Logan Resources Ltd. (TSX VENTURE:LGR) ("Logan") is pleased to announce the
completion of a consolidation of the Company's common shares ("Common Shares").
At the annual general and special meeting of shareholders held on May 29, 2012
(the "Meeting"), Logan Shareholders approved a consolidation of the Common
Shares on the basis of one post-consolidation Common Share for every four
pre-consolidation Common Shares. Logan will not issue any fractional Common
Shares as a result of the consolidation. Instead, all fractional shares will be
rounded down and cancelled. The consolidation was made effective on May 29, 2012
and the Common Shares will begin trading on the TSX Venture Exchange on a
post-consolidation basis on or about June 1, 2012. Letters of transmittal will
be mailed to shareholders to use to exchange their pre-consolidation Common
Shares for post-consolidation Common Shares. A copy of the letter of transmittal
will be filed on the Company's SEDAR profile at www.sedar.com.


About Logan

Logan Resources Ltd. is a mineral exploration company that specializes in
acquiring, exploring and advancing Canadian mineral properties. Logan has a
diversified portfolio of precious metal, base metal and uranium projects. For
more information on the property portfolio and Logan, please visit
www.loganresources.ca.


LOGAN RESOURCES LTD.

On behalf of the Board

Adrian Bray, President & CEO

Cautionary Note Regarding Forward-Looking Information

Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other similar
expressions. Forward-looking statements in this document include, but are not
limited to, statements about the exploration of Logan's properties and the
completion of the Consolidation. By their nature, forward-looking statements
involve known and unknown risks, uncertainties and other factors which may cause
Logan's actual results, performance or achievements, or other future events, to
be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include,
among others, the following risks: the need for additional financing;
operational risks associated with mineral exploration; fluctuations in commodity
prices; title matters; environmental liability claims and insurance; reliance on
key personnel; the potential for conflicts of interest among certain officers,
directors or promoters with certain other projects; the absence of dividends;
competition; dilution; the volatility of Logan's common share price and volume
and the additional risks identified in the management discussion and analysis
section of Logan's interim and most recent annual financial statements or other
reports and filings with the TSX Venture Exchange and applicable Canadian
securities regulations. Although Logan has attempted to identify important
factors that could cause actual actions, events or results to differ materially
from those described in the forward-looking statements, there may be other
factors that cause actions, events or results not to be as anticipated,
estimated or intended. Forward-looking statements are made based on management's
beliefs, estimates and opinions on the date that statements are made and Logan
undertakes no obligation to update forward-looking statements if these beliefs,
estimates and opinions or other circumstances should change, except as required
by applicable securities laws. Investors are cautioned against attributing undue
certainty to forward-looking statements.


Grafico Azioni Logan Resources Ltd. (TSXV:LGR)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Logan Resources Ltd.
Grafico Azioni Logan Resources Ltd. (TSXV:LGR)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Logan Resources Ltd.