Edge Resources Inc.
TSX VENTURE : EDE

Edge Resources Inc.

February 04, 2011 15:00 ET

Edge Resources Announces Issuance of Stock Options

CALGARY, ALBERTA--(Marketwire - Feb. 4, 2011) - Edge Resources Inc. (TSX VENTURE:EDE) (the "Corporation") announced today that it has granted incentive stock options for a total of 1,200,000 common shares of the Corporation at a price of $0.36 per share (with respect to 1,000,000 of the options) and $0.30 per share (with respect to 200,000 of the options) all for a period of five years, under the formal stock option plan approved at the Annual General Meeting held on August 31, 2010, 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 from the date of grant. 

About Edge Resources Inc.

Edge Resources is focused on the exploration, development and production of oil and natural gas, most prominently from the Edmonton Sands group of formations, a conventional, shallow gas group of reservoirs located in Central Alberta, Canada. 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 formations, which gives Edge Resources 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 Resources' management team has evaluated over 20,000 sections of land and has identified over 200 "five-star" sections. 

Visit the company website for more information: www.edgeres.com.

Brad Nichol, President & Director

EDGE RESOURCES INC.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings which are available at www.sedar.com.

This news release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

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.

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