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Re: Corporate News - Tuesday, October 14, 2008
Logan Resources Announces New Appointments to Board of Directors
and Changes to Management
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Vancouver, BC -- October 14, 2008 -- Logan Resources Ltd. (TSXV: LGR)
("Logan") is pleased to announce that Mr. James Stewart and Mr. Shaun
Maskerine have been appointed to Logan's Board of Directors. Mr.
Stewart has also been appointed President of Logan, while Mr. Maskerine
has been appointed as its Chief Executive Officer. In order to
facilitate these appointments, Mr. Seamus Young has resigned as Logan's
President and Chief Executive Officer and Ms. Judith Mazvihwa has
agreed to resign as a director. Mr. Young has been appointed as
Chairman of the Board of Directors of Logan and will continue to be
involved in Logan's exploration activities.
Mr. Stewart is an accomplished lawyer who has practiced law in both
private practice and as corporate counsel since 1984. He has extensive
experience in the fields of mining, corporate finance and securities
law. Mr. Stewart has served as a director or senior officer for
numerous public companies in addition to being involved in mineral
exploration and development projects throughout North, Central and
South America, Africa and Australia.
Mr. Maskerine has considerable experience in the structuring and
administration of public resource companies. He has been involved in
venture capital and public companies for over 12 years and in that time
has held a number of senior management and board positions. Mr.
Maskerine is a director of Waratah Coal Inc., an Australian coal
exploration company and was most recently Vice President, Investment
Banking at a Vancouver based natural resource group.
Mr. Young has been President and CEO of Logan since 1992 and since that
time has assembled an excellent portfolio of highly prospective mineral
resources properties throughout Canada. Mr. Stewart and Mr. Maskerine
are excited about the potential of these projects and both look forward
to working with Mr. Young to move them forward. In the short to medium
term, Logan will focus its efforts on further exploration and
development of its Brynnor Iron Deposit on Vancouver Island. The
initial NI 43.101 compliant resource estimate and preliminary
assessment for this 100% owned project was announced on September 9,
2008.
Logan Resources Ltd. is a mineral exploration company that specializes
in acquiring, exploring and advancing early-stage Canadian mineral
properties. For more information on Logan and its diversified property
portfolio, please visit www.loganresources.ca, www.sedar.com and
www.sec.gov websites.
For further information please contact:
Seamus Young, Chairman or Shaun Maskerine, Chief Executive Officer at
(604) 689-0299
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.
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Copyright (c) 2008 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 Tue Oct 14, 2008 at 6:01:35 AM Pacific Time
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