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StoneShield Announces Private Placement of Units
Published : May 31, 2011
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Mots clés associés :   Copper | Precious Metals |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 31, 2011) - StoneShield Capital Corp. (News - Market indicators)(FRANKFURT:5XS) ("StoneShield" or the "Company") is pleased to announce the Company intends to complete a non-brokered private placement (the "Private Placement") to raise up to C$1,000,000 through the sale of up to 6,000,000 units (the "Units") at C$0.175 per Unit. Each Unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for 24 months from the closing of the Private Placement at a price of C$0.25 per share for the first 12 months and C$0.35 for the remaining 12 months. Finders fees may be payable in connection with the Private Placement as permitted under the policies of the TSX Venture Exchange.

Net proceeds from the Private Placement will be utilized to fund the proposed work programs on StoneShield's El Mercado property, Colombia; on the Geldenhoof property, British Columbia; on the Company's Risby Copper property, Northwest Territories; and for general working capital.

StoneShield is a publicly traded exploration company which currently has 17,974,994 shares outstanding. The Company is focused on the discovery of high-value precious metals deposits in North and South America. StoneShield's experienced management team boasts multiple discoveries, and brings over 70 years of combined experience in the mining and exploration sector. Please visit the Company's web site address at www.stoneshieldcapital.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF

STONESHIELD CAPITAL CORP.

Kris Kottmeier, President/CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

StoneShield Capital Corp.
Benjamin Curry
Investor Relations
(604) 569-0799 or Toll Free at 1-877-689-2881
www.stoneshieldcapital.com

Stoneshield Capital Corp.

EXPLORATEUR
CODE : STS.V
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Stoneshield Capital est une société d’exploration minière basée au Canada.

Son principal projet en exploration est TABISCO au Mexique.

Stoneshield Capital est cotée au Canada. Sa capitalisation boursière aujourd'hui est 5,2 millions CA$ (3,8 millions US$, 3,5 millions €).

La valeur de son action a atteint son plus bas niveau récent le 15 avril 2013 à 0,01 CA$, et son plus haut niveau récent le 15 décembre 2023 à 0,82 CA$.

Stoneshield Capital possède 8 653 000 actions en circulation.

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Financements de Stoneshield Capital Corp.
31/05/2011Announces Private Placement of Units
Communiqués de Presse de Stoneshield Capital Corp.
25/05/2011Commences Exploration at the Geldenhoof Gold Project, Blackw...
17/05/2011Options "El Mercado" Property 8Km North of Angostura and La ...
12/04/2011Hires National Media Associates
05/04/2011Outlines Exploration Plans for Blackwater Gold Discovery Dis...
09/03/2011Provides Corporate & Project Update
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