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Re: News - Friday, June 11, 2010
10-11 - Cornerstone announces appointment to the Board of
Directors
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Mount Pearl, NL, Canada: Cornerstone Capital Resources Inc.
(TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF) announces that Beverley A. Evans
is joining its board of directors, effective immediately. Ms. Evans
is a St. John's-based chartered accountant with over 20 years
experience in senior management roles with FPI Limited, a TSX-listed
global seafood company, and Ernst and Young. As CFO and Corporate
Secretary for FPI, Ms. Evans was responsible for corporate finance,
foreign investment and consolidation strategy, financial compliance for
public company reporting, IT and human resources. She also played a
key role in executing the corporation's strategic business plans as it
transitioned from operator to holding company.
Glen McKay, Chairman of Cornerstone, stated, "Cornerstone is very
pleased to welcome Ms. Evans to the board of directors. We look
forward to benefiting from her knowledge and expertise in finance,
business development and human resources to strengthen those
disciplines at the board level."
Cornerstone has granted Ms. Evans an option to acquire up to 200,000
shares of the company at an exercise price of $0.15 per share for a
period of five years.
Other News
On June 8, 2010 the Company issued 555,000 stock options to directors,
managers and staff. These stock options were issued at $0.15 per share
and are exercisable for a period of five years.
About Cornerstone
Cornerstone Capital Resources Inc. is a mineral exploration company
based in Mount Pearl, Newfoundland & Labrador, Canada, with a
diversified portfolio of gold, base metals and uranium projects in
Canada and Ecuador and a strong technical team that has proven its
ability to identify, acquire and advance properties of merit. The
company's business model is based on generating exploration projects
whose subsequent development is funded primarily through joint venture
partnerships.
Cautionary Notice:
Certain statements contained in this press release may be considered as
forward-looking. Such forward-looking statements are subject to risks
and uncertainties that could cause actual results to differ materially
from estimated or implied results. While Cornerstone anticipates that
subsequent events may cause its views to change, it expressly disclaims
any obligation to update the Forward-Looking Statements contained
herein.
On Behalf of the Board,
Glen McKay
Chairman
Further information is available on the Cornerstone Web site at
www.cornerstoneresources.com; via e-mail at communications@crigold.com;
or toll free at 1-877-277-8377.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
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Copyright (c) 2010 CORNERSTONE CAPITAL RESOURCES INC. (CGP) All rights
reserved. For more information visit our website at
http://www.cornerstoneresources.com/ or send
mailto:info@cornerstoneresources.com
Message sent on Fri Jun 11, 2010 at 5:00:00 AM Pacific Time
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Cornerstone Capital Resources Inc
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DEVELOPMENT STAGE |
CODE : CGP.V |
ISIN : CA21922J2083 |
CUSIP : 21922J208 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cornerstone is a exploration company based in Canada. Cornerstone develops uranium in Canada, and holds various exploration projects in Canada, in Chile and in Ecuador. Its main asset in development is AILLIK in Canada and its main exploration properties are CHALEUR, ANAKTALIK, AUCOIN, LABRADOR TROUGH, VOISEY'S BAY PROPERTY, DEER LAKE PROJECT, DORCHESTER, GOSHEN, EL STRATO, LONG LAKE, NOTAKWANON LAKE, TRUE GRIT, CAPE RAY, COLCHESTER, CODROY PROJECT, LONG HARBOUR, OKAK, GARLAND, KAUK, KONRAD, NOEL PAUL'S BROOK, BOBBY'S POND, LITTLE DEER, CONEY ARM and INDIAN ARM in Canada, MACARA, BELLA MARIA, MONTERREY and SIERRAMIN in Ecuador and LA FORTUNA CHILE in Chile. Cornerstone is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.2 billions as of today (US$ 934.1 millions, € 880.3 millions). Its stock quote reached its lowest recent point on March 04, 2016 at CA$ 0.02, and its highest recent level on September 18, 2020 at CA$ 6.53. Cornerstone has 299 560 000 shares outstanding. |