Crown Minerals Announces $300,000 Non-Brokered Private Placement

TORONTO, ONTARIO–(Marketwire – Nov. 10, 2009) – Crown Minerals Inc. (“Crown” or the “Company”) (TSX VENTURE:CWM) is pleased to announce a proposed non-brokered private placement of up to 2,500,000 units at a price of $0.12 per unit (the “Offering”), for aggregate gross proceeds of up to $300,000. Each Unit will be comprised of one common share and one share purchase warrant, each such warrant entitling the holder to purchase one common share for $0.18 at any time within 18 months. All securities issued pursuant to this private placement will be subject to a four (4) month hold period. Completion of the private placement is subject to receipt of all required regulatory and other approvals. The Company reserves the right to increase or decrease the size of the Offering.