CALGARY, ALBERTA--(Marketwired - Sept. 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.
The TSX Venture has also notified IFR that is has approved a finder's fee of 1,250,000 shares payable to Industrias Miral, S.A. de C.V. (Enrique Miranda).
About International Frontier Resources
International 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, Alberta 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.
"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.
Source: Marketwired
(September 23, 2016 - 5:30 PM EDT)
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