FRNT Announces Option Amendments

July 4, 2024

TORONTO, July 04, 2024 (GLOBE NEWSWIRE) — FRNT Financial Inc. (TSXV:FRNT) (OTCQB:FRFLF) (FSE:XZ3) (“FRNT” or the “Company”) announces that, subject to applicable TSX Venture Exchange approval, the board of directors of the Company (the “Board”) has approved the amendment (the “Option Amendments”) of an aggregate of 465,731 previously granted employee stock options (the “Amended Options”). Pursuant to the Option Amendments, the exercise price of the Amended Options has been amended from $1.17 to $0.60 per common share. All other terms of the Amended Options remain the same.

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