Intl Frontier Res Co (IFRTF) 0.1600 $IFRTF Inte
Post# of 273249
International Frontier Resources Provides Update on Mexican Operations and Tecolutla Block
Marketwire Canada - Mon Sep 26, 8:03AM CDT
CALGARY, ALBERTA--(Marketwired - Sep 26, 2016) - International Frontier Resources Corporation ("IFR" or the "Company" (TSX VENTURE:IFR) is pleased to provide an operations update on its jointly owned Mexican company Tonalli Energia ("Tonalli" and the onshore oil and gas development Block 24, known as Tecolutla. Tonalli is a Mexican company with the ownership split equally between IFR and Mexican petrochemical leader Grupo Idesa.
IFR.VN: 0.200 (-0.010)
International Frontier Resources Corporation: TSX Venture Bulletin
Marketwire Canada - Fri Sep 23, 4:31PM CDT
CALGARY, ALBERTA--(Marketwired - Sep 23, 2016) - International Frontier Resources Corporation ("IFR" or the "Company" (TSX VENTURE:IFR) announced on September 23, 2016, that the TSX Venture Exchange has accepted for filing a license agreement between Tonalli Energia S.A.P.I. de CV, (a private Mexican company jointly owned by International Frontier Resources Corporation) and the Mexico Comision Nacional de Hidrocarburos for the development and extraction of oil and gas from onshore Block 24, Tecolutla located in Veracruz state.
IFR.VN: 0.200 (-0.010)
International Frontier Resources Corporation: Second Quarter 2016 Results
Marketwire Canada - Wed Aug 31, 4:02PM CDT
CALGARY, ALBERTA--(Marketwired - Aug 31, 2016) - International Frontier Resources Corporation (TSX VENTURE:IFR) today reported results for the six months ended June 30, 2016. In the period the Company recorded a loss of $945,145 ($0.01 per share) versus a loss of $597,365 ($0.01 per share) in 2015. For the six month period ended June 30, 2016 net oil revenue was $102,760 versus $228,410 at June 30, 2015. Revenue in the period was down as a result of lower oil production and lower oil prices, $36.27 per barrel for the six months ended June 30, 2016 versus $47.98 for the same period in 2015. At June 30, 2016 cash and cash equivalents were $2,705,165 and working capital was $2,602,435. The Company's financial statements and related management discussion and analysis have been filed on Sedar and posted on the Company's website.
IFR.VN: 0.200 (-0.010)
International Frontier Resources' Jointly Owned Mexican company, Tonalli Energia, Signs License Contract with Mexico Comision Nacional de Hidrocarburos for "Tecolutla" Onshore Block
Marketwire Canada - Fri Aug 26, 7:31AM CDT
CALGARY, ALBERTA--(Marketwired - Aug 26, 2016) - International Frontier Resources Corporation ("IFR" or the "Company" (TSX VENTURE:IFR) is pleased to announce that, on August 25, 2016, Tonalli Energia ("Tonalli" met all the terms and conditions and signed a license contract with the Mexico Comision Nacional de Hidrocarburos (CNH) for the Onshore Oil and Gas Development Block 24 ("Tecolutla", granting Tonalli the right to develop and produce hydrocarbons. Tonalli Energia is a Mexican company with the ownership split equally between IFR and Mexican petrochemical leader Grupo Idesa.
IFR.VN: 0.200 (-0.010)
IFR Announces Private Placement
Marketwire Canada - Tue Jun 14, 12:56PM CDT
CALGARY, ALBERTA--(Marketwired - Jun 14, 2016) - International Frontier Resources Corporation ("IFR" or the "Company" (TSX VENTURE:IFR) on June 14, 2016, announced that the Corporation has agreed to a non-brokered private placement offering for up to 12,800,000 Units at a price of $0.125 per Unit for gross proceeds of up to $1,600,000. Each Unit consists of one (1) common share of the Company (a "Share" and one-half common share purchase warrant (a "Warrant". Each whole Warrant will entitle the holder thereof to purchase one Share at a price of $0.18 for a period of two years from the date of issuance. The proceeds from the Private Placement will be used for working capital and to fund Mexico initiatives. The Company may pay finder's fees in accordance with TSX Venture Exchange policies.
