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PHNM.V ·

Cornerstone Metals Appoints Lawrence Page to Advisory Board and Grants Stock Options

Management Changes Share Capital & Compensation

October 25, 2017 - Vancouver, British Columbia – Cornerstone Metals Inc. (TSXV – CCC) (“Cornerstone” or the “Company”) is pleased to announce the addition of Lawrence Page to its

Advisory Board.Lawrence Page, Q.C. obtained his law degree from the University of British Columbia
in 1964 and was called to the Bar of British Columbia in 1965, where he has practiced in the areas of
natural resource law, corporate and securities law to the present date. Through his experience with
natural resource companies and, in particular, precious metals development, Mr. Page has established a
unique relationship with financiers, geologists and consultants and has been counsel for and a director of
companies, which have discovered and developed producing mines in North America. Specifically, he
has been a director and officer of companies which have discovered and brought into production the
David Bell and Page Williams mines in Ontario, the Snip, Calpine/Eskay Creek and Mascot Gold Mines
in British Columbia and the discovery of the Penasquito orebody in Mexico. Mr. Page is the principal of
the Manex Resource Group of Vancouver, which provides administrative, financial, corporate, corporate
finance and geological services to a number of public companies in the mineral resource sector. He
currently serves as a director of Bravada Gold Corporation, Southern Silver Exploration Corp. and
Valterra Resource Corporation.

Over the past year, the Company has taken significant steps to strengthen its boards of directors and advisors with the addition of experienced, highly regarded professionals in their respective fields of expertise. Collectively, the Company now has a broad skill set ranging from financing to mineral exploration, mine development, construction and operations, including mining and processing - a unique attribute compared with many of its peers.

The Company also announces the grant of a total of 645,000 incentive stock options to directors, officers, advisors and consultants of the Company, subject to the terms and provisions of the Company’s stock option plan, at an exercise price of $0.30 per share, for a five year term.

ON BEHALF OF CORNERSTONE METALS INC.

per:

“Paul Cowley”

CEO & President

For further information, please contact:

Paul Cowley

Tel: 604-340-7711 Email: [email protected]

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.