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Re:   News - Wednesday, April 09, 2014
      14-11 - Cornerstone Announces Completion of 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 completion of the non-brokered private placement announced on
March 14, 2014.

The financing consisted of the issuance of 26,666,667 units ("Units")
at $0.15 per unit for total gross proceeds of $4 million. Each Unit
consists 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.

Affiliates of Sprott Inc. acted as finders in the private placement.
Finders' fees paid on closing consisted of 7% cash and finders'
warrants equal to 7% of the aggregate number of Units placed by the
finders. The finders' warrants entitle the holder to purchase one
common share of the Company at a price of $0.20 for a period of 5
years.

A total of 333,333 units were purchased by the CEO of the Company.

This private placement is subject to final regulatory approval and all
shares issued and any shares issued on exercise of the warrants are
subject to restrictions on transfer until August 8, 2014. The proceeds
from the private placement will be used to further advance
Cornerstone's exploration programs and continued working capital
requirements.
Cornerstone wishes to express its appreciation to all shareholders for
their continued support and confidence.
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 Wed Apr 9, 2014 at 2:00:00 PM Pacific Time


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