Northern Shield Resources Inc. announces that it has granted options to acquire a total of 6,280,000 common shares in the capital of the Company pursuant to its shareholder approved stock option plan . Options to acquire a total of 5,660,000 Common Shares were issued to Northern Shield's officers and directors, and the balance were issued to [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the second tranche of a non-brokered, private placement of 3,152,000 units for total proceeds of $204,880 . The second tranche Offering was comprised of 3,152,000 Units at a price of $0.065 per Flow-Through Unit for aggregate gross proceeds of $204,880 with each Flow-Through [...]
This news release is being disseminated as required by National Instrument 62-103 in connection with the acquisition of securities of Northern Shield Resources Inc. . Between July 18, 2023 and July 20, 2023 Russell Richards, the chair of the board of the Corporation, acquired an aggregate of 4,400,000 common shares in the capital of the [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the first tranche of a non-brokered, private placement of 3,800,000 common shares for total proceed $190,000 . The first tranche Offering was comprised of 3,800,000 units at $0.05 per unit for aggregate gross proceeds of $190,000 with each Unit consisting of one common share [...]
Northern Shield Resources Inc. is pleased to announce that the Company has received a favourable judgement from the Court of Quebec in a litigation case against the Quebec Revenue Agency. The crux of the dispute related to the non-receipt of various notices of assessment refusing significant tax credits relating to mineral resources to which the [...]
Northern Shield Resources Inc. is pleased to announce the election of Mr. Peter Dimmell, of St. John's, NL. to the Board of Directors of Northern Shield. Mr. Dimmell is a professional geologist / prospector who has been involved in mineral exploration for 54 years, mainly in eastern Canada, but also in Mexico and overseas, working with Noranda, and [...]
Northern Shield Resources Inc. is pleased to announce that it has identified what it interprets to be sub-crop of a silicified and pyritic unit that resembles the three boulders containing visible gold , previously found at the Root & Cellar Gold-Copper Project . Root & Cellar is located on the Burin Peninsula in southeastern Newfoundland. Northern [...]
Northern Shield Resources Inc. announces that, due to time restrictions, it has concluded its non-brokered, private placement . As announced in its press release of April 7, 2023, the Offering consisted of the issuance of: i) 1,500,000 units at $0.05 per unit for aggregate gross proceeds of $75,000 with each Unit consisting of one common share in [...]
Northern Shield Resources Inc. is pleased to announce that the grab rock samples collected from several target areas at Root & Cellar have returned anomalous to significant gold, silver, copper and tellurium grades. Root & Cellar is located on the Burin Peninsula in southeastern Newfoundland. Northern Shield can earn up to a 100% interest in the [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the first tranche of a multi-faceted, non-brokered private placement financing of 1,884,616 common shares on a non-flow-through and flow-through basis for total proceeds of $100,000 . The Offering was comprised of: i) 1,500,000 units at $0.05 per unit for aggregate gross [...]
Northern Shield Resources Inc. is pleased to announce that it has closed a non-brokered, private placement of 1,250,000 common shares for total proceed $62,500 . This offering is closing now due to time restrictions. However, based on continued and growing interest a new offering is intended on the same terms and conditions. The Offering was [...]
Northern Shield Resources Inc. is pleased to announce that preliminary results from the surface IP geophysical survey at its Root & Cellar Gold-Silver-Copper Property are very encouraging. Northern Shield can earn up to a 100% interest in the Property which is located on the Burin Peninsula in southeastern Newfoundland and is being explored for [...]