Cornerstone Capital Resources Inc. today announced that its Board of Directors, upon the unanimous recommendation of an independent committee of the Board and following a detailed review conducted in consultation with its financial and legal advisors, has unanimously determined to reject SolGold plc’s unsolicited proposal to acquire [...]
Cornerstone Capital Resources Inc. is pleased to announce that Cornerstone and its subsidiary Cañabrava Mining S.A. have signed an option and farm-in Heads of Agreement with Newcrest International Pty Limited , a subsidiary of Newcrest Mining Ltd. for Cornerstone’s Caña Brava and Tioloma properties in Ecuador , targeting [...]
Cornerstone Capital Resources Inc. notes the press release of SolGold plc issued on February 8, 2019 announcing for the second time their intention to commence an offer to acquire all of the issued and outstanding common shares of Cornerstone. As previously announced by Cornerstone, shareholders of the Company that collectively own over 50% of the [...]
OTTAWA, Jan. 31, 2019 /CNW/ - Cornerstone Capital Resources Inc. notes the press release of SolGold plc issued on January 31, 2019 that announces their intention to commence an offer to acquire all of the issued and outstanding common shares of Cornerstone. Despite SolGold not intending to make a formal offer before the end of February, Cornerstone [...]
Cornerstone Capital Resources Inc. announced today that its board of directors has approved the adoption of a Shareholder Rights Plan pursuant to a shareholder rights plan agreement entered into with Computershare Trust Company of Canada, as Rights Agent, dated January 11, 2019. The Rights Plan is subject to the approval of the TSX Venture [...]
Cornerstone Capital Resources Inc. announces that it has filed on SEDAR a technical report for the updated Mineral Resource Estimate announced November 20, 2019 for the Alpala deposit, Cascabel project, Ecuador. The technical report is available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s web site [...]
Cornerstone Capital Resources Inc. is pleased to announce that effective January 1, 2019 director and former CFO David Loveys will again become CFO and Corporate Secretary of the Company and current CFO Sabino Di Paola will step into the role of Controller. Brooke Macdonald, Cornerstone’s CEO, said: “This change is occurring at [...]
Cornerstone Capital Resources Inc. announced today that it has closed its debt settlement transaction announced on December 11, 2018. Pursuant to the debt settlement transaction, Cornerstone has issued 1,129,032 common shares of the Company at a deemed price of C$0.31 in settlement of C$350,000 of debt. The shares issued pursuant to the transaction [...]
Cornerstone Capital Resources Inc. announced today that it has agreed to settle C$350,000 of debt owing to legal advisors to the Company by issuing 1,129,032 common shares in the capital of the Company at a deemed price of C$0.31 per common share. The debt settlement transaction is subject to the approval of the TSX Venture Exchange and all common [...]
Cornerstone Capital Resources Inc. is pleased to announce that Cornerstone and its subsidiary Minera Cornerstone Chile Ltda. have signed an option and farm-in agreement with Newcrest International Pty Limited , a subsidiary of Newcrest Mining Ltd. for Cornerstone’s Miocene properties in Chile , targeting epithermal gold-silver and porphyry [...]
Indicated Resource of 2.1 Bt @ 0.6% CuEq including 400 Mt @1.49% CuEq Cornerstone Capital Resources Inc. is pleased to announce the following update on the exploration program at its Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador, in which the Company has a 15% interest1 financed through to completion of a [...]
Cornerstone Capital Resources Inc. is pleased to announce the following update on the exploration program at its Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador, in which the Company has a 15% interest financed through to completion of a feasibility study and repayable out of Cornerstone’s share of project [...]
