Silver Shield Resources Corp.: Announces both a Non-Brokered Private Placement

Announces Both a Non-Brokered Private Placement of up to Three Million Dollars CDN by Issuance of Series "A" Preferred Shares and A Concurrent Non-Brokered Common Shares Private Placement of up to One Million Dollars CDN by Issuance of Common Shares

Toronto, February 8, 2016 - Silver Shield Resources Corp. (CSE: SSR) (the "Corporation"), announced today that it has commenced a non-brokered private placement financing to raise a maximum of Three Million Dollars ("$3,000,000.00") CDN by sale of Three Hundred Thousand ("300,000") Series "A" Preferred Shares at a price of $10.00 CDN per share. The Series "A" preferred shares will pay up to an 8% annual dividend to the holders of the preferred shares. Furthermore, holders of the Preferred Shares will also see a 25% of after tax realized gains on any capital dispositions. No special voting rights will be granted to the holders of the Preferred Shares. In connection with the preferred share offering, a finder's fee may be paid consisting of a cash commission equal up to 8% of the gross proceeds raised under the offering.

In conjunction to the Preferred Shares private placement offering, the Corporation is simultaneously conducting a non-brokered common share private placement financing to raise a maximum of One Million Dollars ("$1,000,000.00") CDN via the sale of Ten Million ("10,000,000") units of the Corporation at a price of $0.10 per unit. Each unit is comprised of one common share of the Corporation, and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share of the Corporation for $0.15 for a period of 36 months from the closing date. The common shares and warrants of this placement are subject to a four-month and one day statutory hold period. Furthermore, management would like to remind investors that the Corporation's private placement that was announced on Dec 7^th, 2015, closed on December 31^st, 2015 and that both private placements that have been announced today are new offerings.

In connection with the common share offering, a finder's fee may be paid consisting of a cash commission equal up to 8% of the gross proceeds raised under the offering and that number of non-transferable finder's fee warrants as is equal up to 8% of the number of shares. Each finder's fee warrant will be exercisable into one common share of the Corporation at $0.15 per share for a period of 12 months from the closing date.

Both placements are expected to close on, or before, March 8^th, 2016 and both placements are subject to applicable regulatory approvals, including that of the Canadian Securities Exchange.

Net proceeds of the financings will be used for strategic acquisitions, business development and for working capital purposes.



For further information please contact:

Mr. Frank Kordy, Interim CEO
Silver Shield Resources Corp.
T: (647) 466-4037
E: frank.kordy@silvershieldresources.net



Forward-Looking Statements: Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release.

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