Silver Shield Resources Corp. today announces that it has filed revised March 31,2011 financial statements on Sedar

BURLINGTON, ON, June 24, 2011 /CNW/ - The company's revised statements contain the new IFRS financial statement of "Condensed Consolidated Interim Statements of Changes in Equity" which is found immediately after the "Interim Statement of Operations and Comprehensive Loss and Deficit". The majority of the information on the new statement was previously included in Note 9 of the previous statement and was thought to be in compliance. On further review it was ruled that the "Condensed Consolidated Interim Statements of Changes in Equity" was required and Note 9 on the previous financials was adjusted. Note 9 now does not contain: note b) the breakdown of the equity accounts; from note d) the reconciliation of the warrants cash balance in equity; and from note g) the reconciliation of the equity account for contributed surplus. The company apologizes for any inconvenience caused during this IFRS changeover.

Please review the Sedar data filed.

SOURCE Silver Shield Resources Corp.

For further information:

Tim Towers  silvershield@cogeco.net

Tel: 289-337-6162

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Silver Shield Resources Corp.

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