Aurora Energy Resources Inc. (TSX:AXU) ("Aurora") announced that at a special
meeting of Aurora shareholders held today, a going private transaction involving
the amalgamation (the "Amalgamation") of Aurora and 59801 Newfoundland &
Labrador Inc. ("Newco"), a direct wholly-owned subsidiary of Fronteer
Development Group Inc. ("Fronteer"), was approved and adopted. Immediately prior
to the Amalgamation, Fronteer held 67,473,672 Aurora common shares representing
approximately 91.2% of the issued and outstanding common shares of Aurora. The
Amalgamation was approved by approximately 98.5% of holders of common shares of
Aurora present in person or represented by proxy at the meeting. Immediately
following the meeting, articles of amalgamation were filed in accordance with
the Corporations Act (Newfoundland and Labrador) (the "NLCA"), following which
the Amalgamation was deemed to be effective as of 10:00 a.m. (Newfoundland
time). Aurora and Newco have continued as one corporation with the name "Aurora
Energy Resources Inc." ("Amalco").


Pursuant to the Amalgamation, former Aurora shareholders (other than Fronteer)
received one Class A redeemable preferred share of Amalco for each Aurora common
share held. The Aurora common shares and Newco common shares held by Fronteer
were exchanged on a one-for-one basis for Amalco common shares. As a result of
the Amalgamation, all of the common shares of Amalco are held by Fronteer.


Following the Amalgamation, each outstanding Class A redeemable preferred share
of Amalco was automatically redeemed (the "Redemption") by Amalco for 0.825 of a
Fronteer common share (subject to adjustment for fractional shares), which is
the same consideration per Aurora common share that shareholders received under
Fronteer's prior take-over bid for all of the Aurora common shares. As a result
of the Redemption, all of the Class A redeemable preferred shares of Amalco will
automatically be cancelled and Fronteer now owns all of the outstanding shares
of Amalco.


The special meeting materials mailed to Aurora shareholders in advance of
today's shareholders' meeting, copies of which are available at www.sedar.com,
include a letter of transmittal and contain instructions for former holders of
Aurora common shares to receive the Fronteer common shares payable to them in
connection with the Redemption.


Shareholders with any questions or requests for assistance in completing the
letter of transmittal and surrendering the share certificates formerly
representing Aurora common shares should contact Computershare Trust Company of
Canada, the depositary, by telephone, toll free within Canada and the United
States, at 1-800-564-6253 or by e-mail at corporateactions@computershare.com.
Shareholders whose share certificates are registered in the name of an
investment advisor, stockbroker, bank, trust company or other nominee should
immediately contact such nominee for assistance in surrendering their share
certificates.


The common shares of Aurora will be delisted from and will no longer be traded
on the Toronto Stock Exchange as of the close of market today.


About Aurora

Aurora is a uranium exploration and development company active in the Central
Mineral Belt of North Coast Labrador - one of the world's most promising uranium
districts - and in Nunavut, Canada, where it has entered into an option
agreement on a Baker Lake Basin property. Aurora is 100%-owned by Fronteer, an
exploration and development company with a track record of making big
discoveries. Fronteer has an extensive gold project pipeline in Nevada and a 40%
interest in three gold and copper-gold projects in western Turkey.


Forward Looking Information

This press release contains certain forward-looking information and
forward-looking statements. Forward-looking statements and forward-looking
information are subject to a variety of risks and uncertainties beyond or
Aurora's ability to control or predict, which could cause actual events or
results to differ materially from those anticipated in such forward-looking
statements and forward-looking information. Although Aurora currently believes
that the assumptions inherent in the forward-looking statements and
forward-looking information are reasonable, undue reliance should not be placed
on these forward-looking statements and forward-looking information.
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