Golden Shield Resources Inc.

Golden Shield Resources Inc. is pleased to report on progress at its 100% owned flagship, 5,457-hectare, Marudi Mountain gold project located in southwestern Guyana . The Company is pleased to announce that Reverse Circulation drilling has now commenced at Marudi North, and that 37 holes, colared on a pre-planned grid, have been completed to date . In addition, three trenches have been completed since the Company's August [...]

Golden Shield Resources Inc. is pleased to report on recent work at its flagship, 5,457-hectare, Marudi Mountain gold project located in southwestern Guyana , as well provide an update on preparations for Reverse Circulation and subsequent Diamond drilling. 1) MARUDI NORTH Surface Sampling: The Company has received assay results from grab samples taken during grid-traverse mapping, west and downslope of, the historically [...]

Golden Shield Resources Inc. is pleased to report on exploration results at its 100% owned flagship, 5,457-hectare, Marudi Mountain gold project located in southwestern Guyana . The Company is pleased to report results from mapping and geological interpretive work at the Marudi Mountain Property which was conducted by Specialized Geological Mapping. In addition, the Company reports results of the reinterpretation of a 25 [...]

Golden Shield Resources Inc. is pleased to announce that it has engaged John Martin of Surrey, British Columbia, an arm's length party to Golden Shield, to provide investor relations services for a term of six months to commence on May 1, 2023. In exchange for Mr. Martin's services, Golden Shield will pay Mr. Martin $3,000 per month, plus applicable taxes, and has issued Mr. Martin 100,000 incentive stock options pursuant [...]

Golden Shield Resources Inc. announces that it has granted a total of 2,250,000 incentive stock options to employees, officers, directors and consultants of the Company. The Options are exercisable at a price of $0.26, have a term of five years, and will vest over a period of 36 months. The Options were granted pursuant to the Company's incentive stock option plan and are subject to regulatory approval. The Company [...]

Golden Shield Resources Corp. is pleased to announce that it has closed the brokered private placement originally announced on March 22, 2023 . Pursuant to the Offering, the Company issued a total of 23,000,000 units of the Company at a price of $0.20 per Unit for gross proceeds to the Company of $4,600,000, which includes the full exercise of the Agent's over-allotment option. Each Unit consists of one common share in [...]

Golden Shield Resources Inc. is pleased to announce that in connection with the proposed private placement announced on March 22, 2023, and the upsize and repricing of the Offering announced on March 29, 2023, the Company has entered into a second amending agreement with Canaccord Genuity Corp. , to grant the Agent an option to offer up to an additional 3,000,000 units at C$0.20 per Unit . The Agent's Option is [...]

Golden Shield Resources Inc. is pleased to announce that in connection with the proposed private placement announced on March 22, 2023, the Company has entered into an amending agreement with Canaccord Genuity Corp. , to increase the size of the Offering from up to C$3.5 million to up to C$4.0 million and amend the price of the units from C$0.175 per Unit to C$0.20 per Unit . Each Unit will continue to consist of one [...]

Golden Shield Resources Inc. announced today that it has entered into an agreement with Canaccord Genuity Corp. , pursuant to which the Agent will act as an agent for the Company on a 'best efforts' agency basis in connection with a private placement of up to 20,000,000 units of the Company at a price of C$0.175 per Unit for gross proceeds to the Company of up to C$3,500,000 . Each Unit will consist of one common share in [...]

Golden Shield Resources Inc. is pleased to announce that Len Clough has joined the Company as a Strategic Advisor. Leo Hathaway, Executive Chairman of Golden Shield commented: "Len has been a supporter of Golden Shield since the Company's inception and recognizes the quality of its assets and the exploration potential they hold. His deep understanding of capital markets, wealth of expertise and important industry [...]