Cornerstone Capital Resources Inc V.CGP

RE: CGP is gonna own 40% of CPP??... NICE...LOL

[rainbow1010]

I believe this is where the other 5% comes from, if they also recieve shares rather than the $490 000. 1) expending US$8 million to fund all exploration programs and "making option payments to Cornerstone of US$490,000 in cash and US$490,000 cash equivalent in shares", all over a period of 4 years or less; and after these requirements are met, 2) issuing shares to Cornerstone equal to 40% of Coastport's fully diluted share capital and granting Cornerstone a 1% net smelter royalty. Cornerstone is the operator until earn-in.