Mr. Leo Hathaway reports

GOLDEN SHIELD ANNOUNCES BOARD AND MANAGEMENT CHANGES

Golden Shield Resources Inc. has appointed Zayn Kalyan to the board of directors and has welcomed Stephanie Sharma to the role of corporate secretary, and has accepted the resignation of Alison M. Redford KC, ICDD, from the board, and the resignation of Grant Tanaka as chief financial officer, all effective March 31, 2025.

Mr. Kalyan is an experienced investment banker and business development executive. Starting his career as a software engineer, his background in the ground-up development of start-up technology companies serves as his foundation in finance. Mr. Kalyan currently serves as the chief executive officer of Scorpio Gold Corp., where he is leading the company's strategic growth and development initiatives in the precious metals sector. As a partner at Altus Capital Partners, Mr. Kalyan has played an instrumental role in the origination of over $100-million in financing. Since 2014, he has served in upper management and on the boards of multiple public companies. His expertise and experience will be a great benefit to Golden Shield as the company moves forward.

Ms. Sharma is a corporate services specialist with extensive experience in providing corporate secretarial, governance, compliance and disclosure consulting services to various private and publicly listed issuers, including companies listed on CBOE Global Markets, Toronto Stock Exchange, Canadian Securities Exchange and TSX Venture Exchange.

The company would like to sincerely thank Ms. Redford, a director of the company since its inception, for her wise counsel, insights and hard work on behalf of management and shareholders. It has been a pleasure working with her and we wish her continuing success in her current and future endeavours.

The company would like to thank Mr. Tanaka for his dedicated and professional service as CFO and wishes him well in his future opportunities. Leo Hathaway, director and executive chair, will assume the role of interim CFO.

About Golden Shield Resources Inc.

Golden Shield Resources controls the 5,457-hectare Marudi Mountain property located in the Rupununi district of southwestern Guyana.

We seek Safe Harbor.