International Frontier Resources (TSE:IFR) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
International Frontier Resources Corporation (IFR) has completed the first tranche of its shares for debt transaction, converting $225,000 of debt into 4.5 million common shares at $0.05 each. A second tranche is planned to settle an additional $115,000 in debt, pending shareholder approval at an upcoming meeting. Post-transaction, IFR’s total issued and outstanding common shares number 19,455,397.
For further insights into TSE:IFR stock, check out TipRanks’ Stock Analysis page.