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Cornerstone Capital Resources Inc.

09:47 AM EST - Cornerstone Capital Resources Inc. : Announced further results from the initial field program at its 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 project subject to satisfaction of certain conditions. Cornerstone Capital Resources Inc. shares V.CGP are trading up $0.005 at $0.46.