is listed in Canada and in United States of America. Its market capitalisation is CA$ 47.7 millions as of today (US$ 41.0 millions, € 30.6 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 7.86, and its lowest recent point on October 31, 2008 at CA$ 0.22.

Frontera Copper has 64 518 000 shares outstanding.

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Nominations of Frontera Copper Corporation
12/1/2008Announces the Appointment of Hugh Snyder as Chairman of the ...
3/24/2008 Announces The Appointment Of Rodney Prokop As Vice Presiden...
8/14/2007ANNOUNCES THE APPOINTMENT OF ALAN EDWARDS AS PRESIDENT AND C...
5/28/2007Executive Appointments
Financials of Frontera Copper Corporation
11/12/2008Reports on Financial Results and Operational Performance for...
8/7/2008Reports on Financial Results and Operational Performance for...
5/15/2008Reports on Financial Results and Operational Performance for...
3/20/2008 Reports Annual and Fourth Quarter 2007 Results
9/24/2007FRONTERA COPPER REPORTS CASH BALANCES OF $55 MILLION AND PRO...
5/15/2007REPORTS FIRST QUARTER 2007 RESULTS
Project news of Frontera Copper Corporation
7/21/2008(Piedras Verdes)Provides Update on Operations
1/15/2008(Piedras Verdes) Updates 2007 Production Guidance, Reports an Increase in Or...
Corporate news of Frontera Copper Corporation
2/16/2009Board of Directors Unanimously Recommends That Shareholders ...
2/4/2009Enters Into Definitive Agreement in Support of Southern Copp...
1/22/2009Announces a Reduction in its Estimate of Recoverable Copper ...
12/22/2008Provides Update on Operations
12/19/2008Announces Waiver of Application of Shareholder Rights Plan
12/18/2008Board of Directors Recommends Rejection of Unsolicited Offer...
12/12/2008Announces Effect of Share Acquisition by Invecture Group on ...
12/3/2008Responds To Unsolicited Offer From Invecture Group
12/2/2008RETAINS RBC CAPITAL MARKETS AS FINANCIAL ADVISOR
11/28/2008and Invecture Group, S.A. de C.V.
5/5/2008Comments On Recent Developments Affecting Its Primary Suppli...
1/22/2008Reduces Hedging Program
4/24/2007OPERATIONS AND CORPORATE UPDATE
3/29/2007Reports Year End 2006 Results and Outlook for 2007
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