Crown mining Corporation announced a non brokered private placement of 5,000,000 units at a price of CAD 0.1 per unit for gross proceeds of CAD 500,000 on January 6, 2021. Each unit consists of one common share and one-half of one common share purchase warrant. Each warrant entitles the warrant holder to acquire one common share add an exercise price of CAD 0.15 at any time within 2 years after closing subject to an acceleration clause. All securities issued pursuant to the transaction will be subject to a four month hold period. Completion of the transaction is subject to receipt of all required regulatory and TSX Venture Exchange approvals.