International Frontier Resources Announces 2023 Fourth Quarter and Year-End Financial and Operating Results

About this update from International Frontier Resources Corporation

[{"type":"text","content":"International Frontier Resources Announces 2023 Fourth Quarter and Year-End Financial and Operating ResultsCalgary, Alberta--(Newsfile Corp. - April 29, 2024) - International Frontier Resources Corporation (TSXV: IFR) (\"IFR\" or the \"Company\") reported today its financial and operating results for the three months and year ended December 31, 2023. In addition, the Company today announces the filing of its Annual Information Form (\"AIF\") for the year ended December 31, 2023, which contains the Company's reserves and other oil and natural gas information, as required under National Instrument 51-101 Standards of Disclosure of Oil and Gas Activities. The AIF, financial statements and MD&A are available for review under the Company's profile on the SEDAR+ website at www.sedarplus.ca and on the Company's website at www.internationalfrontier.com. All dollar figures are in Canadian dollars.The Company reported a consolidated net income of $693,390 ($0.05 per share) for the three months ended December 31, 2023 compared to a net loss of $463,695 ($0.03 loss per share) for the same period in 2022 and consolidated net income for the year ended December 31, 2023 of $193,340 ($0.01 per share) as compared to a consolidated net loss $3,058,575 ($0.20 loss per share) at December 31, 2022. In 2023, the Company had a net loss from operations of $486,670.About International Frontier ResourcesInternational Frontier Resources Corporation (IFR) is a Canadian publicly traded company with a demonstrated track record of advancing oil and gas projects. Through its Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) and strategic joint ventures, it is advancing the development of petroleum and natural gas assets in Mexico. The Company also has projects in Canada and the United States, including the Northwest Territories and Montana.The Company's shares are listed on the TSX Venture, trading under the symbol IFR. For additional information please visit www.internationalfrontier.com.For further information Tony Kinnon - Chairman and CEO(403) [email protected] Statements This press release contains forward‐looking statements and forward‐looking information (collectively \"forward‐looking information\") within the meaning of applicable securities laws relating to the Company's plans, st...

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