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Re: News - Thursday, October 11, 2007
Logan Resources Extends Term on Share Purchase Warrants
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Thursday, October 11, 2007 - Logan Resources Ltd. (TSXV:LGR) (the
"Company") today announced that it intends to extend for a period of
six months the exercise period of 4,250,000 outstanding share purchase
warrants, which are due to expire on October 25, 2007 (as to 3,750,000
warrants), and November 1, 2007 (as to 500,000 warrants). The affected
warrants were issued pursuant to a private placement completed in April
and May 2006. The $0.70 exercise price of the warrants will remain
unchanged. The warrant extension is subject to the acceptance of the
TSX Venture Exchange.
Logan Resources Ltd. is a mineral exploration company that specializes
in acquiring, exploring and advancing Canadian mineral properties
prospective for precious metals, base metals and uranium. The Company
is waiting for diamond drill assay results from its Shell Creek copper
project as well as the Heidi gold project. Results will be released
when they are received, verified and compiled. For more information on
the projects and the Company, please visit www.loganresources.ca,
www.sedar.com and www.sec.gov websites.
ON BEHALF OF THE BOARD
"Seamus Young"
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Seamus Young
President and CEO
For further information contact:
Logan Resources Ltd.
Seamus Young
604-689-0299 x223
The RAYA Group
Toll-free: 1-877-626-2121
This news release does not constitute an offer to sell or a
solicitation of an offer to sell any of the securities in the United
States. The securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be offered or
sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or
an exemption from registration is available.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
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Copyright (c) 2007 LOGAN RESOURCES LTD. (LGR) All rights reserved.
For more information visit our website at http://www.loganresources.ca/
or send mailto:info@loganresources.ca
Message sent on Thu Oct 11, 2007 at 3:52:02 PM Pacific Time
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