Mr. Tim Towers reports

SILVER SHIELD AGM CONCLUDED NEW DIRECTORS AND SHARES FOR DEBT UNANIMOUSLY APPROVED

Silver Shield Resources Corp. has released results of its 2011 annual general meeting held at its corporate headquarters in Burlington, Ont. In addition to the confirmation of N.R. McLeod of North Bay, Ont., to continue as the company auditor, the new slate of directors and approval for shares for debt were on the agenda.

Adding to returning founders -- directors Tim D. Towers (president and chief executive officer), Stephen Mlot (vice-president, engineering) and Raymond Lashbrook (vice-president, exploration) -- the board has been strengthened by the addition of Gregory Boone, a noted business executive in the Greater Toronto Area and venture capitalist Brent Purin of New York, United States. The new board additions gives the company a greater business scope and enhanced presence in the United States to aid in additional financings and market awareness for the company moving forward.

Shareholders, realizing the strength of Silver Shield's corporate plan of developing and acquiring properties in these difficult times, readily approved the proposal of offering shares for debt in the amount of 6,746,695 common shares at 10 cents to extinguish $674,693.54 of debt. The shares for debt will be with debtor and TSX Venture Exchange approval which will be pursued in the next short term as neither has been acquired at this time.

Mr. Towers commented: "We are again thankful for this vote of confidence by our shareholders. It has been a difficult struggle and with markets in somewhat of a turmoil, we are buoyed by the fact that we have, among our properties, two former producers in the Welsh mine and La Cumbre mine. The recent excellent news from both properties and our continuing successful efforts to bring both along the development trail sets SSR apart from many small companies. With the shares for debt approved and hopefully completed in the next short while, the balance sheet will be strengthened, allowing us to move forward more easily. The fact that the shares for debt is expected to be completed at a market price more than twice our share price underlies my belief in the severe undervaluation of Silver Shield in the market."