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Cornerstone Capital Resources Inc

Published : November 02nd, 2007

appoints Ian Slater as Director and makes changes to the Management

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Re: Press Releases - Friday, November 02, 2007
Press Release 07-24 - Cornerstone appoints Ian Slater as Director
and makes changes to the Management and Boards of Cornerstone
Ecuador SA and La Plata Minerales SA
======================================================================

Mount Pearl, NL, Canada: Cornerstone Capital Resources Inc.
(TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF) today announced that the Board
of Directors has appointed Mr. Ian Slater to the Board. Mr. Slater was
nominated by the Lundin Group of Companies following completion of the
recent private placement that saw Global NR Holding SA, a
Luxembourg-based holding company controlled by the Lundin family,
become a shareholder in Cornerstone.

Ian Slater is President and CEO of Fortress Minerals Corp. He is a
Chartered Accountant with over 16 years experience in international
finance in the global resource sector. Prior to joining Fortress, Mr.
Slater was a Partner with Ernst & Young, where he led their Canadian
mining practice, and before that a Partner with Arthur Andersen, where
he founded and led their mining practice in Central Asia for 6 years.

In welcoming Mr. Slater to the Board, Chairman John Fleming, stated
that Cornerstone is very pleased to have in Mr. Slater someone with
such scope and depth of experience. With his appointment, the company
is very much looking forward to the opportunities that an association
with the Lundin Group can bring.

Cornerstone also announced senior management and Board appointments at
Cornerstone Ecuador SA (CESA) and La Plata Minerales SA (LPSA), wholly
owned subsidiaries of Cornerstone Capital Resources Inc. Mr. Yvan
Crepeau has been named a Director and President of CESA and LPSA, and
Mr. C�sar Zumarraga is appointed Vice President of each in addition to
his duties as Director. Mr. David Loveys is appointed a Director of
CESA and LPSA, joining Mr. Zumarraga and Ms. Mar�a Antonieta Loza
Laspina to make up the Board of Directors of each company. Mr. Crepeau
and Mr. Loveys replace Mike Basha as, respectively, President and
Director of CESA and LPSA. Mr. Basha is Vice President Exploration and
a Director of Cornerstone Capital.

Yvan Crepeau is a Geologist with over twenty years of diversified
experience in the evaluation and management of exploration projects in
North, Central and South America and in Asia. In addition to a BSc in
Geology from the University of Montreal, he holds an MBA from HEC in
Montreal, specializing in International Management. Mr. Crepeau
resides in Quito, Ecuador, where for the last 15 months he has been
CESA's Country Manager.

C�sar Zumarraga is a partner in the Quito law firm Tobar y Bustamente.
He is a graduate of the Catholic University of Ecuador, Law School
(J.D., 1994); Simon Bolivar Andean University (Master, Public Contracts
and Privatization, 1999; Master, Taxation, 2000); and Harvard Law
School (Negotiation Course, 1998). In his professional practice, Mr.
Zumarraga has been Private Secretary to the Attorney General of the
State, 1992-1995, and a partner in the law firm Serrano Puig,
1995-2001. He has also worked in the Quito Chamber of Commerce,
Arbitration Center (Secretary, ten terms); the Quito Chamber of
Construction, Arbitration Center (Arbitrator); and as Representative in
Ecuador of the Canadian Commercial Corporation. Mr. Zumarraga is also
a professor in the University of the Americas (UDLA) School of Law, and
a member of the Quito Bar Association, the Inter-American Bar
Association, and the Ecuadorian-Canadian Chamber of Commerce.

David Loveys, CA, is a Director of Cornerstone Capital Resources Inc.
and the company's Vice President Finance and Chief Financial Officer.

Glen H. McKay, Cornerstone's President and CEO, stated: "We are very
pleased to have developed our operating capability in Ecuador such that
we are able to place the management of our Ecuador subsidiaries fully
in the hands of staff in the country. C�sar Zumarraga has been an
invaluable resource for Cornerstone not only as our legal counsel in
Ecuador but also as a trusted advisor. And we have come to rely
increasingly on Yvan Crepeau's skills as we pursue our existing
projects and develop new initiatives in the country. These senior
staff are supported by a team of employees, partners and advisors that
together make Cornerstone one of the foremost mineral exploration
companies in the country.

Cornerstone has granted a total of 275,000 stock options, exercisable
in accord with company policy, in connection with these new
appointments.

About Cornerstone Capital Resources Inc.

Cornerstone is a mineral exploration company with projects in Canada
and Ecuador. The company is actively evaluating new gold, copper,
uranium and nickel projects, while continuing to maintain an ongoing
pipeline of prospects. Ten of the Company's thirty four projects are
under joint venture agreements and ongoing negotiations may result in
new agreements in the near future.

