July 4 (Reuters) - Cornerstone Capital Resources Inc CGP.V :
* Cornerstone to acquire additional shares in SolGold Plc
* Will own 11.25 percent of SolGold upon closing and have about 25 percent economic interest (directly and indirectly) in Cascabel concession
* Agreed to acquire additional 91.9 million ordinary shares of SolGold from multiple parties in exchange for 141 million shares of co
* Greg Chamandy to get 62.7 million shares, agreed not to divest more than 2.5 percent of Cornerstone shares to any one party without consent of co
* For as long as Chamandy owns over 10 percent of Cornerstone, he is entitled to appoint a director to board of Cornerstone
* Dmyant Sangha will get 66.5 million shares, has agreed not to divest more than 2.5 percent to any one party without consent of Cornerstone
* Under certain conditions, SolGold will own 85 pct of equity of Exploraciones Novomining S.A., co will own remaining 15 pct Source text for Eikon: ID:nGNXNYTKOa Further company coverage: CGP.V