International Frontier Resources Secures New Funding

International Frontier Resources (TSE:IFR) has released an update.

International Frontier Resources Corporation is advancing a $750,000 funding initiative through the sale of 15 million units at $0.05 each, which includes common shares and half-warrant entitlements, potentially accelerating if stock prices rise. The proceeds are aimed at covering general expenses and working capital needs, with an additional 15% unit option available to the agent facilitating the offering.

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