Cornerstone 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. Cornerstone's current
and past joint venture partners include Agnico Eagle, Celtic, Cash
Minerals, Candente, Coastport, Cogitore, Falconbridge, Inmet, Kermode,
Mountain Lake, Moydow, Newmont, Noranda, Phelps Dodge, and Thundermin.

On Behalf of the Board,
John Fleming
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.

The common shares of the Company are currently listed on the TSXV in
Canada (symbol CGP), the OTC in the USA (symbol CTNXF) and the
Frankfurt Stock Exchange (symbol GWN)

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

======================================================================
Copyright (c) 2007 CORNERSTONE CAPITAL RESOURCES INC. (CGP) All rights
reserved. For more information visit our website at
http://www.cornerstoneresources.com/ or send
mailto:news@cornerstoneresources.com
Message sent on Fri Nov 2, 2007 at 7:15 AM Central Time
======================================================================
.

Cornerstone Capital Resources Inc

DEVELOPMENT STAGE
CODE : CGP.V
ISIN : CA21922J2083
CUSIP : 21922J208
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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$ 1.3 billions as of today (US$ 1.1 billions, € 944.2 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.

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9/13/201111-30 - Significant Porphyry Copper-Gold mineralization disc...
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4/26/2011(Little Deer)11-15 - Cornerstone and Thundermin continue to intersect hig...
4/26/2011(Little Deer)and Thundermin Continue to Intersect High Grade Copper Over ...
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2/18/2011- No Material Change
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5/19/2010Options New Brunswick REE property
5/18/2010Corporate Update
5/17/201010-09 - Cornerstone reports significant progress on Ecuador ...
5/3/2010Intersect 4.6% Cu over 5.9 metres, including 14.5% copper ov...
4/16/2010Corporate Update
3/30/201010-05 - Cornerstone announces Phase II of Macar=E1 Strategic...
2/16/201010-03 - Cornerstone options Labrador rare metals and REE pro...
11/17/200909-26 - Cornerstone engages Investor Relations consultant
11/5/200909-24 - Ecuador Mining Regulations signed into law
10/16/2009Government of Ecuador confirms date of approval of Mining Re...
10/14/200909-21 - Cornerstone acquires new Lithium and Rare Metals pro...
9/29/200909-20 - Cornerstone acquires new Rare Metals and REE propert...
6/9/2009Corporate Update
6/4/200909-12 - Cornerstone to resume work on Macar=E1 project=2CEcu...
5/26/200909-11 - Cornerstone update on recommencement of work in Ecua...
3/3/200909-04 - Cornerstone updates mining law in Ecuador
2/27/2009Corporate Update
1/15/2009Cornerstone Update
1/13/2009 New Mining Law Approved in Ecuador
11/21/2008Cornerstone Update
9/30/2008approves new constitution, clears way for new mining law
9/25/2008Cornerstone Update
8/11/2008Monthly Update - Monday, August 11, 2008
7/14/2008personnel change
6/19/2008Update on Little Deer
6/11/2008and Altius form alliance to explore for copper in the Labrad...
5/22/2008adds claims in the Bay St. George evaporite basin
5/20/2008Report on the drilling on the Little Deer Copper project
5/7/2008acquires new uranium property
4/29/2008acquires property with potash potential
4/25/2008Participates in Industry- Canadian Government Meeting With E...
4/23/2008 Evaluates Impact of Mining Mandate in Ecuador
4/23/2008 Update
2/12/2008 and Newmont Sign Definitive Agreement on Ecuador Strategic ...
2/4/2008John C. Crosbie resigns from Cornerstone's Board. Mr. Crosb...
1/10/2008Monthly review
12/6/2007 Monthly Review
11/8/2007 Monthly Review
10/22/2007and Newmont to Explore Southern Ecuador
10/17/2007La Plata Update
10/16/2007provides update on the La Plata VMS project, Ecuador
10/11/2007September Update
9/10/2007August Update
8/29/2007partners with Phelps Dodge Corporation of Canada, Limited to...
8/3/2007July Update
7/26/2007announces 4.7% Zinc intercept in drilling by Mountain Lake R...
7/10/2007 and Thundermin Commence Drill Program on the Little Deer Co...
6/11/2007 May update - the Drills start turning
6/7/2007(Shyri)Provides update on geophysics at GAMA, Shyri project, southe...
5/15/2007Signs JV Agreement and Commences Drill Program on Cornerston...
5/7/2007plans to drill 26,000 metres on five projects in Canada and ...
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TSX-V (CGP.V)Other OTC (CTNXF)
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AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 5.55-1.60%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.72-0.96%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.08+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 1.94-3.00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 8.36-0.12%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.18+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.34+7.81%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.53+2.43%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 63.50-1.17%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :