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Cornerstone Capital Resources Inc.

09:51 AM EST - Cornerstone Capital Resources Inc. : Provided further information on the recent highly successful initial field visit at the Bramaderos Gold-Copper Project in southern Ecuador where its subsidiary La Plata Minerales S.A. has signed a binding letter of intent with Avalon Minerals Ltd. whereby Avalon will have the right to earn a majority interest in the 4,949-hectare “Bramaderos” concession subject to satisfaction of certain conditions. Cornerstone Capital Resources Inc. shares V.CGP are trading unchanged at $0.49.