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PHNM.V ·

Press & Analysts Contact: Stewart Chalmers H4C Group

Corporate Updates

Press & Analysts Contact: 

Stewart Chalmers

H4C Group 

+1 818‐681‐3588 

[email protected] 

Cornerstone Metals Lists on U.S. OTCQB® Venture Securities Market

Under New Trading Symbol CCCCF

January 23, 2018 - Vancouver, British Columbia – Cornerstone Metals Inc. (TSX-V: CCC)

(OTCQB: CCCCF) (FSE: 1PY) (“Cornerstone” o r t h e “Company”) announces its new trading

symbol of CCCCF for its common stock, which has commenced tradi ng in the United States on the

OTCQB® Venture Market.

“Cornerstone's expansion into t he U.S. securities markets is a milestone that brings our Company

substantially added access to ins titutional and individual inve stors," said Cornerstone President and Chief

Executive Officer Paul Cowley. “We are confident that our listi ng 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.

About Cornerstone Metals Inc.

Cornerstone's objective is to advance exploration/development s tage strategic, copper, and precious

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.

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

(604) 340-7711

[email protected]

Technical disclosure in this news release has been reviewed and approved 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.