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Re:   News - Friday, March 14, 2014
      14-09 - Cornerstone Announces $4 Million Financing
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Mount Pearl, NL, Canada: Cornerstone Capital Resources Inc.
("Cornerstone" or "the Company") (TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF)
announces that the Board of Directors of the Company has given approval
to a non-brokered private placement of up to 26,700,000 units ("Units")
at $0.15 per unit for total gross proceeds of $4.005 million (the
"Offering"). Each Unit will consist of one common share of the Company
and one transferable share purchase warrant (a "Warrant"). Each Warrant
will entitle the holder thereof to acquire one common share of the
Company at a price of $0.35 for a period of 5 years from the closing
date of the Offering.

All securities issued pursuant to this financing will be subject to a 4
month hold period from the closing date. This Offering will be subject
to all necessary regulatory approvals, including approval of the TSX
Venture Exchange, and is expected to close the week of April 14, 2014.

Affiliates of Sprott Inc. ("Sprott") will act as finders in the private
placement. Finders' fees will consist of 7% cash or the equivalent in
Units payable on closing. The finders will also receive finders'
warrants equal to 7% of the aggregate number of Units placed by the
finders, entitling finders to purchase one common share of the Company
at a price of $0.20 for a period of 5 years from the closing date.

Brooke Macdonald, President & CEO of Cornerstone said, "We are very
pleased to be working with Sprott in completing this private placement.
It will provide us with funds to advance our 100% owned Ecuadorean gold
properties, Vetas Grandes, Bella Maria, and Ca�a Brava, and the Miocene
project in Chile where we are targeting epithermal gold-silver and
porphyry gold-copper deposits along the interpreted northern extension
of the Maricunga magmatic belt which hosts several world-class gold
deposits, as well as expanding our generative exploration activities in
other parts of Ecuador and Chile.  We continue to seek partners for
those projects."

About Cornerstone:

Cornerstone Capital Resources Inc. is a mineral exploration company
based in Mount Pearl, Newfoundland and Labrador, Canada, with a
diversified portfolio of projects in Ecuador and Chile, 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. Commitments from JV
partners constitute significant validation of the strength of
Cornerstone's projects.

Further information is available on Cornerstone's website:
www.cornerstoneresources.com and on Twitter. For investor, corporate or
media inquiries, please contact:
Investor Relations:
Email: ir@cornerstoneresources.ca
North America toll-free: 1 (877) 277-8377

Cautionary Notice:
This news release may contain 'Forward-Looking Statements' that involve
risks and uncertainties, such as statements of Cornerstone's plans,
objectives, strategies, intentions and expectations.  The words
"potential," "anticipate," "forecast," "believe," "estimate," "expect,"
"may," "project," "plan," and similar expressions are intended to be
among the statements that identify 'Forward-Looking Statements.'
Although Cornerstone believes that its expectations reflected in these
'Forward-Looking Statements' are reasonable, such statements may
involve unknown risks, uncertainties and other factors disclosed in our
regulatory filings, viewed on the SEDAR website at www.sedar.com.  For
us, uncertainties arise from the behaviour of financial and metals
markets, predicting natural geological phenomena and from numerous
other matters of national, regional, and global scale, including those
of an environmental, climatic, natural, political, economic, business,
competitive, or regulatory nature.  These uncertainties may cause our
actual future results to be materially different than those expressed
in our Forward-Looking Statements.  Although Cornerstone believes the
facts and information contained in this news release to be as correct
and current as possible, Cornerstone does not warrant or make any
representation as to the accuracy, validity or completeness of any
facts or information contained herein and these statements should not
be relied upon as representing its views subsequent to the date of this
news release.   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 except where
outcomes have varied materially from the original statements.

On Behalf of the Board,
Brooke Macdonald
President and CEO

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.

This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in the United
States of America. The securities have not been and will not be
registered under the United States Securities Act of 1933 (the "U.S.
Securities Act") or any state securities laws and may not be offered or
sold within the United States or to U.S. Persons (as defined in the
U.S. Securities Act) unless registered under the U.S. Securities Act
and applicable state securities laws, or an exemption from such
registration is available.

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Copyright (c) 2014 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 Mar 14, 2014 at 5:00:00 AM Pacific Time


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