Scott Jobin-Bevans Joins Advisory Team

OTTAWA, July 17, 2012 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce that Scott Jobin-Bevans has accepted an advisory role with Northern Shield. Dr. Jobin-Bevans is the past President of the Prospectors and Developers Association of Canada (PDAC) and a founder and director of Caracle Creek International Consulting ("Caracle Creek"). Caracle Creek is a Canadian-South African geological consultant group with a strong background in PGE exploration.

"We are very pleased to have Scott join our team," says Ian Bliss, president and CEO of Northern Shield. "Scott has been one of the pre-eminent players in the Canadian mining scene over the years and brings a wealth of experience and connections to Northern Shield, including a strong background in platinum-group mineral exploration."

Northern Shield also announces that it has granted options to acquire a total of 375,000 common shares pursuant to its Stock Option Plan to a new advisor and two recently hired geologists.  Each option entitles the holder to acquire one share for $0.20 for a period ending July 3, 2017, with the options all vesting as to 1/3 on the date of grant, 1/3 on the first anniversary of the date of grant and the final 1/3 on the second anniversary of the date of grant.  Following such grant of options, Northern Shield now has outstanding under its Stock Option Plan options to acquire up to 7.3% of Northern Shield's outstanding common shares.

Northern Shield is an innovative, results-driven Canadian company focused on Platinum Group Element (PGE) exploration in Ontario and Quebec. Its mission is to create a successful mineral exploration company through technical excellence and efficient management, where success is measured by the identification and development of high-quality mineral exploration projects, which may ultimately be optioned, sold or developed for maximum return on investment. For further information on Northern Shield and its properties, please visit our website at www.northern-shield.com or contact:

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.

For further information:

Northern Shield Resources Inc.
Ian Bliss
President and CEO
Tel.: (613) 232-0459
Fax: (613) 232-0760
info@northern-shield.com

Renmark Financial Communications Inc.  
Barry Mire: bmire@renmarkfinancial.com
Nadia Marks: nmarks@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020
www.renmarkfinancial.com

Profil de l'entreprise

NORTHERN SHIELD RESOURCES INC.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.