CGP Cornerstone Capital Resources Inc

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX
VENTURE:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces completion of the
non-brokered private placement announced on March 14, 2014. 


The financing consisted of the issuance of 26,666,667 units ("Units") at $0.15
per unit for total gross proceeds of $4 million. Each Unit consists of one
common share of the Company and one transferable share purchase warrant (a
"Warrant"). Each Warrant will entitle the holder thereof to acquire one common
share of the Company at a price of $0.35 for a period of 5 years. 


Affiliates of Sprott Inc. acted as finders in the private placement. Finders'
fees paid on closing consisted of 7% cash and finders' warrants equal to 7% of
the aggregate number of Units placed by the finders. The finders' warrants
entitle the holder to purchase one common share of the Company at a price of
$0.20 for a period of 5 years. 


A total of 333,333 units were purchased by the CEO of the Company.

This private placement is subject to final regulatory approval and all shares
issued and any shares issued on exercise of the warrants are subject to
restrictions on transfer until August 8, 2014. The proceeds from the private
placement will be used to further advance Cornerstone's exploration programs and
continued working capital requirements.


Cornerstone wishes to express its appreciation to all shareholders for their
continued support and confidence.


About Cornerstone:

Cornerstone Capital Resources Inc. is a mineral exploration company based in
Mount Pearl, Newfoundland and Labrador, Canada, with a diversified portfolio of
projects in Ecuador and Chile, and a strong technical team that has proven its
ability to identify, acquire and advance properties of merit. The company's
business model is based on generating exploration projects whose subsequent
development is funded primarily through joint venture partnerships. Commitments
from JV partners constitute significant validation of the strength of
Cornerstone's projects.


Further information is available on Cornerstone's website:
www.cornerstoneresources.com and on Twitter.


Cautionary Notice:

This news release may contain 'Forward-Looking Statements' that involve risks
and uncertainties, such as statements of Cornerstone's plans, objectives,
strategies, intentions and expectations. The words "potential", "anticipate",
"forecast", "believe", "estimate", "expect", "may", "project", "plan", and
similar expressions are intended to be among the statements that identify
'Forward-Looking Statements.' Although Cornerstone believes that its
expectations reflected in these 'Forward-Looking Statements' are reasonable,
such statements may involve unknown risks, uncertainties and other factors
disclosed in our regulatory filings, viewed on the SEDAR website at
www.sedar.com. For us, uncertainties arise from the behaviour of financial and
metals markets, predicting natural geological phenomena and from numerous other
matters of national, regional, and global scale, including those of an
environmental, climatic, natural, political, economic, business, competitive, or
regulatory nature. These uncertainties may cause our actual future results to be
materially different than those expressed in our Forward-Looking Statements.
Although Cornerstone believes the facts and information contained in this news
release to be as correct and current as possible, Cornerstone does not warrant
or make any representation as to the accuracy, validity or completeness of any
facts or information contained herein and these statements should not be relied
upon as representing its views subsequent to the date of this news release.
While Cornerstone anticipates that subsequent events may cause its views to
change, it expressly disclaims any obligation to update the Forward-Looking
Statements contained herein except where outcomes have varied materially from
the original statements. 


On Behalf of the Board, 

Brooke Macdonald, President and CEO

Further information is available on the Cornerstone Web site at
www.cornerstoneresources.com; via e-mail at communications@crigold.com; or toll
free at 1-877-277-8377. 


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.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States of America. The
securities have not been and will not be registered under the United States
Securities Act of 1933 (the "U.S. Securities Act") or any state securities laws
and may not be offered or sold within the United States or to U.S. Persons (as
defined in the U.S. Securities Act) unless registered under the U.S. Securities
Act and applicable state securities laws, or an exemption from such registration
is available.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cornerstone Capital Resources Inc.
Investor, corporate or media inquiries
Investor Relations
North America toll-free: 1 (877) 277-8377
ir@cornerstoneresources.ca
www.cornerstoneresources.com

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