Phenom Resources Corp.

TORONTO, ON / ACCESSWIRE / June 6, 2018 / Cornerstone Metals Inc. will be presenting at this year's MicroCap Conference on June 21st in Toronto, Canada. CONFERENCE OVERVIEW AND STRUCTURE The MicroCap Conference is an exclusive event for investors who specialize in small and microcap stocks. It is an opportunity to be introduced to and speak with management at some of the most attractive small companies, learn from various [...]

Cornerstone Metals is pleased to announce preliminary results of metallurgical test work being conducted on its Carlin Vanadium Project in Nevada. The initial pressure leaching tests have achieved vanadium extraction levels of between 80.2% and 83.6%. "The Company is thrilled with these preliminary results, which signal a major technical breakthrough for this project", said Cornerstone President and Chief Executive [...]

Cornerstone Metals announces the results of the final 7 holes, DDC18-14 to DDC18-20, of the 20-hole confirmation diamond drilling program on its Carlin Vanadium Project, Nevada. The Carlin Vanadium Project is one of the largest, richest primary vanadium deposits in North America . The confirmation drill program: Confirmed and improved the confidence of the geological model of the deposit Confirmed and improved continuity [...]

Cornerstone Metals announces the grant of 1,250,000 stock options to directors, officers, and consultants of the Company, at an exercise price of $0.56 per share, for a five year term, subject to the terms and conditions of the Company's stock option plan. Following this grant of stock options, the Company has a total of 3,090,000 stock options outstanding, representing 9.9% of the outstanding common shares of the [...]

Cornerstone Metals announces the results of 5 holes, DDC18-09 to DDC18-13, of the 20 hole confirmation diamond drilling program on its Carlin Vanadium Project, Nevada. The Carlin Vanadium Project is one of the largest, richest primary vanadium deposits in North America. Four of the newly reported holes were infill diamond drill holes. In addition, Cornerstone's diamond drill hole DDC18-09 specifically twinned a Union [...]

Cornerstone Metals is pleased to announce that it has closed its non-brokered private placement previously announced March 1, 2018 and subsequently amended on March 2, 2018 to increase the number of units offered. The Company has issued an aggregate of 10,000,000 units at a price of $0.30/unit for gross proceeds of $3,000,000. Securities issued pursuant to the private placement will be subject to a four month hold period [...]

Cornerstone Metals is pleased to announce that it is over-subscribed for its non-brokered private placement, previously announced March 1, 2018. Accordingly, the Company will be increasing its private placement such that it now proposes to sell and issue up to 10,000,000 units at a price of $0.30/unit for gross proceeds of up to $3,000,000. Each unit will be comprised of one share and one half warrant. Each full warrant [...]

Cornerstone Metals is pleased to announce a non-brokered private placement of up to 5,000,000 units at a price of $0.30 per unit for gross proceeds of up to $1,500,000. Each unit will be comprised of one share and one half warrant. Each full warrant will be exercisable into one common share for a period of two years at an exercise price of $0.45 per share. The warrants are subject to an acceleration clause should the [...]

Cornerstone Metals at the request of IIROC, wishes to clarify its disclosure regarding the historic resource on the project. The historic Inferred mineral resource quoted in its news release of February 28, 2018 of 28 million tons at 0.515% vanadium pentoxide, having a total metal content of 289 million pounds V2O5, based on a 0.3% V2O5 cut-off grade, was calculated by SRK in 2010, based on drilling completed by Union [...]

Cornerstone Metals announces the results of the first 8 holes of the 20 hole confirmation diamond drilling program on its Carlin Vanadium Project, Nevada. The new holes support the neighbouring historic holes with zone continuity in width and grade where expected, demonstrating an extensive near surface horizontal high grade mineralized vanadium zone. Five of eight new holes returned much higher vanadium grades compared [...]