Northern Shield Resources Closes First Tranche of Financing

Northern Shield Resources (TSE:NRN) has released an update.

Northern Shield Resources has successfully closed the first tranche of a private placement, raising $250,000 through the sale of 5 million flow-through units. The funds are earmarked for exploration expenses at the Root & Cellar Property, including a planned diamond drill program. The company anticipates closing additional tranches by the year’s end.

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