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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

Comment by mike49on Apr 03, 2019 8:54pm
188 Views
Post# 29579595

RE:RE:RE Dilution Coming

RE:RE:RE Dilution ComingThe placement doesn't surprise me.this is from release back in sept/18...

The future private placement

As set out in the option agreement, IDESA has agreed to subscribe for International Frontier shares in the aggregate amount of a minimum of $1-million pursuant to a future private placement of International Frontier shares to be completed by International Frontier before March 25, 2019. Further information regarding the future private placement, including the offering size and issuance price of the future private placement, will be disclosed by International Frontier in due course

The sneaky thing here,imo,is the new presentation up on their website where they say production testing and completion of the last well is expected in q2.
so last 4 months,basically hiding and playing tiddly winks.
 

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