Cornerstone Metals Inc. Announces Non-Brokered Private Placement

Cornerstone Metals Inc. (TSX VENTURE:CCC) ("Cornerstone" or the "Company")
wishes to announce a non-brokered private placement pursuant to which it will
issue up to 3,000,000 units at a price of $0.05 per unit for gross proceeds of
up to $150,000. Each unit will consist of one common share and one transferable
share purchase warrant. Each warrant will be exercisable to purchase one
additional common share at an exercise price of: $0.05 in the first six (6)
months after issuance of the warrants, $0.075 in the period from six (6) months
to twelve (12) months after issuance of the warrants, and $0.10 in the period
from twelve (12) months to twenty four (24) months after issuance of the
warrants. If during the exercise period of the warrants, subsequent to the
expiry of the regulatory 4 month hold period, the closing price of the Company's
common shares is at least $0.15 per share for 20 consecutive trading days, the
Company may accelerate the expiry time of the warrants to 20 calendar days from
the date written notice is provided to the warrant holders.


Proceeds from the private placement will be used for general working capital.

The Company may pay a finder's fee to eligible finders in accordance with
regulatory policies.


The private placement is subject to TSX Venture Exchange approval.

In addition, the Company is looking for partners on its properties.

On Behalf of Cornerstone Metals Inc.

Paul Cowley, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cornerstone Metals Inc.
Paul Cowley
604-340-7711
[e-mail]
www.cornerstonemetals.ca