ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CCC Cornerstone Metals (delisted)

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Cornerstone Metals (delisted) TSXV:CCC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Cornerstone Announces Appointment of New Director and Grants Stock Options

10/08/2012 2:00pm

Marketwired Canada


Cornerstone Metals Inc. (TSX VENTURE:CCC) (the "Company") is pleased to announce
the appointment of Jason Nickel, P.Eng. to the Board of Directors of the
Company. Mr. Nickel replaces Mr. Willis Osborne who has resigned his Board
position. The Company wishes to thank Bill Osborne for his contribution to the
Company.


Mr. Nickel has been involved in advancing several mining projects in BC, Yukon
and NWT. He is currently VP of Operations at ROCK Construction and Mining Inc.,
a mining contractor based in Kamloops, BC, focused on drilling and blasting
services across Canada. Previously, Mr. Nickel was VP Mining for New Pacific
Metals, responsible for advancing the Tagish Lake Gold Project in the Yukon.
Prior to that he was Mine Manager of Capstone Mining Corp.'s Minto Mine. He also
worked as a Senior Mining Engineer at De Beers Canada's Snap Lake Diamond Mine
and as a Mining Engineer at the Highland Valley Copper Mine. 


Courtney Shearer, interim CEO of Cornerstone stated, "Jason Nickel brings
additional mining and operations skills to our board, which we expect will
further enhance our ability to evaluate, acquire and develop more advanced stage
mining projects."


The Company also announces the grant of 750,000 stock options to directors,
officers and consultants pursuant to the terms of the Company's stock option
plan. The options are exerciseable at a price of $0.12 per share, for a period
of 5 years from the date of grant. 


Courtney Shearer, Interim CEO and President 

Forward-Looking Statements

This press release contains forward-looking statements. All statements, other
than statements of historical fact, constitute "forward-looking statements" and
include any information that addresses activities, events or developments that
the Company believes, expects or anticipates will or may occur in the future
including the Company's strategy, plans or future financial or operating
performance and other statements that express management's expectations or
estimates of future performance.


Forward-looking statements are generally identifiable by the use of the words
"may", "will", "should", "continue", "expect", "anticipate", "estimate",
"believe", "intend", "plan" or "project" or the negative of these words or other
variations on these words or comparable terminology. All such forward-looking
information and statements are based on certain assumptions and analyses made by
the Company's management in light of their experience and perception of
historical trends, current conditions and expected future developments, as well
as other factors management believes are appropriate in the circumstances. These
statements, however, are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity, performance
or achievements of the Company to be materially different from those expressed,
implied by or projected in the forward-looking information or statements.
Important factors that could cause actual results to differ from these
forward-looking statements include but are not limited to: risks related to the
exploration and potential development of the Company's projects, risks related
to international operations, the actual results of current exploration
activities, conclusions of economic evaluations, changes in project parameters
as plans continue to be refined, future prices of gold, as well as those factors
discussed in the sections relating to risk factors of the Company set out in the
Company's MD&A filed on SEDAR.


There can be no assurance that any forward-looking statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, the reader should not place any
undue reliance on forward-looking information or statements. Except as required
by law, the Company does not intend to revise or update these forward-looking
statements after the date of this document or to revise them to reflect the
occurrence of future unanticipated events.


1 Year Cornerstone Metals Inc. Chart

1 Year Cornerstone Metals Inc. Chart

1 Month Cornerstone Metals Inc. Chart

1 Month Cornerstone Metals Inc. Chart