Cornerstone Capital Resources Inc. is pleased to provide an update on its Bramaderos gold and copper joint venture in southern Ecuador in which it has a 12.5% interest carried by JV partner and project operator Sunstone Metals Inc. through to the start of commercial production . Figures related to this news release can be seen in PDF format by [...]
Cornerstone Capital Resources Inc. is pleased to announce that Newcrest International Pty Limited , a subsidiary of Newcrest Mining Limited ), having completed its initial minimum work commitment of US$1.1 million at the Miocene gold-copper project in Chile , has elected to exercise its option to advance to Stage 1 under the Farm-in Agreement [...]
Cornerstone Capital Resources Inc. is pleased to announce the following update on its Cascabel copper-gold porphyry joint venture project in northern Ecuador in which Cornerstone has a 15% interest1 financed through to completion of a feasibility study plus 7.5% of the shares of joint venture partner and project operator SolGold Plc, for a total [...]
Cornerstone Capital Resources Inc. is pleased to announce the following update on its Cascabel copper-gold porphyry joint venture project in northern Ecuador in which Cornerstone has a 15% interest1 financed through to completion of a feasibility study plus 7.5% of the shares of joint venture partner and project operator SolGold Plc, for a total [...]
Cornerstone Capital Resources Inc. announces completion of its non-brokered private placement , the proposed terms of which were previously announced on November 24 and November 25, 2020. The Offering consisted of the issuance of 1,540,000 common shares at an issue price of $5.00 per common share for total gross proceeds of $7,700,000. The Company [...]
Cornerstone Capital Resources Inc. today announces that the Ontario Securities Commission has issued an order accepting the Company as a reporting issuer for the purposes of Ontario securities law. As a result of the Order, the OSC will be the principal regulator of the Company. About Cornerstone Cornerstone Capital Resources Inc. is a mineral [...]
Cornerstone Capital Resources Inc. is pleased to provide an update on its Bramaderos gold and copper joint venture in southern Ecuador in which it has a 12.5% interest carried by JV partner and project operator Sunstone Metals Inc. through to the start of commercial production . Figures related to this news release can be seen in PDF format by [...]
Cornerstone Capital Resources Inc. is pleased to announce the following update on the status of the Pre-feasibility Study on the Alpala Project at its Cascabel copper-gold porphyry joint venture project in northern Ecuador in which Cornerstone has a 15% interest1 financed through to completion of a feasibility study plus 7.5% of the shares of joint [...]
Cornerstone Capital Resources Inc. announces an increase to its previously announced non-brokered private placement. The Company now intends to issue in the private placement up to 1.54 million common shares at an issue price of $5.00 per common share for total gross proceeds of up to $7.7 million . This is an increase from the previously announced [...]
Cornerstone Capital Resources Inc. announces a non-brokered private placement of up to 1.38 million common shares at an issue price of $5.00 per common share for total gross proceeds of up to $6.9 million . The Company intends to use the proceeds of the Offering for working capital and general corporate purposes. Certain insiders of the Company may [...]
Cornerstone Capital Resources Inc. rebuts certain inaccurate statements made by SolGold plc in its October 16 news release commenting on its failed hostile bid to acquire Cornerstone. SolGold states in its October 16 news release “Cornerstone may not use its interest in ENSA directly or indirectly to secure debt funding without SolGold’s consent [...]
Cornerstone Capital Resources Inc. is pleased to announce that SolGold plc was unsuccessful in its unsolicited offer to acquire all of the issued and outstanding common shares of Cornerstone. Cornerstone understands that the Hostile Bid expired at 5:00 p.m. on October 14, 2020 without any Cornerstone common shares being taken up. About Cornerstone [...]