International Frontier Resources Corporation and Kinjal Corporation Announce Upsize of Brokered Equity Financing to C$40 Million

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International Frontier Resources (IFR) and Kinjal have increased the size of their brokered private placement offering to C$40 million due to strong investor demand. — Increased offering size driven by demand indicates strong market appetite for the company's strategy and provides significant liquidity for growth.
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IFR is set to acquire all outstanding shares of Kinjal via a reverse takeover (RTO) concurrent with the acquisition of several Mexican oil and gas assets. — An RTO combined with asset acquisition transforms the company's operational scale and provides a clear path to becoming a producing entity.
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Kinjal is finalizing a US$30 million debt facility with Summit Ridge Capital Partners to fund the acquisition of the Misión field operatorship. — Securing institutional debt financing validates the asset's quality and ensures the company can execute its primary acquisition target.
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