OTTAWA, Sept. 08, 2020 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) is pleased to announce it will be the exclusive sponsor of Kitco’s coverage of the 32nd Annual Denver Gold Forum to be held on-line from September 20 – 23, 2020: https://www.goldforumamericas.com/
Cornerstone’s CEO, Brooke Macdonald, said: “We are honoured to be able to partner with Kitco for the upcoming prestigious Denver Gold Forum event. Cornerstone has chosen Kitco as one its key marketing partners as part of our efforts to have Cornerstone and its exciting Cascabel copper gold project story reach a wider audience.”
About the Denver Gold Forum
The Denver Gold Forum is the world’s oldest and largest gathering of precious commodity equities. Presented every year since 1989, it showcases 7/8ths of the world’s publicly traded gold and silver companies when measured by production or reserves.
Kitco is the world’s most popular precious metals and mining news web site with over 4,100,000 (total) unique visitors per month, and over 45,000,000 monthly page views. Kitco News has one of the best and extensive dedicated team of journalists reporting on the precious metals and mining markets with accuracy and objectivity. Its mission is to develop as much market-oriented information as possible for readers. Kitco News has become a household name in the industry and the world’s favorite provider of timely, reliable and relevant precious metals news information and commentary.
Cornerstone Capital Resources Inc. is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile, including the Cascabel gold-enriched copper porphyry joint venture in northwest Ecuador. Cornerstone has a 21.4% direct and indirect interest in Cascabel comprised of (i) a direct 15% interest in the project financed through to completion of a feasibility study and repayable at Libor plus 2% out of 90% of its share of the earnings or dividends from an operation at Cascabel, plus (ii) an indirect interest comprised of 7.6% of the shares of joint venture partner and project operator SolGold Plc. Exploraciones Novomining S.A. (“ENSA”), an Ecuadoran company owned by SolGold and Cornerstone, holds 100% of the Cascabel concession. Subject to the satisfaction of certain conditions, including SolGold’s fully funding the project through to feasibility, SolGold Plc will own 85% of the equity of ENSA and Cornerstone will own the remaining 15% of ENSA.
Mario Drolet; Email: [email protected]; Tel. (514) 904-1333
This news release may contain ‘Forward-Looking Statements’ that involve risks and uncertainties, such as statements of Cornerstone’s beliefs, plans, objectives, strategies, intentions and expectations. The words “potential,” “anticipate,” “forecast,” “believe,” “estimate,” “intend”, “trends”, “indicate”, “expect,” “may,” “should,” “could”, “project,” “plan,” or the negative or other variations of these words 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 after 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,
President and CEO