Northern Shield Receives $1M Proceeds from LabGold Subscription Receipt Financing

Northern Shield Receives $1M Proceeds from LabGold Subscription Receipt Financing Ottawa, Ontario (February 27, 2026) - Northern Shield Resources Inc. (“Northern Shield” or the “Company”) [TSX-V: NRN] is pleased to announce that through map staking, option agreements and property purchase, the Company has increased its land position from 32 km2 to 420 km2 pursuant to definitive agreements entered into with arm’s length parties on February 18, 2026 (collectively, the “Definitive Agreements”). The Company’s flagship Root & Cellar Gold-Silver-Tellurium-Copper Property (“Root & Cellar” or the “Property”), on the Burin Peninsula in southeastern Newfoundland, forms the core of the land position. Recent work at Root & Cellar, suggests a large, diatreme/porphyry-hosted, polymetallic Cu-Au-Ag-Te-Mo zone, which was the impetus for the land acquisitions in the Avalon Zone of eastern Newfoundland. READ MORE