Shield Gold Announces Changes to Management

Toronto, Ontario--(Newsfile Corp. - June 18, 2013) - Shield Gold Inc. (TSXV: SHG) ("Shield" or the "Company") wishes to announce the following changes to the management and operations of the Company.

The Company is pleased to report that Mr. Paul A. Gorman has joined the Company as Chief Executive Officer and as a Director. Paul brings immense experience and knowledge related to the graphite industry to Shield.

Mr Gorman is a corporate specialist with over 15 years of experience in junior mining finance, taking companies public and operating growth-emerging public companies. For the last 12 years, Paul has been the President and Managing Partner of Riverbank Capital Inc., a Merchant Bank working with small-cap companies to assist them in financing, property exploration and developing well-defined marketing programs. Paul's responsibilities have also included raising capital totaling in excess of $155 million as well as promoting the companies to the investment community and writing strategic plans for business growth. Paul is a director of several private and public companies, holding senior management positions with Canadian and US based organizations providing expertise in the areas of capital raising, corporate governance and strategic initiatives.

Mr. Gorman replaces Dr. Howard Sinclair-Jones, P.Eng. who has resigned his executive posts and as a Director but remains as a Consultant to the Company. The Company would like to thank Dr. Sinclair-Jones for his tireless work in an executive capacity.

Mr. Paul R. Ankcorn remains as the Company's Chief Financial Officer and a Director. Mr. John M. Siriunas, P.Eng., a Director of the Company, has been appointed as Vice President - Exploration; Mr. Siriunas is a Qualified Person as defined by National Instrument 43-101.

About Shield Gold Inc.: Shield is a junior exploration company whose mission is the discovery and development of high quality precious metal, base metal and mineral resources. The Company's graphite exploration programs are located in the Buckingham and Lochaber Townships of southwestern Québec. The Company has also entered into an option and joint venture agreement with Eloro Resources Inc. on the Summit-Gaber property in the La Grande Greenstone Belt in the James Bay region of Québec. A similar agreement with Virginia Mines Inc. on the La Grande Nord property has recently been terminated.

The Company is currently securing funding for its operations through non-brokered private placements announced May 30, May 31 and June 13, 2013. Further information regarding Shield can be found on the Company's website at: www.shieldgold.com.

For more information, please contact:

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