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Northern Shield Announces Non-Brokered Private Placement of Subscription Receipts
Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSXV: NRN) is pleased to announce a strategic non-brokered private placement with...
About this update from Northern Shield Resources Inc.
[{"type":"text","content":"/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/","length":99,"tagName":"p","attribs":{}},{"type":"text","content":"OTTAWA, ON, Dec. 8, 2025 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSXV: NRN) is pleased to announce a strategic non-brokered private placement with Labrador Gold Corp. (TSXV: LAB) ("LabGold"), whereby LabGold will subscribe for 16,666,667 subscription receipts of the Company ("Subscription Receipts") at a price of $0.06 per Subscription Receipt for aggregate gross proceeds of $1,000,000 (the "Offering").","length":503,"tagName":"p"},{"type":"image","alt":"logo (CNW Group/Northern Shield Resources Inc.)","displaySize":"","headline":null,"caption":"logo (CNW Group/Northern Shield Resources Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":198,"height":153,"url":"https://media.zenfs.com/en/cnwgroup.com/51e891ad23eaa99ecfe1d4fe5a504fd2"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/qZ.XMupAS5_0AwKyLzYEuA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTI3ODtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/51e891ad23eaa99ecfe1d4fe5a504fd2","width":198,"height":153}},"href":"https://mma.prnewswire.com/media/2840120/Northern_Shield_Resources_Inc__Northern_Shield_Announces_Non_Bro.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""We are very pleased with the proposed investment partnership with Labrador Gold and are also proud that we will be their first investment as an investment issuer. Under the leadership of Mr. Roger Moss, LabGold has a successful track record in Newfoundland and Labrador by implementing a systematic exploration strategy that ultimately led to the buyout of their Kingsway project by NewFound Gold. Roger has recognized that traditional financings for early-stage greenfield projects, where the big discoveries are usually made, are disappearing and the proposed transition to a hybrid mining/investment issuer is timely and fits well with Northern Shield's innovative thinking. ","length":697,"tagName":"p"},{"type":"text","content":"There is continuing, and increasing, interest in the potential for porphyry copper/gold systems in the Avalon Terrane in Newfoundland, as exemplified at the Mineral Resou...