Northern Shield Announces Private Placement Financing

Ottawa, Ontario – March 17, 2016 – Northern Shield Resources Inc. ("Northern" or "the Company") is pleased to announce that Company has arranged a non-brokered private placement offering for aggregate gross proceeds of $300,000 though the offering may be increased to a maximum of $500,000 (the “Offering”). The securities will be offered for sale pursuant to applicable exemptions in certain provinces of Canada.