New listing -- shares

Effective at the opening, Tuesday, July 18, 2023, the shares of the company will commence trading on the TSX Venture Exchange. The company is classified as an oil and gas exploration development company.

On June 20, 2023, pursuant to a conveyance agreement, Spartan Delta Corp. transferred certain oil and gas assets in the Pouce Coupe and Simonette areas of northwest Alberta and the Flatrock area of northeast British Columbia to Logan Energy Corp. Logan issued 173,201,341 shares and 173,201,341 warrants to Spartan shareholders. The warrants are exercisable for one additional company share at 35 cents per share until July 31, 2023.

The company's listing application dated July 12, 2023, has been filed with and accepted by the TSX Venture Exchange.

Of the shares, 71,029,030 common shares issued to principals are subject to a Tier 1 value security escrow agreement to be released over an 18-month period upon listing.

Private placement -- non-brokered

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement of Logan units announced by Spartan on March 28, 2023.

Number of shares:  64,286,100 shares

Purchase price:  35 cents per share

Warrants:  64,286,100 share purchase warrants to purchase 64,286,100 shares

Warrant exercise price:  35 cents for a five-year period

Number of placees:  62 placees

Total existing insider involvement:  29,425,995 (12 insiders)

Private placement -- non-brokered

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement of Logan shares announced by Spartan on March 28, 2023.

Number of shares:  74,259,080 shares

Purchase price:  35 cents per share

Number of placees:  271 placees

Total existing insider involvement:  30,570,100 (11 insiders)

Corporate jurisdiction:  Alberta

Capitalization:  unlimited common shares with no par value, of which 311,746,522 common shares are issued and outstanding

Escrowed shares:  71,029,030 common shares

Transfer agent:  Odyssey Trust Company

Trading symbol:  LGN (new)

Cusip No.:  540899 10 1 (new)