Vancouver, BC, October 5, 2009 - Logan Resources Ltd. (TSXV:LGR) (the "Company") today announced that it has closed the second and final tranche of a non-brokered private placement and has issued 600,000 units at a price of $0.05 per Unit for gross proceeds of $30,000. Each unit is comprised of one common share and one-half of one share purchase warrant (a "Warrant"). Each whole Warrant is exercisable at a price of $0.10 per share for a period of two years. The common shares and the shares to be issued upon exercise of the Warrants are subject to a hold period until February 1, 2010.

The proceeds from the Offering will be used for general working capital.

Logan Resources Ltd. is a mineral exploration company that specializes in acquiring, exploring and advancing Canadian mineral properties. The Company has a diversified portfolio of precious metal, base metal and uranium projects. For more information on the property portfolio and the Company, please visit www.loganresources.ca, www.sedar.com and www.sec.gov websites.

ON BEHALF OF THE BOARD

"Seamus Young"
Seamus Young
President and CEO