Northern Shield Resources Inc. is pleased to announce that it has closed the first tranche of a multi-faceted, non-brokered, private placement of 5,975,000 units for total proceeds of $242,500 . The Offering was comprised of i) 5,625,000 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 for gross proceeds of $225,000 with each Warrant [...]
Northern Shield Resources Inc. is pleased to announce that it intends to add a flow-through unit component to its current non-brokered private placement financing first announced in a press release dated March 3, 2025 . The flow-through component will be comprised of flow-through units at $0.05 per Flow-Through Unit. Each Flow-Through Unit will consist of one common share in the capital of the Company issued on a [...]
Northern Shield Resources Inc. announces that the Company intends to extend the exercise period of a total of 3,012,308 common share purchase warrants, 2,750,000 of which are exercisable at $0.10 per common share and 262,308 of which are exercisable at $0.125 per common share . The Warrants were issued pursuant to two tranches of a private placement which closed on March 21st and April 7th 2023. The Company proposes to [...]
Northern Shield Resources Inc. is pleased to announce that it intends to undertake a non-brokered private placement financing for aggregate gross proceeds of $600,000 . The Offering will be comprised of 15,000,000 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 . Each Warrant is exercisable for one Common Share at a price of $0.10 [...]
This news release is being disseminated as required by National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues On January 15, 2025, Mr. Russell Richards acquired control and direction over an additional 2,500,000 common shares in the capital of Northern Shield Resources Inc. pursuant to a non-brokered private placement of units at a price of $0.04 per Unit , with each [...]
Northern Shield Resources Inc. announces that due to regulatory filing timelines, it has closed the non-brokered private placement financing announced on December 11, 2024, for gross proceeds of $100,000 . The Offering consisted of 2,500,000 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 . Each Warrant is exercisable for one Common [...]
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 Unit for aggregate gross proceeds of $250,000 with each Flow-Through Unit [...]
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 . Each whole Warrant is exercisable for one Common Share at a price of $0.10 [...]
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 of $0.05 per Flow-Through Unit with each unit consisting of one Common Share [...]
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 Flow-Through Unit consisting of one Common Share issued on a flow-through [...]
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 on November 24, 2022. The Company proposes to extend the expiry dates for [...]
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 zones over a 6-kilometre strike-length. Tellurium , a critical metal, is [...]