VANCOUVER, Sept. 28 /CNW/ - Logan Resources Ltd. (TSXV-LGR) today announced the grant of 825,000 stock options to its directors under the Company's incentive stock option plan. The options are exercisable at a price of $0.45 per share for a period of two years, and are subject to a four-month hold period.
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. 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
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.