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Logan Energy Corp(LGN-X)
TSX Venture

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LOGAN ENERGY CORP. ANNOUNCES EXTENSION OF EXERCISE TERM FOR COMMON SHARE PURCHASE WARRANTS

Newswire.ca - Tue Aug 1, 2023

CALGARY, AB, Aug. 1, 2023 /CNW/ - Logan Energy Corp. ("Logan" or the "Company") (TSXV: LGN) is pleased to announce that the Company is extending the expiration date of the unlisted common share purchase warrants (the "Transaction Warrants") originally issued pursuant to a warrant indenture dated June 20, 2023 (the "Issuance Date") between the Company and Odyssey Trust Company ("Odyssey") in connection with the spin-out of the early stage Simonette, Pouce Coupe and Flatrock assets of Spartan Delta Corp. ("Spartan") to the Company. The board of directors of Logan has made this decision to extend the expiry date of the warrants to give financial intermediaries additional time to process and submit required documentation with respect to exercise of the Transaction Warrants.

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