Shore Gold closes $5million private placement

Shore Gold Inc. accomplished closing its private placement of (the “Offering”), of 21,906,700 Flow-Through Common Shares, on a bought deal basis. The sale price of the shares was $0.25 per share and valued a total of $5,476,675.

This capital will be employed in taking on Canadian exploration expenses prior to December 31, 2015.

Canaccord Genuity Corp., together with Mackie Research Capital Corporation, acted as underwriters for the offering.

Shore is a Canadian based company delving in acquisition, exploration and development of mineral properties.