Silver Shield Resources Corp.

Silver Shield Resources Corp.

August 08, 2008 17:15 ET

Silver Shield Resources Accepts the Resignation of CFO With Thanks

BURLINGTON, ONTARIO--(Marketwire - Aug. 8, 2008) - Silver Shield Resources Corp. (TSX VENTURE:SSR) ("Silver Shield" or "the Company") today announced that Harvey McKenzie has resigned from the position of Chief Financial Officer to concentrate on his many other business ventures, effective immediately.

The Company is currently actively interviewing qualified candidates for the position. Tim D. Towers, President and CEO, will be assuming the CFO's responsibilities on an interim basis until the position has been filled. Mr. Towers holds an honours commerce degree from the University of Windsor and an honours macro economics degree from the University of Western Ontario, and has been a professional accountant for over 30 years. As such, he is qualified to manage the duties of Chief Financial Officer for the Company.

Tim D. Towers commented, "We understand Mr. McKenzie's predicament wherein he cannot stretch his time any further to commit enough resources to Silver Shield. I extend to him the grateful thanks of both Management and Directors and wish him all the best in the future."

About Silver Shield Resources Corp.

Silver Shield Resources Corp. is an exploration and development company of mineral resource properties focusing on advanced-stage silver properties in Northern Ontario and Mexico that the Company can take into production. Its portfolio holds varying option interests in five different properties, including the Welsh Mine Property in the historically-prolific silver producing Elk Lake-Gowganda area of Ontario and the La Cumbre Property in Guerrero, Mexico. Experienced Management have listed the Company on the TSX Venture Exchange upon executing its RTO Qualifying Transaction with Gemini Acquisitions Inc. on December 19th 2007 (TSX VENTURE:SSR).

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Forward-Looking Statements

This press release contains certain "Forward-Looking Statements". All statements, other than statements of historical fact included herein, including without limitation, statements regarding exploration results, future plans and objectives of the Company are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with The TSX Venture Exchange and the Canadian Securities Commissions. Not to be construed as an offer to buy or sell securities of this Company. Readers are advised to discuss all of their stock purchases with a registered securities broker or personal finance professional prior to investing.

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