Cornerstone Metals Amends Private Placement to Increase Units Offered to 2,000,000 Units

Cornerstone Metals Inc. ("Cornerstone" or the "Company") (TSX VENTURE:CCC)
announces it has amended a private placement previously announced on October 15,
2012 to increase the number of units offered to up to 2,000,000 units, priced at
$0.125 per unit, for total gross proceeds of up to $250,000, subject to TSX
Venture Exchange approval. Commissions may be paid in accordance with TSX
Venture Exchange policies.


Each unit will be comprised of one common share and one warrant, with each
warrant exercisable at $0.20 per share any time within an 18-month period from
the closing date of the Private Placement.


The Company expects to use the proceeds of the Private Placement for general
working capital.


The securities issued pursuant to the Private Placement will be subject to a
four month hold period from the closing date.


About the Company

Cornerstone Metals Inc. owns 100% (subject to 1.5% NSR's) of the 12,066 hectare
Spences Bridge Gold Project near Merritt, BC. The Spences Bridge project is an
exploration project focused on gold in the Spences Bridge Gold Belt.


Cornerstone is also seeking advanced stage exploration projects or
development/production stage project in precious metals or copper in the
Americas. The Company has a core competence of taking exploration -staged
projects to production. Management/board expertise includes exploration,
permitting, development and production of open pit and underground hard rock
mines.


On Behalf of the Company

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 use of proceeds of the Private Placement, strategy, 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 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cornerstone Metals Inc.
Courtney Shearer
Interim - CEO and President
[phone]
[phone] (FAX)
[e-mail]
www.cornerstonemetals.ca