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Equity financing

Northern Shield Receives $1M Proceeds from LabGold Subscription Receipt Financing

Lane
Equity financing
Announced
05 Mar 2026
Province
Ontario
Industry
Unclassified
Status
Announced
What the filing says
Northern Shield Resources Inc. (" Northern Shield " or the " Company ") (TSXV: NRN ) is pleased to announce that the $1,000,000 aggregate gross proceeds (the " Escrow Funds ") from the previously announced (see press releases dated December 8 and December 30, 2025) strategic non-brokered private placement of 16,666,667 subscription receipts (" Subscription Receipts ") with Labrador Gold Corp. (TSXV: LAB ) (" LabGold ") has been released to the Company following satisfaction of the Escrow Release Conditions.
Terms stated
exercise price
Source

The terms are in the subscriber edition

This transaction carries 1 stated term, with its value, unit and basis and the consideration.

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