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Silver Shield's CTOs revoked

2015-05-08 19:22 ET - News Release

Mr. Frank Kordy reports

SILVER SHIELD RESOURCES CORP., ANNOUNCES THE REVOCATION OF THE CEASE TRADE ORDERS

Effective immediately, the Ontario Securities Commission, the British Columbia Securities Commission and the Alberta Securities Commission have granted a full revocation of the cease trade orders (CTOs) that were previously filed against Silver Shield Resources Corp. in the second quarter of 2014.

The CTOs were originally imposed for the corporation's failure to file its 2013 audited financial statements, accompanying management's discussion and analysis for fiscal 2013, and certification of the 2013 year-end audited filings. As at May 8, 2015, the corporation has filed all outstanding continuous disclosure documents that are required to be filed under Ontario securities law, and the corporation is currently up to date in all of its required disclosure filings. The corporation will now make an application to the NEX board of the TSX Venture Exchange to have trading resume of the corporation's suspended shares. The corporation reminds shareholders that there are no guarantees of reinstatement of the corporation's suspended shares on the NEX, and that any approval for reinstatement is solely at the discretion of the NEX.

The corporation continues to move forward in sourcing either debt or equity financing to continue development of the corporation's projects or to acquire new assets either in, or out of, the natural resource space to enhance shareholder value.

We seek Safe Harbor.

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