Former PEMEX CFO and Director Joins IFR Board

CALGARY, ALBERTA--(Marketwired - July 7, 2016) - International Frontier Resources Corporation ("IFR" or the "Company") (TSX VENTURE:IFR) on July 7, 2016, is pleased to announce the appointment of Ignacio Quesada Morales to it's Board of Directors.

Mr. Quesada is a Managing Director with Alvarez & Marsal ("A&M"), Mexico and brings over 20 years of experience in financial and strategic consulting including key positions within Mexico's public sector. He has worked extensively in the energy and oil and gas sectors, helping companies in Mexico, Brazil, Chile, Argentina, Spain and South Africa.

Before joining A&M, Mr. Quesada served as Chief Financial Officer and Board Member with Petroleos Mexicanos (PEMEX), Mexico's national oil company. At Pemex, Mr. Quesada was responsible for treasury, budgeting, accounting and risk management at one of the largest Latin American corporates.

Previously, he was Chief of Staff of the Minister at the Secretaría de Hacienda y Crédito Público, Mexico's treasury office, and at the Secretaría de Desarrollo Social (Ministry of Social Development). Mr. Quesada was also a partner at McKinsey & Company, a leading firm that provides consulting services in strategy, organization and operations.

Mr. Quesada earned a PhD in chemical engineering from Carnegie Mellon University in Pittsburgh, Pennsylvania and a degree in chemical engineering from the Universidad Nacional Autónoma de México. He is fluent in Spanish, English and Portuguese.

About IFR

International Frontier Resources is a publicly traded company and through its Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) and strategic joint ventures, is advancing the development of petroleum and natural gas assets in Mexico. The Company has projects in Canada and the United States including the NWT, Alberta and Montana.

The Company's shares are listed on the TSX-V 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.