Ottawa, Ontario (May 11, 2016) - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is pleased to announce that 2,000,000 warrants issued as part of the Private Placement announced on April 7^th and April 12^th have been exercised at a price of $0.05 for proceeds of $100,000.  The Common Shares issued on exercise of the Warrants are still subject to a hold period ending four months from the date of original issuance.