Logan Resources Ltd.

Logan Resources Ltd.

April 06, 2006 11:02 ET

Logan Resources Increases Non-Brokered Portion of Private Placement by 500,000 Units

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 6, 2006) - Logan Resources Ltd. (the "Company") (TSX VENTURE:LGR)(PINK SHEETS:LGREF) today announced that it has increased the size of the non-brokered portion of the private placement announced on March 28, 2006 by 500,000 non-flow through units (the "Units"). The Company will now issue up to 1,000,000 non-brokered Units for total gross proceeds of up to $500,000.

Each Unit is priced at $0.50 per non-flow through unit. Each Unit shall consist of one common share and one half of one transferable common share purchase warrant, with each whole such warrant exercisable into one common share of the Company for a period of 18 months from the closing date at a price of $0.70. A 10% finder's fee will be attached to the non-brokered financing payable in cash or common shares.

The private placement is subject to TSX Venture Exchange acceptance. All securities issued pursuant to the private placement will be subject to a four-month hold period from the closing date.

Proceeds from the non flow-through units will be used for working capital and general exploration.

Logan Resources specializes in acquiring and developing early-stage exploration properties with the potential to yield world-class deposits. The Company is currently exploring for copper, gold and uranium in the Yukon Territory, British Columbia and Saskatchewan. For more information on the properties and the Company, please visit www.loganresources.ca, www.sedar.com and www.sec.gov websites.


Seamus Young, President, CEO

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, uncertainties 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.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Warning: The Company relies upon litigation protection for "forward looking" statements.

The TSX Venture has neither approved nor disapproved the information contained herein.

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