Cornerstone Metals Announces Listing on U.S. OTCQB® Venture Securities Market Appoints Advisor and Grants Stock Options
Cornerstone Metals Announces Listing on U.S. OTCQB® Venture Securities Market
Appoints Advisor and Grants Stock Options
January 22, 2018 - Vancouver, British Columbia – Cornerstone Metals Inc. (“Cornerstone” or the
“Company”) announces that its common stock has commenced trading in the U nited States on the
OTCQB® Venture Market, under the trading symbol APPPF.
OTC Markets Group Inc. operates th e OTCQB® Venture Market, the OTCQX® Best Market and the
Pink® Open Market for 10,000 U.S. and global securities. Throu gh OTC Link® ATS, OTC Markets
Group connects a diverse network of broker-dealers that provide liquidity and execution services. OTC
Markets Group enables investors to easily trade through the bro ker of their choice and empower
companies to improve the quality of information available for investors.
“Cornerstone’s expansion into the U.S. securities markets is a milestone that brings our Company
substantially added access to in stitutional and individual investors,” said Cornerstone President and Chief
E x e c u t i v e O f f i c e r P a u l C o w l e y . “ W e a r e c o n f i d e n t t h a t o u r l i sting on this active marketplace can
significantly enhance liquidity for our shareholders and extend investor awareness of our Company
throughout the U.S. and beyond.”
Cornerstone Metals is an emerging exploration company whose mos t recently added initiative is the
Carlin Vanadium Project, which contains one of North America’s largest, richest known primary deposits
of vanadium, an industrial mineral critical to industries rangi ng from steel to utility scale battery storage
technology. The Company’s analysis illustrates that the Nevada site’s vanadium deposit features a
combination of high grade and unsurpassed accessibility.
In additional news, the Company announces the appointment of Ba rry Girling to its advisory board. Mr.
Girling is an independent busin ess consultant active in resourc e companies for over 35 years, including
serving as a director of Silver One Resources, Zinc One Resourc es and iMinerals Inc. and was a founder
and former director of Roxgold Inc. Having been involved in all facets of project development from grass
roots exploration through feasibility study, he has experience in project finance and development and
corporate/shareholder communications.
The Company also announces the grant of 35,000 stock options to a consultant of the Company, at an
exercise price of $0.30 per share, for a five year term, subjec t to the terms and conditions of the
C o m p a n y ’ s s t o c k o p t i o n p l a n . F o l l o w i n g t h i s g r a n t o f s t o c k o ptions, the Company has a total of
1,840,000 stock options outsta nding representing approximately 9.0% of the outstanding common shares
of the Company.
About Cornerstone Metals Inc.
Cornerstone’s objective is to adva nce exploration/ development s tage copper, precious and strategic
minerals properties to production in the Americas. The Company’ s Management and Board Core
Competence is in exploration, permitting, development, construction, and operation of mining projects.
Press & Analysts Contact: TSX-V: CCC
Stewart Chalmers OTCQB: APPPF
H4C Group FSE: 1PY
+1 818-681-3588
The Company has an option to earn a 100% interest in the Carlin Vanadium Project, which has one of the
largest, richest known primary va nadium deposits in North Ameri ca. The Carlin Vanadium Project is
located in Elko County 22km by road (14 miles) from the town of Carlin, Nevada, and is comprised of 72
contiguous unpatented mineral cla ims totaling 461 hectares (1,1 40 acres). The Carlin Vanadium deposit
was discovered by Union Carbide Corp. (UCC) in the 1960’s, whic h completed surface mapping,
trenching and 152 rotary drill holes in 11,133m (36,525 feet) o f drilling. The average drill hole spacing
was 60m (200ft) apart within the more densely drilled areas. Dr illing indicates a zone of mineralization
approximately 55m (180 feet) thic k striking north-south over 1, 860m (6,100ft) in length and dipping 5°-
30° east and west averaging 760m (2,500ft) of down dip extent f rom surface. The mineralized unit is
locally exposed on surface, where it cuts topography, but mostl y is found at shallow depths, commonly
between 15-60m (50-200 ft) below surface.
Cornerstone also owns 100% (subj ect to 1.5% NSR) of the West Je rome property, near Jerome, Arizona,
on the west side of Freeport McMoRan patented lands. The proper ty, in a Volcanogenic Massive Sulfide
camp, is a high-grade, massive sulfide target located 2.4 km so uth of the past-producing United Verde (32
million tons grading 4.4% copper, 1.5 oz/t silver and 0.04 oz/t gold). The West Jerome property has
attractive untested drill targets.
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]
Technical disclosure in this news release has been reviewed and appr oved by Paul Cowley, P.Geo., a
Qualified Person as defined by National Instrument 43-101, and President and CEO of the Company.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information
Certain statements in this news release constitute "forward-looking" statements. These statements relate
to future events or the Company's future performance and include th e Company’s ability to meet the
conditions required to exercise in full its option to acquire the Carlin Vanadium project. All such
statements involve substantial known and unknown risks, uncertainties and other factors which may
cause the actual results to vary fr om those expressed or implied by such forward-looking statements.
Forward-looking statements involve significant ri sks and uncertainties, they should not be read as
guarantees of future performance or results, and they w ill not necessarily be accurate indications of
whether or not such results will be achieved. Actual results could differ ma terially from those anticipated
due to a number of factors and risks. Although the forw ard-looking statements c ontained in this news
release are based upon what management of the Company believes are reasonable assumptions on the
date of this news release, the Company cannot assure in vestors that actual results will be consistent with
these forward-looking statements. The forward-looking statements contained in this press release are
made as of the date hereof and the Company disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of ne w information, future events or otherwise, except as
required under applicable securities regulations.