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Thu, May 27, 2010

StoneShield Increases Financing to C$941,250 from C$750,000


Published on 2010-05-27 06:30:44 - Market Wire
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 27, 2010) - StoneShield Capital Corp. (TSX VENTURE:STS) ("StoneShield" or the "Company") is pleased to announce, further to its non-brokered private placement (the "Private Placement") to raise up to $750,000 at $0.125 per Unit announced on May 4th, 2010, that the Company has received strong interest from investors requiring an increase in the Private Placement to raise a total of up to $941,250 through the sale of of up to 7,530,000 units (the "Units"). Each Unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for 24 months from the closing of the Private Placement at a price of $0.185 per share for the first 12 months and $0.235 for the remaining 12 months.

Finders fees may be payable in connection with the Private Placement as permitted under the policies of the TSX Venture Exchange. Net proceeds from the Private Placement will be utilized to fund a work program, or work programs, on the Tabisco property and for general working capital.

StoneShield is a publicly traded exploration company focused on the discovery of high-value precious metals deposits in North and South America. The Company's experienced management team boasts multiple discoveries, and brings over 70 years of combined experience in the mining and exploration sector. Please visit the Company's web site address at [ www.stoneshieldcapital.com ].

ON BEHALF OF THE BOARD OF DIRECTORS OF STONESHIELD CAPITAL CORP.

Kris Kottmeier, President/CEO


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.