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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (1541)6/14/2013 2:35:04 PM
From: Goose94Read Replies (2) of 202825
 
Shield Gold (SHG-V) to increase placement to up to 12 million units from 10 million units

June 13, 2013 - News Release

Shield Gold Inc.'s board of directors has approved increasing the recently announced non-brokered private placement offerings of: up to 10 million units (details announced May 30, 2013), to up to 12 million units; and up to two million flow-through units (details announced May 31, 2013), to up to four million flow-through units. All securities issued by the offerings will be subject to a hold period of four months plus one day. The offerings are subject to regulatory approval. Net proceeds from the units will be used to develop additional graphite exploration and technology opportunities for the company and finance corporate overhead. Net proceeds from the flow-through units will be used to finance exploration of the company's graphite prospects in the Buckingham and Lochaber townships of southwestern Quebec.

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