International Frontier Resources Corporation (the "Company") (TSX VENTURE:IFR)
today reported its financial results for the period ending September 30, 2013.
In the third quarter the Company recorded a net loss of $29,025 ($0.00 per
share) as compared to a net loss at September 30, 2012 of $136,755 ($0.002 per
share). Third quarter revenue, net of royalties, was $235,525 compared to
$155,750 at September 30, 2012. At September 30, 2013 cash and cash equivalents
were $3,032,475 and working capital was positive $2,924,675. The Company's third
quarter financial statements and accompanying Management Discussion and Analysis
can be found on SEDAR and also on the Company's website.


The Company also reported today that it had closed on its previously announced
private placement (see news release dated November 6, 2013) of 4,000,000 units
at a price of $0.065 per unit for gross proceeds of $260,000. Each unit
consisted of one common share of the Company and one share purchase warrant.
Each warrant entitles the holder thereof to purchase one additional common share
of the Company at a price of $0.10 for a period of 24 months. The warrants
expire on November 12, 2015. The shares forming part of the units and any shares
acquired on exercise of the warrants will be subject to restrictions on resale
to March 13, 2014. Proceeds of the placement will be applied to expenditures on
the Company's oil and gas properties and for general working capital.


The Company also reported today that directors had approved the grant of
incentive stock options under the Company's Option Plan, aggregating 350,000
shares to directors and officers of the Company, exercisable at a price of $0.10
per share for a term of 5 years.


About International Frontier Resources Corporation

International Frontier is engaged in the exploration for and development of oil
and natural gas reserves. The Company's oil & gas projects are located in the
Tulita District of the Central Mackenzie Valley, NWT Canada, in Glacier County,
NW Montana USA and in southeast Alberta. The Company's shares are listed on the
TSX Venture Exchange trading under the symbol IFR.


For additional information on the Company please visit
www.internationalfrontier.com.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility or accuracy of this release. The Company seeks Safe Harbor.


FOR FURTHER INFORMATION PLEASE CONTACT: 
International Frontier Resources Corporation
Steve Hanson
President
403-215-2781


International Frontier Resources Corporation
Pat Boswell
403-215-2781
www.internationalfrontier.com

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