Northern Shield Resources Inc. is pleased to announce that, in response to further investor demand, the Company has upsized its previously announced non-brokered private placement of common share units and flow-through units of the Company for aggregate gross proceeds of $1,100,000 to $1,160,000 and that it has closed the first tranche of the Offering for aggregate gross cash proceeds of $835,000 . Under the First Tranche [...]
Northern Shield Resources Inc. is pleased to announce that it intends to undertake a non-brokered private placement financing for aggregate gross proceeds of $1,100,000 . The Offering will be comprised of: i) up to 7,000,000 common shares units at $0.05 per Unit with each Unit consisting of one common share in the capital of the Company and one Common Share purchase warrant ; and ii) up to 13,636,363 flow-through units at [...]
Northern Shield Resources Inc. is pleased to announce the results of the summer's drilling at the Conquest Zone and ongoing field work on the Creston Copper Target, both on the Company's 100%-owned Root & Cellar Property , on the Burin Peninsula, southeastern Newfoundland. The Property is being explored for epithermal gold mineralization, with 5 gold zones over a 6-kilometre strike-length, and porphyry copper at the [...]
Northern Shield Resources is pleased to provide an update on exploration at Root & Cellar Property, being explored for epithermal gold mineralization and associated porphyry copper systems, includes 5 gold-mineralized zones over a 6 km strike-length. Tellurium, a critical metal, is associated with four of the showings and also with copper mineralization. Drill Core Samples. Assays from drill core samples are still [...]
Northern Shield Resources is pleased to announce that the Company has completed a 15 hole, 3,000 m, diamond drill program at the Conquest Zone of the Root & Cellar Property, on the Burin Peninsula in southeastern Newfoundland. The Property, being explored for epithermal gold mineralization and associated porphyry copper systems, includes 5 gold mineralized zones over a 6 km strike-length. Tellurium, a critical metal, is [...]
Northern Shield Resources is pleased to announce that diamond drilling has commenced at the Company's 100% owned Root & Cellar Property. The Property is being explored for epithermal gold mineralization as well as porphyry copper and includes 5 gold zones over a 6 kilometre strike-length. Tellurium, a critical metal, is associated with four of the showings and some of the copper mineralization. Eight to 10 drill holes [...]
Northern Shield Resources announces that it has granted options to acquire a total of 2,220,000 common shares in the capital of the Company to its directors and officers and a further 210,000 to employees and consultants pursuant to its shareholder approved stock option plan. Each option entitles the holder to acquire one Common Share at an exercise price of $0.12 per Common Share until June 6, 2030. Following such grant [...]
Northern Shield Resources is pleased to announce that it has closed its previously announced non-brokered, private placement of 7,500,000 units for total proceeds of $300,000. The Offering was comprised of 7,500,000 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 for aggregate gross proceeds of $300,000. Each Warrant is exercisable [...]
Northern Shield Resources is pleased to announce that it intends to undertake a non-brokered private placement financing for aggregate gross proceeds of $300,000. The Offering will be comprised of up to 7,500,000 units through the sale and issuance of any combination of: i) common shares 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 [...]
Northern Shield Resources is pleased to announce that, in order to address regulatory timing requirements, it has closed the final tranche of a non-brokered, private placement of 5,400,000 units for total proceeds of $258,000 bringing the total raised across both tranches to $500,500. The Tranche was comprised of: i) 1,200,000 units at $0.04 per Unit with each Unit consisting of one common share in the capital of the [...]
Northern Shield Resources 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 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 flow-through [...]