Shield Gold Financing Announcement
**FOR IMMEDIATE RELEASE, February 11, 2008, Toronto, Ontario **
Shield Gold Inc. (the “Company”) announces that on December 19, 2007 the Company subdivided its existing share capital on a two (2) for one (1) basis, being two post-subdivision common shares for every one pre-subdivision common share. Immediately after the subdivision, there were 5,280,418 common shares issued and outstanding. The sub-division of the Company’s common shares was approved by the shareholders on December 14, 2007. The Company also announces that on January 24, 2008 the Company completed a non-brokered private placement of 600,000 common shares of the Company at $0.05 per share, for gross proceeds of $30,000. The proceeds from the private placement will be used by the Company to complete its initial public offering.
FOR FURTHER INFORMATION CONTACT:
Howard Sinclair-Jones, President
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