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Cornerstone Capital Resources Inc V.CGP


Primary Symbol: CTNXF

Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.


OTCPK:CTNXF - Post by User

Post by yesnoon Sep 16, 2009 6:12pm
274 Views
Post# 16312422

News - Rule Family Trust sells...

News - Rule Family Trust sells...

Cornerstone Capital investor Rule sells all shares

2009-09-16 14:37 ET - News Release

Ms. Gretchen Carter of the Rule Family Trust reports

THE RULE FAMILY TRUST DISPOSES OF SHARES OF CORNERSTONE CAPITAL RESOURCES INC.

The Rule Family Trust has disposed of three million common shares (representing 4.01 per cent of the outstanding shares) of Cornerstone Capital Resources Inc. of Mount Pearl, Nfld., through sales made on the TSX Venture Exchange. It now has control and direction over no common shares of Cornerstone, and warrants to purchase a further 4,992,000 common shares and 692,500 warrants. If all of the warrants are exercised, it will have control and direction over 5,684,500 common shares of Cornerstone (representing 7.06 per cent of its then-outstanding common shares).

It disposed of the shares due to normal investment reallocation and has filed an early-warning report with the British Columbia, Alberta, Nova Scotia and Newfoundland securities commissions, in respect of the disposition. Copies of the report may be obtained from SEDAR, or without charge from the trust.

Contact

Gretchen Carter

The Rule Family Trust

7770 El Camino Real

Carlsbad, Calif.

92009

Phone: 760-943-3939

Fax: 760-943-3940

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