EXP Experion Holdings Ltd

Canadian Shield Resources Ltd. (TSX VENTURE:EXP) ("Canadian Shield" or the
"Company") is pleased to announce a proposed non-brokered private placement
offering of up to 1,875,000 Units at $0.80 per Unit for gross proceeds of up to
$1,500,000. Each Unit is comprised of one common share and one non-transferable
Warrant. Each Warrant entitles the holder to purchase one common share at an
exercise price of $1.20 per share for a period of 12 months from the date of
closing of the private placement offering. The Warrant is callable, at the
option of Canadian Shield, four months after the date of closing in the event
its common shares trade at or over $1.60 per share for 10 consecutive trading
days.


The number of common shares issuable if the private placement is fully
subscribed and all Warrants are exercised is 3,750,000 common shares for gross
proceeds of $3,750,000.


Qualified selling agents will be paid finders' fees of 10% of the gross proceeds
from the Units placed by the agent.


The offering is being made under the TSX Venture Exchange Private Placement
Policy and is subject to regulatory approval.


The proceeds of the offering will be used for:

(i) drilling and analytical analysis at Colpayoc Property and La Estrella Property;

(ii) property earn-in payments and community agreements at Colpayoc Property;

(iii) property license fees; and

(iv) working capital and general corporate purposes.

Canadian Shield continues to pursue joint ventures for its existing properties
and geological database and is in advanced negotiations with potential partners.


Investors are invited to visit the Canadian Shield IR Hub at
http://www.agoracom.com/IR/CanadianShield where they can post questions and
receive answers or review questions and answers already posted by other
investors. Alternatively, investors may e-mail all questions and correspondence
to EXP@agoracom.com where they can sign up for the investor e-mail list to
receive press releases and updates in real time.


About Canadian Shield Resources Ltd. (TSX VENTURE:EXP)

Canadian Shield acquires and explores strategically-located precious and base
metal properties in South America. The Company controls a portfolio of eight
exploration properties located in Peru and Chile. Canadian Shield will continue
to focus on project generation and joint venture opportunities to provide
shareholders with interests in a broad portfolio of South American mineral
properties. The Company's shares are listed on the TSX Venture Exchange Trading
Symbol (TSX VENTURE:EXP). Further information is available at Canadian Shield's
website: www.canadianshieldresources.com


STATEMENTS IN THIS PRESS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION,
INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR
EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING
STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS
AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT,
ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING
STATEMENTS.

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