Northern Shield Resources Inc. is pleased to announce that it has closed the second and last tranche of a non-brokered, private placement of 3,000,000 units for total proceeds of $150,000 bringing the total raised so far in this Offering to $400,000. The Offering was comprised of 3,000,000 flow-through units at a price of $0.05 per Flow-Through [...]
Northern Shield Resources Inc. is pleased to announce that it intends to undertake a non-brokered private placement financing for aggregate gross proceeds of $400,000 . The Offering is comprised of 10,000,000 units at $0.04 per Unit with each Unit consisting of one common share in the capital of the Company and one Common Share purchase warrant [...]
Northern Shield Resources Inc. is pleased to provide additional details on the terms of its recent offering of flow-through units due to requests and market interest. The non-brokered private placement , the first tranche of which was closed for aggregate gross proceeds of $250,000 , is intended to raise in aggregate up to $1.0 million at a price [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the first tranche of a multi-faceted, non-brokered, private placement of 5,000,000 units for total proceeds of $250,000 . The Offering was comprised of 5,000,000 flow-through units at a price of $0.05 per Flow-Through Unit for aggregate gross proceeds of $250,000 with each [...]
Northern Shield Resources Inc. announces that the Company intends to extend the exercise period of a total of 6,605,385 common share purchase warrants, 4,100,000 of which are exercisable at $0.10 per common share and 2,505,385 of which are exercisable at $0.125 per common share . The Warrants were issued pursuant to a private placement which closed [...]
Northern Shield Resources Inc. is pleased to announce results from the recently completed trenching / prospecting program at the Conquest Zone, Root & Cellar Property , on the Burin Peninsula in southeastern Newfoundland. The Property is being explored for epithermal gold mineralization and associated porphyry copper systems and includes 5 gold [...]
Northern Shield Resources Inc. is pleased to announce that trenching has uncovered outcrop containing visible gold in the Conquest Zone at the Root & Cellar Property , located on the Burin Peninsula in southeastern Newfoundland. The Property is being explored for epithermal gold mineralization and associated porphyry copper systems and includes 5 [...]
Northern Shield Resources Inc. is pleased to announce that the Company has earned a 100% interest in the Root & Cellar property , located on the Burin Peninsula in southeastern Newfoundland. As per the terms of the option agreement signed in May 2019, prospector and original Property owner, Jeffery Brushett retains a 2.5% NSR of which 1% can be [...]
Northern Shield Resources Inc. is pleased to announce that the Company has received certain refunds pertaining to its 2017 and 2018 Quebec Tax Return and Mining Tax Return. The total amount returned to the Company to date, including interest, amounts to $702,781. A further refund of approximately $70,000 is expected very shortly. In 2023, the Court [...]
Northern Shield Resources Inc. is pleased to provide an update on the Root & Cellar Property, , located on the Burin Peninsula in southeastern Newfoundland. The Property is being explored for epithermal gold mineralization and porphyry copper and includes 5 gold zones over a 6-kilometer strike-length. Tellurium, a critical metal, is associated with [...]
Northern Shield Resources Inc. is pleased to announce that it has closed a non-brokered, private placement of 1,000,000 units for total proceeds of $50,000 . The Offering was comprised of 1,000,000 flow-through units at a price of $0.05 per Flow-Through Unit for aggregate gross proceeds of $50,000 with each Flow-Through Unit consisting of one [...]
Northern Shield Resources Inc. is pleased to provide the results of a scout diamond drilling program at Root & Cellar , including 10.4 g/t Au over 1.5 metres. Root & Cellar is located on the Burin Peninsula in southeastern Newfoundland and offers easy access for exploration work programs. The Company can earn up to a 100% interest in the Project [...]
