• Frankfurt: 1PY0 :


March 30, 2015 – Vancouver, British Columbia – Cornerstone Metals Inc. (TSX-V: CCC) (“Cornerstone” or the “Company”) announces that it has increased a non-brokered private placement, previously announced on February 23, 2015, from up to 5,000,000 units to up to 6,250,000 units, at a price of $0.02 per unit, for gross proceeds of up to $125,000. Each unit will consist of one common share and one transferable share purchase warrant. Each warrant will be exercisable to purchase one additional common share, at an exercise price of $0.05 per share, for a period of two years from issuance of the warrants. Securities issued pursuant to the private placement will be subject to a four month hold.

Proceeds from the private placement will be used for general working capital including: mineral leases ($25,000); accounting and audit ($45,000); general office expenses ($2,500); legal ($7,500); listing and filing fees ($11,000); management fees ($25,000); and transfer agent ($7,500).

The Company may pay a finder’s fee to eligible finders, in accordance with regulatory policies.

The private placement is subject to TSX Venture Exchange approval.

On Behalf of Cornerstone Metals Inc.

“Paul Cowley”

President and CEO

For further information, please contact:

Paul Cowley

Tel: 604-340-7711

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.cornerstonemetals.ca

Phenom (as First Vanadium Corp.) was recognized as a Venture 50 company in 2019.
The Venture 50 logo is a trademark of TSX Inc. and is used under license.