Edge Resources Inc. - 2011-09-21

The company has signed an agreement to purchase 175 BOE/day of Edmonton Sands production for the purchase price of $1.8 million or $10,286/boe. The transaction has an effective date of April 1, 2011.

Commensurate with the closing, the company's current lending institution, Canadian Western Bank, has agreed to increase the company's existing credit facility by an additional $650,000.