Crownia Holdings Ltd. (TSXV:CNH)announced a non-brokered private placement of up to 413,500 shares at a price of CAD 0.50 per share for the gross proceeds of up to CAD 206,750 on July 8, 2016. The securities issued are subject to hold period of four months from date of closing. The transaction is subject to acceptance by the TSX Venture Exchange.