|
MOUNT PEARL, NEWFOUNDLAND AND LABRADOR--(Marketwired - Aug. 28, 2013) - Cornerstone Capital Resources Inc. ("Cornerstone") (TSX VENTURE:CGP)(OTCBB:CTNXF)(FRANKFURT:GWN)(BERLIN:GWN) today announced it has received $500,000 from its partner SolGold Plc ("SolGold"), as a further private placement in Cornerstone shares, as a result of having received the environmental license on Cornerstone's 5,000 hectare Cascabel gold-copper-silver property in northern Ecuador, as previously announced on August 26, 2013. Cornerstone will issue 7,692,308 common shares at $0.065 per share to SolGold. The shares will have a four month hold period which expires December 27, 2013. SolGold will now own 50% of Exploraciones Novomining S.A., the Cornerstone subsidiary which holds the Cascabel property. |
