Crowne Ventures to Reduce Number of Authorized Shares

Crowne Ventures (CRWV) announced that its Board of Directors and Stockholders have approved an Amendment to the Articles of Incorporation to reduce the number of authorized shares in the Company from 1,000,000,000 to 550,000,000, with 500,000,000 common shares authorized, and 50,000,000 preferred shares authorized. In addition, the Company has announced the launch of its new website, www.crownmining.com. Each of these actions is in keeping with the Company's strategic plans and goals to become a major gold producer.