Golden Shield Resources Inc. is pleased to announce that it has granted 2,500,000 stock options to directors, officers and consultants of the Company. The Options are to vest over a period of two years and are exercisable at $0.32 for a five-year term. About Golden Shield Golden Shield Resources controls the 5,457-hectare, Marudi Mountain Property located in the Rupununi District of southwestern Guyana. Forward looking [...]
Golden Shield Resources Inc. is pleased to announce that, further to its news releases dated March 9, 2026, and April 7, 2026, it has closed its final follow on tranche of its non-brokered private placement for gross proceeds of $135,000, through the issuance of 540,000 units of the Company at a price of $0.25 per Unit. The aggregate proceeds of the Offering are gross proceeds of $2,135,000 through the issuance of [...]
Golden Shield Resources Inc. is pleased to announce that, further to its news release dated March 9, 2026, it has closed its non-brokered private placement for aggregate gross proceeds of $2,000,000, through the issuance of 8,000,000 units of the Company at a price of $0.25 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant entitles the holder to acquire [...]
Golden Shield Resources Inc. is pleased to announce a non-brokered private placement whereby the Company intends issue up to 8,000,000 units at a price of CDN$0.25 per Share for total gross proceeds of up to CDN$2,000,000 . Each Unit will consist of one common share in the capital of the Company and one non-transferable common share purchase warrant . Each Warrant will be exercisable to acquire one Share at a price of [...]
Golden Shield Resources Inc. is pleased to announce that it has closed its over-subscribed financing through the issuance of 6,596,333 common shares of the Company at a price of $0.15 per Share, for gross proceeds of $989,450. No finder's fees were paid on the Financing. The Company intends to use the net proceeds from the Offering corporate and general working capital purposes, as well as for exploration expenditures at [...]
Golden Shield Resources Inc. is pleased to announce that it intends to complete a non-brokered private placement for total proceeds of up to $975,000, consisting of up to 6,500,000 common shares of the Company at a price of $0.15 per Share. The Company intends to use the net proceeds from the Offering for exploration expenditures at the Company's Marudi Mountain Property, as well as corporate and general working capital [...]
]Golden Shield Resources has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 6,602,849 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on April 17 [...]
Golden Shield Resources is pleased to provide an update on its 100% owned flagship, 5,457-hectare Marudi Mountain gold project located southwestern Guyana project as well as the Company's corporate initiatives. Marudi Mountain Gold Project Update Golden Shield has noted increased activity by miners operating within the Mazoa Hill Special Mining Permit, that is located within the Marudi Mountain Property. The MHSMP was [...]
Golden Shield Resources reports that it has terminated negotiations in respect of the potential acquisition of Tucano Gold Inc. Golden Shield will focus its efforts on advancing its flagship property, the 5,457-hectare Marudi Mountain gold project. The Marudi property covers a high-grade gold camp on which a total of 50,350m of diamond drilling has been carried out, with Mazoa Hill representing the principal deposit where [...]
Golden Shield Resources Executive Chairman Leo Hathaway joined Steve Darling from Proactive to announce a strategic move for the company. Golden Shield Resources has entered into a non-binding letter of intent with Tucano Gold to acquire all issued and outstanding securities of Tucano Gold in exchange for securities in Golden Shield Resources. This acquisition positions Golden Shield Resources to benefit from continued [...]
Golden Shield Resources is pleased to announce that it has entered into a non-binding letter of intent dated July 22, 2024 with Tucano Gold Inc. pursuant to which the Company will acquire of all the issued and outstanding securities of Tucano Gold in exchange for securities in the Company. Golden Shield's Executive Chairman, Leo Hathaway commented, "This transaction provides Golden Shield with continued exposure to the [...]
Key Highlights: Diamond drilling at Mazoa Hill confirms high-grade gold: 4.16 g/t gold over 23m, including 7.01 g/t gold over 11m. Diamond drilling at Pancake Creek hits 25m grading 3.01 g/t gold from surface. Diamond drilling of newly discovered shear zone at Pancake Creek returns numerous anomalous intercepts. Golden Shield Resources Inc. is pleased to announce final results from its diamond drilling campaign at the [...]