Update
Calgary, Alberta--(Newsfile Corp. - September 1,
2023) - International Frontier Resources
Corporation (TSXV: IFR) ("IF" or the
"Company") announces today that Letter of Intent with Jaguar Exploracion S.A.P.I. de C.V.
(Jaguar") dated April 28, 2023 and the
Amended Letter of Intent dated July 28, 2023 as previously announced on May 9, 2023 and July 28, 2023 respectively has expired effective
August 31, 2023. Neither of the options per the Letters of Intent have been exercised by Jaguar at the time of expiry.
The Company continues to evaluate and review opportunities for the acquisition of assets or businesses that will enhance shareholder value.