Frontera Investment, Inc. (OTCPK:FRNV) announced a private placement of common shares and preferred stock with existing investor MRC Capital Group and others, for gross proceeds of $5,900,001 on June 19, 2012. The investor will nominate five representatives on the board of the company, with Benjamin Yogel, Managing Partner of MRC Capital Group, becoming the co-Chairman of the board along with Gilbert Partida. The transaction is expected to last for more than one year. The securities will be issued pursuant to Regulation D. MRC Capital Group will invest up to $5,000,000 in this transaction.