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Northern Shield Closes Private Placement for Gross Proceeds of $712,000

Northern Shield Closes Private Placement for Gross Proceeds of $712,000

Ottawa, Ontario (September 29, 2020 – Northern Shield Resources Inc. (“Northern Shield” or the “Company”) [TSX-V: NRN] is pleased to announce that it has closed the second and final tranche of a multi-faceted, non-brokered private placement financing for $412,000 (the “Offering”) bringing the aggregate proceeds from both tranches to $712,000 (see press release dated September 28, 2021 for terms the first tranche).

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