Silver Shield grants stock options

BURLINGTON, ON, Aug. 23 /CNW/ - Silver Shield Resources's ("Silver Shield" or the "Company") (TSX-V:SSR) new Board of Directors has approved the grant of incentive options to Directors, Officers, Employees, Advisory Board Members and Consultants of the company in the amount of 3,800,000 shares at .10 per share for a period of 5 years under the existing stock option plan. Former options under this plan have been cancelled. This option grant has been made under the existing stock option plan and is subject to TSX Venture exchange approval.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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For further information: please visit www.silvershieldresources.com or contact: Silver Shield Resources Corp., Donald Shaxon, Manager of Corporate Development, [phone] or Tim D. Towers, President and CEO, Tel: [phone], Email: [email protected]