Crown Minerals update

Resource Investing News

Crown Minerals Inc. (TSX VENTURE:CWM) reported that the company has received TSX Venture Exchange acceptance on March 31, 2010 to complete the previously announced non-brokered shares for debt placement to issue up to 180,000 common shares at a price of $0.16 per share.

Crown Minerals Inc. (TSX VENTURE:CWM) reported that the company has received TSX Venture Exchange acceptance on March 31, 2010 to complete the previously announced non-brokered shares for debt placement to issue up to 180,000 common shares at a price of $0.16 per share.

The press release is quoted as saying:

The issuance of the Common Shares is being completed pursuant to agreements made by the Corporation with consultants of the Corporation (collectively, the “Debt Settlement Agreements”). No bonus, finder’s fee or commission is being paid in connection with the Debt Settlement Agreements.

Click here to access the entire press release

Click here to access Crown Minerals Corporate Site

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