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Cornerstone Signs LOI to Acquire Six Copper Properties in New Mexico and Arizona

Cornerstone Metals Inc. (CCC.V) has signed a LOI to acquire all of the shares of Copper One USA Inc., a private company that holds six copper properties located in New Mexico and Arizona, with the principal property being Lone Mountain, NM. The LOI is subject to due diligence, which the Company will commence immediately, while it proceeds to finalize a definitive agreement to be executed upon completion of successful due diligence.

Cornerstone Metals has agreed to issue to Copper One Inc. (CUO.V) 1,500,000 shares on closing of the transaction.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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