Logan Resources Ltd. (TSX VENTURE:LGR) ("Logan" or the "Company") announces the
termination of the Option Agreement dated between the Company and Inform
Resources Corp. ("Inform"), dated October 6, 2011 and amended and restated on
November 22, 2012 (the "Option Agreement"), pursuant to which Logan granted
Inform an option to acquire up to an 80% interest in the Heidi Property. As a
result, Logan will retain its 100% interest in the Heidi Property located
northeast of Dawson City, Yukon. With the termination of the Option Agreement,
Logan will now evaluate its strategic options with respect to the Heidi
Property.


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. All statements, other than statements of historical fact, included
herein including, without limitation; statements about the advancement of the
Company's mineral properties are forward-looking statements. By their nature,
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause our 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; issues in obtaining required permits;
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 our common share price and volume and the additional
risks identified in the management discussion and analysis section of our
interim and most recent annual financial statements or other reports and filings
with applicable Canadian securities regulators. 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.


Neither the 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, and no securities
regulatory authority has either approved or disapproved of the contents of this
release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Logan Resources Ltd.
JJ Jennex
Investor Relations
604-681-8030 x 240
www.loganresources.ca

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.