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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| International Frontier Resources Corp | TSXV:IFR | TSX Venture | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.06 | 0.055 | 0.07 | 0 | 12:01:22 |
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International Frontier Resources Corporation ("IFR" or the "Company") (TSX
VENTURE:IFR) today reported its financial results for the year ended December
31, 2012.
The Company recorded a consolidated net loss for the year ended December 31,
2012 of $575,440 ($0.01 per share) as compared to a consolidated net loss of
$673,340 ($0.01 per share) at December 31, 2011. In 2012 oil revenue, net of
royalties, was $752,390 compared to $770,850 in 2011. At December 31, 2012 cash
and cash equivalents were $3,456,380 and working capital was positive
$3,018,180.
The Company's audited financial statements and accompanying Management
Discussion and Analysis can be found on SEDAR and also on the Company's website.
International Frontier's oil & gas projects are located in the Sahtu region of
the Northwest Territories, Canada and in Glacier County, N.W. Montana. The
Company's shares are listed on the TSX Venture Exchange trading under the symbol
IFR.
FOR FURTHER INFORMATION PLEASE CONTACT:
International Frontier Resources Corporation
Pat Boswell
President
(403) 215-2781
www.internationalfrontier.com
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