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11-16 - Cornerstone enters into agreements with senior management

  Mount Pearl, NL, Canada: Cornerstone Capital Resources Inc. ("Cornerstone") (TSXV-CGP) (F-GWN) (B-GWN) announces it has entered into agreements with four officers (President, CFO, VP Exploration, and South America Regional Exploration Manager and Ecuador Country Manager) pursuant to which Cornerstone has agreed to make a severance payment to each of such persons in the event of termination of employment following a change of control. The change of control provision is a "double trigger" in that both a change of control must occur and it must be followed within 12 months by a wrongful or constructive wrongful dismissal. If the double trigger occurs, the termination payments are equal to 1.5 times annual base compensation.

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