International Frontier Resources Corporation: Second Quarter Results

NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: International Frontier Resources Corporation 
TSX VENTURE SYMBOL:  IFR 
AUGUST 26, 2014 
International Frontier Resources Corporation: Second Quarter Results 
CALGARY, ALBERTA--(Marketwired - Aug. 26, 2014) - International Frontier
Resources Corporation ("IFR" or the "Company") (TSX
VENTURE:IFR) today reported its financial results for the period ended June 30,
2014. 
The Company recorded a consolidated net loss of $175,325 ($0.003 per share)
compared to a consolidated net loss of $38,335 ($0.001 per share) for the
period ended June 30, 2013. Included in the June 30, 2014 net loss are mainly
the result of non-cash charges for stock based compensation costs of $93,755
recorded in Q2, 2014 as a result of the issuance of stock options in the period
and work-over costs incurred in the Alderson oil property. In the second
quarter oil revenue, net of royalties, was $237,215 compared to $189,595 in Q2,
2013. For the six-month period ended June 30, 2014 oil revenue, net of
royalties, was $474,155 versus $356,515 at June 30, 2013. At June 30, 2014 cash
and cash equivalents were $2,697,640 and working capital was positive
$2,561,830. The financial statements and accompanying Management Discussion and
Analysis can be found on SEDAR and on the Company's website. 
About IFR: 
The Company has an interest in 174,610 net acres located in the Tulita - Sahtu
region of the central Mackenzie Valley, NWT where ConocoPhillips Canada and
Husky Oil are conducting exploration programs in an emerging resource play that
is evaluating the production potential of the Canol and Hare- Indian shale. 
In northwest Montana IFR owns mineral titles covering 15,200 net fee acres. The
fee acreage is located on the south end of a tight-oil play currently being
developed in southwest Alberta by DeeThree Exploration Ltd. in the Ferguson
area, LGX Oil and Gas Inc. on the Blood Reserve and Torc Oil and Gas Ltd. in
the Monarch area. 
The Company's shares are listed on the TSX Venture Exchange trading under
the symbol "IFR"; for additional information please visit
www.internationalfrontier.com. 
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility or accuracy of this release". The Company seeks Safe
Harbor. 
-30-
FOR FURTHER INFORMATION PLEASE CONTACT: 
International Frontier Resources Corporation
Steve Hanson
President
shanson@internationalfrontier.com
or
International Frontier Resources Corporation
Pat Boswell
CEO
frontierres@shaw.ca
www.internationalfrontier.com 
INDUSTRY:  Energy and Utilities - Oil and Gas  
SUBJECT:  ERN 
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-0- Aug/26/2014 17:30 GMT
 
 
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