Canadian Shield Comments on Recent Share Price Activity
12 Diciembre 2007 - 8:36AM
Marketwired
TORONTO, ONTARIO ("Canadian Shield" or the "Company") announces
that there are no corporate developments or undisclosed material
changes involving the Company to account for the recent stock price
activity.
Bernard Kraft, Chairman of Canadian Shield, commented, "The
Company is in a stronger position today than at any other time in
its history. On November 23rd, 2007, we announced exceptional assay
results that included 107 metres grading 99.1 g/t Silver Equivalent
at our La Estrella Gold-Silver-Copper Property. We expect to
commence our next phase of drilling early in 2008. As such, we do
not believe the recent share price activity is anything more than
long-term shareholders taking advantage of an opportunity to
realize profits. We look forward to commencing our Phase II
drilling program and delivering results that further develop our
exciting prospects at La Estrella."
Investors are invited to visit the Canadian Shield IR Hub at
http://www.agoracom.com/IR/CanadianShield where they can post
questions and receive answers or review questions and answers
already posted by other investors. Alternatively, investors are
able to e-mail all questions and correspondence to CSP@agoracom.com
where they can also request to be added to the investor e-mail list
to receive all future press releases and updates in real time.
About Canadian Shield Resources Inc.
Canadian Shield is a mineral exploration company building
shareholder value through the acquisition of major scale, base and
precious metal projects in prolific and established mineral
provinces in South America. Efforts are primarily focused on Peru,
a very prospective region ranked highly in the world's production
of gold (5th), silver (1st), copper (3rd), zinc (3rd) and tin
(2nd). The Company controls nine base and/or precious metals
projects, eight in Peru and one gold project in Chile through
acquisitions by its 100% owned Peruvian subsidiary Compania Minera
Canadian Shield Peru S.A.C. including the 90% acquisitions of
Gallant Minerals Peru Ltd. S.A. in September 2004 and Anderson Peru
Mining & Exploration S.A.C. in April 2007. Canadian Shield is
focused on project generation and joint venture opportunities to
provide shareholders with interests in a broad portfolio of South
American mineral properties. The Company's shares are listed on the
TSX Venture Exchange (TSX VENTURE: CSP).
STATEMENTS IN THIS PRESS RELEASE, OTHER THAN PURELY HISTORICAL
INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE
PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE
FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON
NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND
UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS
A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED
IN THE FORWARD-LOOKING STATEMENTS.
To learn more visit: www.canadianshieldresources.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts: Canadian Shield Resources Inc. Bernard Kraft Chairman
(416) 927-0025 Ext. 30 or Toll Free: 1-888-927-0025 (416) 927-1222
(FAX) Email: investor@canadianshieldresources.com Canadian Shield
Resources Inc. Phil Anderson VP Exploration (VoIP Line): (416)
907-5690 or (511) 719-6152 (511) 446-1194 (FAX) Email:
panderson@canadianshieldresources.com Website:
www.canadianshieldresources.com Investor Relations AGORACOM
Investor Relations Email: CSP@Agoracom.com Website:
www.agoracom.com/IR/CanadianShield
(TSXV:CSP)
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