Cornerstone Participates in Industry- Canadian Government Meeting With Ecuador's President Correa
MOUNT PEARL, NEWFOUNDLAND -- April 25, 2008 - Cornerstone Capital Resources Inc. (TSX VENTURE: CGP) (PINK SHEETS: CTNXF) (FRANKFURT: GWN) (BERLIN: GWN) participated with seven other mining companies and the Canadian ambassador in a meeting yesterday with President Correa of Ecuador and senior government personnel. While President Correa made it clear that the moratorium on exploration and mining activities would remain in place until the enactment of a new mining law, Cornerstone was encouraged by his statement of support for responsible mining and his desire to put mining on a secure legal and political footing within the new constitutional framework. Cornerstone and the other companies were invited to meet with the Ministry of Mines and Petroleum to assist in drafting a mining law that will permit responsible companies to proceed with exploration and development of the country's mineral resources.
Cornerstone will maintain its mineral rights in Ecuador to the full extent permitted during the moratorium and continue to seek clarity on the impact of the provisions of the mandate. The company will continue to work with other participants in the mining industry to advocate sustainable, private sector development.
About Cornerstone
Cornerstone Capital Resources Inc. is a mineral exploration company with 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. The company operates exploration programs in Atlantic Canada and Ecuador.
On Behalf of the Board,
Colin B. McKenzie
President & CEO
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.
CONTACT INFORMATION:
Cornerstone Capital Resources Inc.
Colin B. McKenzie
President & CEO
Toll Free: 1-877-277-8377
Email: communications@crigold.com
Website: www.cornerstoneresources.com
Renmark Financial Communications Inc.
Barbara Komorowski : bkomorowski@renmarkfinancial.com
Maurice Dagenais : mdagenais@renmarkfinancial.com
Tel. : (514) 939-3989
Fax : (514) 939-3717
WWW.RENMARKFINANCIAL.COM
