Filed by Fronteer Development Group Inc.
Pursuant to Rule 165 and Rule 425 under the U.S. Securities Act of 1933, as amended
Filing company: Fronteer Development Group Inc.
Commission File No. 333-156889
Dated: January 23, 2009
FRONTEER LAUNCHES FORMAL BID FOR
AURORA ENERGY RESOURCES INC.
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NEWS RELEASE 09-02
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JANUARY 23, 2009 |
VANCOUVER Fronteer Development Group Inc. (Fronteer) (FRG TSX/NYSE-A) announced today that
it has filed with securities regulators in Canada and the United States and has commenced the
mailing of its formal offer to acquire all of the outstanding common shares (the Common Shares)
of Aurora Energy Resources Inc. (Aurora) that it does not already own (the Offer) on the basis
of 0.825 of a Fronteer common share for each Common Share held.
The Offer will expire at 8:00 p.m. (Toronto time) on March 2, 2009, unless the Offer is extended or
withdrawn, and is subject to certain conditions. Details of the Offer are set out in the Offer
documents filed today with the securities regulators.
The Offer documents will be available at www.sedar.com, www.sec.gov and on Fronteers website at
www.fronteergroup.com. Copies of the Offer documents may also be obtained without charge from
Kingsdale Shareholder Services Inc., the Information Agent and Depositary for the Offer, whose
contact details are set out below.
Aurora shareholders are urged to carefully read the Offer documents as they contain important
information about the Offer. Questions regarding the Offer and assistance in depositing Common
Shares under the Offer should be directed to Kingsdale Shareholder Services Inc.
ABOUT FRONTEER
Fronteer is an exploration and development company with a track record of making big discoveries.
Fronteer has an extensive portfolio of advanced stage gold projects in Nevada, a 40% interest in
three gold and copper-gold projects in western Turkey, and a 42.2% interest in Aurora. Fronteer
has no debt and is not invested in any short-term commercial paper or asset-backed securities.
Fronteer has approximately $79 million in cash and cash equivalents held with large Canadian
commercial banks.
FURTHER INFORMATION
For further information about Fronteer, please visit www.fronteergroup.com or contact:
Mark ODea, Ph.D, P.Geo, President & Chief Executive Officer
Richard Moritz, Director, Investor Relations
Glen Edwards, Director, Communications
Phone 604-632-4677 or Toll Free 1-877-632-4677
info@fronteergroup.com
Kingsdale Shareholder Services Inc., the Information Agent and Depositary
The Exchange Tower, 130 King Street West, Suite 2950, Toronto, Ontario M5X 1E2
North American Toll-Free Phone: 1-866-581-0510
E-mail: contactus@kingsdaleshareholder.com
Outside North America, Banks and Brokers Call Collect: 416-867-2272
U.S. SHAREHOLDERS
A registration statement including the offer and take-over bid circular, prospectus and other Offer
documents has been filed with the United States Securities and Exchange Commission. U.S. investors
and security holders are advised to read these documents carefully, because they include important
information regarding the Offer. Investors and stockholders may obtain a free copy of the offer and
take-over bid circular, prospectus, the related letter of transmittal and notice of guaranteed
delivery and certain other Offer documents from the U.S. Securities and Exchange Commissions
website at www.sec.gov. Free copies of these documents can also be obtained by directing a
request to Fronteer or its Information Agent. YOU SHOULD READ THE OFFER AND TAKE-OVER BID
CIRCULAR, PROSPECTUS AND OTHER OFFER DOCUMENTS CAREFULLY BEFORE MAKING A DECISION CONCERNING THE
OFFER.
FORWARD-LOOKING STATEMENTS
Except for the statements of historical fact contained herein, certain information presented
constitutes forward-looking statements. Such forward-looking statements include, without
limitation, those with respect to potential expansion of mineralization, plans for exploration and
development, potential future production, exploration budgets and timing of expenditures and
community relations activities and any statement that may predict, forecast, indicate or imply
future plans, intentions, levels of activity, results, performance or achievements, and involve
known and unknown risks, uncertainties and other factors which may cause the actual plans,
intentions, activities, results, performance or achievements of Fronteer to be materially different
from any future plans, intentions, activities, results, performance or achievements expressed or
implied by such forward-looking statements. Such factors include, among others, risks related to
the actual results of current exploration activities, changes in government legislation, changes in
ownership interest in a project, conclusions of economic evaluations, changes in project parameters
as plans continue to be refined, future prices of gold, copper, silver and uranium, environmental
risks and hazards, increased infrastructure and/or operating costs, labor and employment matters,
international operations and joint ventures, estimation of reserves and resources, government
regulation and permitting matters, the satisfaction of conditions to any Offer, the occurrence of any event, change or other circumstance that could give
rise to the termination of the lock-up agreements relating to the proposed transaction, the ability
to obtain all necessary regulatory approvals, a delay in the consummation of the proposed
transaction or the failure to complete the proposed transaction for any other reason, the amount of
costs, fees and expenses related to the proposed transaction, the anticipated benefits to Aurora
and Fronteer shareholders and other expected or anticipated benefits of the proposed acquisition,
as well as those factors discussed in the section entitled Risk Factors in Fronteers Annual
Information Form and Fronteers latest Form 40-F and in the section entitled Risks Relating to the
Offer in Fronteers offer and take-over bid circular on file with the Canadian securities
regulators and included in the Registration Statement on Form F-8
filed with the U.S. Securities and
Exchange Commission. Although Fronteer has attempted to identify important factors that could
cause actual results to differ materially, there may be other factors that cause Fronteers plans,
results, performance or achievements not to be as anticipated, estimated or intended. There can be
no assurance that such statements will prove to be accurate as actual results and future events
could differ materially from those anticipated in such statements. Fronteer disclaims any intention
or obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. Accordingly, readers should not place undue reliance on
forward-looking statements.