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International Frontier Resources Corp V.IFR

Alternate Symbol(s):  IFRTF

International Frontier Resources Corporation is a Canadian company, which is focused on 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. It also has projects in Canada and the United States, including the Northwest Territories, and Montana.


TSXV:IFR - Post by User

Post by Boots333on May 26, 2018 8:03pm
115 Views
Post# 28085124

A.G.M. Info Circular

A.G.M. Info Circular

The Information circular for the upcoming A.G.M. ( June 6 ) has no information about the actual business of the company, only about election of Directors and Executive Compensation Plans. 

 

What I did find interesting is that the information in this circular, as to the amount of skin the Management and Directors have in the game is less than half what is reported on their Corporate Presentation on the website.

 

The Website says Directors and Management have 32% basic of 145.2m shares and will own 39% fully diluted. The information in the A.G.M. circular show the Management and Directors own 15.82% of the 145.2m basic shares issued and if all options are exercised by the end of the year, fully diluted - 23.16%.

 
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