/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION TO U.S.
NEWSWIRE SERVICES/
VANCOUVER, February 28 /CNW/ - Logan Resources Ltd. (the "Company") (TSXV:LGR) is pleased to announce that it has retained Earl Hope to provide investors relations services on a part-time (50%) basis for a period of twelve months, effective March 1, 2008. Mr. Hope shall be paid the sum of $3,000 per month and has been granted 100,000 incentive stock options under the Company's stock option plan. The options are exercisable at a price of $0.20 share for a period of two years and 25% of the options shall vest on dates that are three, six, nine and twelve months following the date of grant.
Mr. Hope has served over 29 years as a financial advisor with Westcoast Securities, Midland Capital Inc., and Canaccord Capital Corp.; specializing in financing, underwriting and IPOs. In addition, Mr. Hope has over eight years of investor relations experience in a number of industry sectors; including mining and oil & gas exploration.
Logan Resources Ltd. is a mineral exploration company that specializes in acquiring, exploring and advancing Canadian mineral properties. For more information on the property portfolio and the Company, please visit www.loganresources.ca, www.sedar.com and www.sec.gov websites.
Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward looking statements. Although we believe that the expectations in our forward looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.