Northern Shield Grants Stock Options
Northern Shield Grants Stock Options
OTTAWA, ON
,
June 6, 2025
/CNW/ - Northern Shield Resources Inc. ("
Northern Shield
" or the
"
Company
") (TSXV: NRN) announces that it has granted options to acquire a total of 2,220,000
common shares in the capital of the Company ("
Common Shares
") to its directors and officers and
a further 210,000 to employees and consultants pursuant to its shareholder approved stock option
plan (the "
Stock Option Plan
"). Each option entitles the holder to acquire one Common Share at an
exercise price of
$0.12
per Common Share until
June 6, 2030
. Following such grant, Northern Shield
now has outstanding under its Stock Option Plan, options to acquire Common Shares equal to just
under 8% of Northern Shield's currently outstanding Common Shares.
About Northern Shield Resources
Northern Shield Resources Inc. is a Canadian-based company known as a leader in generating high-
quality exploration targets that views greenfield exploration as an opportunity to find a mineable
deposit, near surface, and at relatively low cost. We implement a model driven exploration approach
to reduce the risk associated with early-stage projects for ourselves, our shareholders, and the
environment. This approach led us to option the Root & Cellar Property from a Newfoundland
prospector, who discovered the mineralization, and then its advancement to a large gold-silver-
tellurium system.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE
Northern Shield Resources Inc.
View original content:
http://www.newswire.ca/en/releases/archive/June2025/06/c2619.html
%SEDAR: 00007505E
For further information:
Northern Shield Resources Inc., Ian Bliss, President and CEO, Tel.: (613)
232-0459, Fax: (613) 232-0760, [email protected]
CO: Northern Shield Resources Inc.
CNW 17:54e 06-JUN-25