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GSRFF does not currently pay a dividend.
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Golden Shield Resources Inc., a company headquartered in Vancouver, Canada, is dedicated to sourcing, exploring, and developing mineral properties throughout Guyana, with a primary focus on discovering gold deposits. The company's premier asset is the Marudi Mountain Project, which it fully owns. This extensive site encompasses 5,457 hectares and is situated in southwestern Guyana. Furthermore, Golden Shield maintains complete ownership of two additional key properties located in Guyana's northwestern Barama-Waimi District: the Arakaka Project, spanning 17,699 hectares, and the Fish Creek property, covering 6,028 hectares.
Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) announced that it has closed its previously disclosed non-brokered private placement, raising aggregate gross proceeds of $2 million. The financing was completed through the issuance of 8 million units at a price of $0.25 per unit.
Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) said on Thursday it plans to raise up to C$975,000 through a non-brokered private placement for exploration at its Guyana gold property. The offering will consist of up to 6.5 million common shares priced at C$0.15 each, the company said in a statement.
Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) announced the termination of negotiations regarding the potential acquisition of Tucano Gold Inc. The company will now redirect its efforts toward advancing its flagship Marudi Mountain gold project in southwestern Guyana.
Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) has expanded its project portfolio with the acquisition of Tucano Gold, including its Mina Tucano gold mining operation in Brazil. In conversation with Proactive, executive chairman Leo Hathaway highlighted Tucano's high-grade gold deposit and potential for both open-pit and underground mining.
Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) announced it has struck an agreement to acquire private company Tucano Gold and its gold mining operation, Mina Tucano, in Amapá, Brazil. A non-binding letter of intent (LOI) signed Tuesday outlines the preliminary terms of the all-stock deal, which is intended to strengthen Golden Shield's exploration portfolio and enhance its strategic position in the gold sector.