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To: Goose94 who wrote (3719)1/13/2014 9:25:22 AM
From: Goose94Respond to of 203330
 
Shield Gold (SHG-V) announces the closing and over-subscription of its PP

Jan 13, 2013 - News Release

Shield Gold Inc. is pleased to announce that it has closed its non-brokered private placement previously announced on December 5, 2013. The initial intent was to raise up to $440,000, but gross proceeds of $475,999.96 were ultimately realized in the Offering which, upon completion, consisted of 3,758,833 Flow-Through Units at a price of $0.12 per FT Unit and 250,000 non-flow-through Units at a price of $0.10 per Unit.

Each FT Unit is composed of one flow-through common share in the capital of the Corporation and one-half of one common share purchase warrant. Each (non-flow-through) Unit is composed of one common share in the capital of the Corporation and one common share purchase warrant. Each FT Warrant will entitle the holder to acquire an additional common share at an exercise price of $0.20 per share for a period of 24 months from the date of issuance. Each Warrant will entitle the holder to acquire an additional common share at an exercise price of $0.18 per share for a period of 24 months from the date of issuance. All securities issued in the Offering are subject to a hold period of 4 months and one day. Post-Offering the Corporation has 42,429,819 shares issued and outstanding (61,563,982 fully diluted).

The Company paid finders’ fees of $36,000 and issued 306,666 finders’ warrants. Each finders’ warrant is exercisable for one Unit at an exercise price of $0.12 for a period of 24 months from the date of issuance.

The proceeds from the Offering will be used to commence Shield’s 2014 program on its graphite properties in Québec.



About Shield Gold Inc.: Shield is a junior exploration company involved in the discovery and development of high quality mineral resources. The Company’s graphite exploration programs are located in the Buckingham and Lochaber Townships of southwestern Québec. The Company has also entered into option and joint venture agreements with Eloro Resources Inc. on the Summit-Gaber property located in the La Grande Greenstone Belt in the James Bay region of Québec. Further information regarding Shield can be found on the Company’s website at: www.shieldgold.com.



For more information, please contact:

Paul A. Gorman, CEO Paul R. Ankcorn, CFO

Tel.: 416-768-6101 Tel: 416-414-9171

Email: pgorman@shieldgold.com E-mail: pankcorn@bellnet.ca



To: Goose94 who wrote (3719)2/5/2014 9:06:36 AM
From: Goose94Read Replies (1) | Respond to of 203330
 
Shield Gold Inc. to Change Name to Great Lakes Graphite Inc.

Jan 5, 2014 - News Release

Shield Gold Inc. (SHG-V) is pleased to announce that the Board of Directors of the Company has approved the change of name of the Company from Shield Gold Inc. to Great Lakes Graphite Inc., subject to regulatory and shareholder approvals. In connection with the proposed name change, effective immediately, the Company will begin operating under the trade name "Great Lakes Graphite". The Company has also adopted a new identity and redesigned Web site at: www.greatlakesgraphite.com. Paul Gorman, CEO, commented, "The Company's proposed name change to Great Lakes Graphite is the culmination of a process that has been underway now for the past two years. Over that time, the Company has reprioritized efforts to focus increasingly on the graphite property assets in our portfolio."

About Shield Gold Inc.: Shield is a junior exploration company involved in the discovery and development of high quality mineral resources. The Company's graphite exploration programs are located in the Buckingham and Lochaber Townships of southwestern Québec. The Company has also entered into option and joint venture agreements with Eloro Resources Inc. on the Summit-Gaber property located in the La Grande Greenstone Belt in the James Bay region of Québec. Further information regarding Shield and the proposed name change can be found on the Company's website at: www.shieldgold.com.

The Company trades with symbol SHG on the TSX Venture Exchange and currently has 42,504,819 shares outstanding (61,638,982 fully diluted).

For more information, please contact:

Paul A. Gorman, CEO Paul R. Ankcorn, CFO
Tel.: 416-768-6101 Tel: 416-414-9171
Email: pgorman@greatlakesgraphite.com E-mail: pankcorn@bellnet.ca
pgorman@shieldgold.com