Mr. Richard McHardy reports

LOGAN ENERGY CORP. ANNOUNCES EXTENSION OF EXERCISE TERM FOR COMMON SHARE PURCHASE WARRANTS

Logan Energy Corp. is extending the expiration date of the unlisted common share purchase warrants originally issued pursuant to a warrant indenture dated June 20, 2023, between the company and Odyssey Trust Company in connection with the spinout of the early stage Simonette, Pouce Coupe and Flatrock assets of Spartan Delta Corp. to the company. The board of directors of Logan has made this decision to extend the expiry date of the warrants to give financial intermediaries additional time to process and submit required documentation with respect to exercise of the transaction warrants.

The transaction warrants, originally set to expire on July 31, 2023, will now expire at 5 p.m. MT on Aug. 14, 2023.

For more information on the exercise of the transaction warrants, holders may contact Odyssey at:

• Odyssey Trust Company;
• 1230, 300 -- 5th Ave. SW;
• Calgary, Alta., T2P 3C4;
• Attention: corporate trust department;
• E-mail: corptrust@odysseytrust.com.

Additional information regarding the terms of the transaction warrants can be found in the company's filing statement, which is available on the company's SEDAR+ profile.

About Logan Energy Corp.

Logan is a growth-oriented exploration, development and production company formed through the spinout of Spartan's Montney assets. Logan is founded with strong initial capitalization and three high-quality and opportunity-rich Montney assets. The management team brings proven leadership and record of generating excess returns.

We seek Safe Harbor.