Edge Resources Inc.

Edge Resources Inc.

March 26, 2010 17:05 ET

Edge Resources Announces Issuance of Stock Options

CALGARY, ALBERTA--(Marketwire - March 26, 2010) - Edge Resources Inc. (TSX VENTURE:EDE) (the "Corporation") announced today that it has granted incentive stock options for a total of 400,000 common shares of the Corporation at a price of $0.30 per share for a period of five years, under the formal stock option plan approved at the Annual General Meeting held on July 20, 2009, subject to regulatory approval, to certain directors, officers and employees of the Corporation. A maximum of 10% of the issued shares are reserved for issuance for the Corporation's Stock Option Policy. The options are subject to a four month and one day hold period expiring July 26, 2010.

About Edge Resources Inc.

Edge is focused on the development of natural gas from the Edmonton Sands group of formations, a conventional, shallow gas group of reservoirs located in Central Alberta, Canada. The Edmonton Sands ranks as one of the lowest-cost natural gas plays in North America. The Management Team's very high success rate is based on the safe, efficient deployment of capital and a proven ability to efficiently execute in shallow gas, specifically the Edmonton Sands, which gives Edge a sustainable, low-cost, competitive advantage.

The Alberta Government estimates that there is 44 trillion cubic feet ("TCF") of non-producing, shallow natural gas in Alberta. Edge' management team has evaluated over 20,000 sections of land and has identified over 200 "five-star" sections. The Edge's development program focuses primarily on pursuing these highly prospective opportunities.

Trading in the securities of Edge Resources Inc. should be considered highly speculative.

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.

Contact Information