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Russell Richards Increases Stake in Northern Shield Resources

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Northern Shield Resources ( (TSE:NRN) ) has issued an announcement.

Northern Shield Resources Inc., a company listed on the TSX Venture Exchange under the symbol NRN, announced that Mr. Russell Richards has acquired an additional 2,500,000 common shares of the company through a private placement. This acquisition increases Richards’s holdings to approximately 11.61% of the company’s issued and outstanding shares on a non-diluted basis and 18.27% on a partially diluted basis. This move is part of a long-term investment strategy and may influence future market activities involving the company’s securities.

More about Northern Shield Resources

YTD Price Performance: 0.0%

Average Trading Volume: 37,711

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$3.65M

See more data about NRN stock on TipRanks’ Stock Analysis page.

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