TORONTO, ON / ACCESSWIRE / May 8, 2015 / Silver Shield Resources (TSXV: SSR.H) ("Silver Shield" or the "Corporation") is pleased to announce that effective immediately, the Ontario Securities Commission, British Columbia Securities Commission and Alberta Securities Commission have granted a full revocation of the cease trade orders (the "CTOs") that were previously filed against the Corporation in Q2 of 2014.

The CTOs were originally imposed for the Corporation's failure to file its 2013 Audited Financial Statements, the accompanying Management's Discussion and Analysis for fiscal 2013, and certification of the 2013 year end audited filings.

As at May 8th, 2015, the Corporation has filed all outstanding continuous disclosure documents that are required to be filed under Ontario Securities Law, and the Corporation is currently up-to-date in all of its required disclosure filings.

The Corporation will now make an application to the Toronto Venture Exchange | NEX Board to have trading resume of the Corporations suspended shares. The Corporation reminds shareholders that there are no guarantees of reinstatement of the Corporations suspended shares on the NEX Board, and that any approval for reinstatement is solely at the discretion of the TSX Venture Exchange | NEX Board.

The Corporation continues to move forward in sourcing either debt or equity financing to continue development of the Corporations projects or to acquire new assets either in, or out of, the natural resources space to enhance shareholder value.

For further information please contact:

Mr. Frank Kordy
Interim CEO
Silver Shield Resources Corp.
T: (647) 466-4037
E: [email protected]

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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release

SOURCE: Silver Shield Resources Corp.

Original Article: http://www.stockhouse.com/news/press-releases/2015/05/08/silver-shield-resources-corp-announces-the-revocation-of-the-cease-trade-orders