IFR.VN: 0.200 (-0.010)
International Frontier Resources Corporation: First Quarter 2016 Results
Marketwired - Tue May 24, 1:31PM CDT
CALGARY, ALBERTA--(Marketwired - May 24, 2016) - International Frontier Resources Corporation (TSX VENTURE:IFR) today reported results for the three months ended March 31, 2016. In the period the Company recorded a loss of $359,785 ($0.004 per share) versus a loss of $243,335 ($0.004 per share) in 2015. For the three-month period ended March 31, 2016 net oil revenue was $25,980 versus $89,730 at March 31, 2015. Revenue in the period was down as a result of lower oil production and lower oil prices, $24.21 per barrel for the three months ended March 31, 2016 versus $40.03 for the same period in 2015. At March 31, 2016 cash and cash equivalents were $1,940,385 and working capital was $1,668,015. The Company's financial statements and related management discussion and analysis have been filed on Sedar and posted on the Company's website.
IFR.VN: 0.200 (-0.010)
IFR Announces Stock Option Issuance
Marketwire Canada - Wed May 18, 4:48PM CDT
CALGARY, ALBERTA--(Marketwired - May 18, 2016) - International Frontier Resources Corporation ("IFR" or the "Company" (TSX VENTURE:IFR) on May 18th, 2016, reported the grant of 150,000 incentive stock options to consultants and employees pursuant to the Company's stock option plan. The options are exercisable for a period of 5 years at a price of $0.15 per share.
IFR.VN: 0.200 (-0.010)
International Frontier Resources Jointly Owned Mexican Company Tonalli Energia, Awarded "Tecolutla" Onshore Block
Marketwire Canada - Thu May 12, 7:30AM CDT
CALGARY, ALBERTA--(Marketwired - May 12, 2016) - International Frontier Resources Corporation ("IFR" or the "Company" (TSX VENTURE:IFR) on May 12, 2016, is pleased to announce that Tonalli Energia, has been notified by the Mexico Comision Nacional de Hidrocarburos (CNH) that it has been awarded the Onshore Oil and Gas Development Block 24 (Tecolutla Block). Tonalli Energia is a Mexican company with the ownership split equally between IFR and Mexican Petrochemical Leader Grupo Idesa.
IFR.VN: 0.200 (-0.010)
News Release: 2015 Year-End Financial Results
Marketwire Canada - Mon Apr 18, 1:06PM CDT
International Frontier Resources Corporation (the "Company" (TSX VENTURE:IFR) today reported its financial results for the year ended December 31, 2015.
IFR.VN: 0.200 (-0.010)
IFR: Warrant Extension
Marketwire Canada - Thu Jan 21, 8:00AM CST
International Frontier Resources Corporation ("IFR" or the "Company" (TSX VENTURE:IFR) on January 21, 2016, reported today that it had made an application to the TSX Venture Exchange for approval to extend the expiry date of a total of 6,800,000 non-transferable share purchase warrants. A total of 4,000,000 warrants have a current expiry date of November 12, 2016 and 2,800,000 warrants have a current expiry date of October 29, 2016. All warrants are exercisable at a price of $0.10. The Company is applying to extend the term of the warrants to December 2, 2017, which is in line with the private placement warrant period previously announced on December 2, 2015. The Company is not applying for a re-pricing of the warrants. The warrant extension is subject to the approval of the TSX Venture Exchange.
IFR.VN: 0.200 (-0.010)
IFR Jointly Owned Mexican Company, Tonalli Energia, Places Four Bids in Historic Mexican "Mature Field" Bid Round
Marketwire Canada - Tue Dec 15, 8:38PM CST
International Frontier Resources Corporation ("IFR" or the "Company" (TSX VENTURE:IFR) on December 15, 2015, announced that Tonalli Energia, a jointly owned Mexican company, 50% by IFR and 50% by Mexican petrochemical leader Grupo Idesa, bid on four onshore blocks in Mexico's historic bid round. Although competitive, Tonalli was not awarded any licenses. Tonalli was runner-up in bidding for Block 6 Catedral and Block 24 Tecolutla. The documentation submitted for Catedral and Tecolutla will remain with the Comision Nacional de Hidrocarburos (CNH) and Tonalli will be awarded these blocks if the winner is unable to meet its bid round completion requirements 140 days from today.
IFR.VN: 0.200 (-0.010)