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International Frontier Resources Announces 2024 Fourth Quarter and Year-end Financial and Operating Results
Frontier Frontier (US:ULCC) Newsfileยท2025-04-17 23:01

Financial Performance - The company reported a consolidated net loss of CAD 640,095 (CAD 0.02 loss per share) for Q4 2024, compared to a net income of CAD 693,390 (CAD 0.05 per share) for the same period in 2023 [2] - For the year ended December 31, 2024, the consolidated net loss was CAD 2,086,730 (CAD 0.07 loss per share), contrasting with a net income of CAD 193,340 (CAD 0.01 per share) at the end of 2023 [2] - The net loss from operations for 2024 was CAD 333,735 [2] Company Overview - International Frontier Resources Corporation (IFR) is a Canadian publicly traded company focused on advancing oil and gas projects, particularly through its Mexican subsidiary, Petro Frontera S.A.P.I de CV [3] - The company is involved in the development of petroleum and natural gas assets in Mexico, as well as having projects in Canada and the United States, including the Northwest Territories and Montana [3] Stock Information - The company's shares are listed on the TSX Venture under the symbol IFR [4]