Mr. Tony Kinnon reports

INTERNATIONAL FRONTIER RESOURCES ANNOUNCES 2024 FOURTH QUARTER AND YEAR-END FINANCIAL AND OPERATING RESULTS

International Frontier Resources Corp. has released its financial and operating results for the three months and year ended Dec. 31, 2024. The financial statements and MD&A (management's discussion and analysis) are available for review under the company's profile on the SEDAR+ and on the company's website. All dollar figures are in Canadian dollars.

The company reported a consolidated net loss of $640,095 (two cents per share) for the three months ended Dec. 31, 2024, compared with a net income of $693,390 (five cents per share) for the same period in 2023, and a consolidated net loss for the year ended Dec. 31, 2024, of $2,086,730 (seven cents per share), as compared with a consolidated net income $193,340 (one cent per share) at Dec. 31, 2023. In 2024, the company had a net loss from operations of $333,735.

About International Frontier Resources Corp.

International Frontier Resources is a Canadian publicly traded company with a demonstrated record of advancing oil and gas projects. Through its Mexican subsidiary, Petro Frontera S.A.P.I de C.V. (Frontera) and strategic joint ventures, it is advancing the development of petroleum and natural gas assets in Mexico. The company also has projects in Canada and the United States, including the Northwest Territories and Montana.

The company's shares are listed on the TSX Venture Exchange, trading under the symbol IFR.

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