International Frontier Resources Corporation: Second Quarter Financial Results
CALGARY, ALBERTA--(Marketwired - Aug 28, 2013) - International Frontier Resources Corporation (TSX VENTURE:IFR) (the "Company") today reported its financial results for the period ending June 30, 2013.
The Company recorded a consolidated net loss in the second quarter of $38,335 ($0.001 per share) as compared to a consolidated net loss of $62,165 ($0.001 per share) at June 30, 2012. Second quarter revenue, net of royalties, was $196,275 compared to $191,430 at June 30, 2012. At June 30, 2013 cash and cash equivalents were $3,067,225 and working capital was positive $2,939,080.
The Company's second quarter 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 Central Mackenzie Valley, NWT, Canada and in Glacier County, Montana USA. The Company's shares are listed on the TSX Venture Exchange trading under the symbol IFR.
For additional information on the Company 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.
