Cornerstone Metals Amends Private Placement to Increase Units

Cornerstone Metals Amends Private Placement to Increase Units Offered
to 2,000,000 Units 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/26/12 --
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
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
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. 
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. 
Cornerstone Metals Inc.
Courtney Shearer
Interim - CEO and President
(888)255-9404 (FAX)
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