Feb 23, 2010
North Sea Corporate Sale
International Frontier Resources Corporation ("IFR" or the "Company" -- TSX-V) reported today that the Company has entered into a Letter of Intent to sell 100% of the issued share capital of its wholly owned U.K. subsidiary, Britcana Energy Ltd, to a U.K. based international oil and gas company ("Purchaser"). The price for the shares will be five million US Dollars ($5,000,000) to be satisfied at the times and subject to satisfaction of the following conditions.
For additional information please visit www.internationalfrontier.com or contact;
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." This news release includes forward looking statements for which the Company seeks Safe Harbor
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