International Frontier Resources Corporation
TSX VENTURE : IFR

International Frontier Resources Corporation

December 10, 2007 17:00 ET

International Frontier Resources Corporation: News Release

CALGARY, ALBERTA--(Marketwire - Dec. 10, 2007) - International Frontier Resources Corporation (TSX VENTURE:IFR) reported today the issuance of up to 250,000 flow-through common shares at a price of $0.80 per share. The non-brokered private placement is subject to TSX-V approval. The shares issued will be restricted from trading for a 4-month period from the date of stock exchange approval.

The private placement will be a related party transaction within the meaning of the applicable stock exchange policies as directors and officers are participating in the private placement. Proceeds of the offering will be used to incur CEE on the Company`s Central Mackenzie Valley, NWT exploration program that is scheduled to commence in January, 2008.

For additional information on the Company visit www.internationalfrontier.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

Contact Information

  • International Frontier Resources Corporation
    Pat Boswell
    President
    (403) 215-2781
    (403) 215-2788 (FAX)
    or
    International Frontier Resources Corporation
    Mark Powell
    VP Exploration
    (403) 215-2783
    (403) 215-2788 (FAX)
    Website: www.internationalfrontier.com