2012 AGM results & Mr. John Grounds appointed as director

    




 BURLINGTON, ON, Oct. 4, 2012 /CNW/ - Silver Shield Resources   ("Silver Shield" or the "Corporation") announced today the results of  its 2012 AGM. Ross Pope & Company LLC of Kirkland Lake, Ontario was  elected as the auditor of the Corporation. Also approved by  shareholders was the slate of directors, resolutions for shares for  debt and a proposal to complete a convertible debenture financing up to  $3,500,000 CDN. 24.43% of the total shares voted. 

 Elected directors were Messrs. Tim Towers, Raymond Lashbrook, and  Stephen Mlot. The board has also been strengthened by the addition of  Mr. John Grounds a noted business executive and a Principal of NRS  Funds of Indianapolis Indiana. The addition of Mr. Grounds gives Silver  Shield Resources a greater business scope, and an enhanced presence in  the United States which will aid the Corporation in gaining market  awareness and financing. 

 Shareholders approved the proposal of offering shares for debt in the  amount of 2,990,343 common shares @ $0.05 to extinguish $149,517.19 CDN  of debt. The shares for debt will be completed upon debtor and TSX-V  approvals. Management would like to thank the good turnout to the AGM  and the dialogue with both shareholders and investor parties after the  meeting. 

 About Silver Shield Resources 

 Silver Shield Resources is determined to become a world class silver  producing company. For more information please visit the corporate  website at www.silvershieldresources.net 

 The TSX Venture Exchange has not reviewed and does not accept  responsibility for the adequacy or accuracy of this release. 

  

   

Silver Shield Resources Corp.


CONTACT:  Mr. Tim D. TowersPresident and CEOSilver Shield Resources Corp.Tel: [phone]E-mail: [e-mail]. Frank KordyCorporate Communications ManagerSilver Shield Resources Corp.Tel: [phone]E-mail: [e-mail] 


    

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