Silver Shield Resources Corp. today announces that it has filed revised March 31,2011 financial statements on Sedar
BURLINGTON, ON, June 24, 2011 /CNW/ --
BURLINGTON, ON, June 24, 2011 /CNW/ - The company's revised
statements contain the new IFRS financial statement of 'Condensed
Consolidated Interim Statements of Changes in Equity' which is found
immediately after the 'Interim Statement of Operations and
Comprehensive Loss and Deficit'. The majority of the information on the
new statement was previously included in Note 9 of the previous
statement and was thought to be in compliance. On further review it was
ruled that the 'Condensed Consolidated Interim Statements of Changes in
Equity' was required and Note 9 on the previous financials was
adjusted. Note 9 now does not contain: note b) the breakdown of the
equity accounts; from note d) the reconciliation of the warrants cash
balance in equity; and from note g) the reconciliation of the equity
account for contributed surplus. The company apologizes for any
inconvenience caused during this IFRS changeover.
Please review the Sedar data filed.
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Tim Towers silvershield@cogeco.net
Tel: 289-337-6162