Crownia Holdings Announces Restructuring of Senior Management

Tickers: PINX:CWNHF, XTSX:CNH
Tags: Mining

VANCOUVER, BRITISH COLUMBIA / TheNewswire / May 12, 2017 - Crownia Holdings Ltd. (TSX-V: CNH; OTCQB: CWNHF) ("Crownia" or the "Company") announces that Ms. Amanda Tseng, Chief Financial Officer, resigned from her position of the Company effective May 12, 2017. Her job duties will be assumed by Herrick Lau, who steps down from CEO of the Company. Xizhou Tong, the current President of the Company, will assume the roles of CEO and President. The Company expresses its appreciation to Ms. Tseng and thanks her for her invaluable contributions over her tenure.

About Crownia Holdings Ltd.

As a specialty steel trading company, Crownia provides value-add by identifying suitable suppliers for products that best suit customer needs, establishing distribution centers in optimal locations, and providing superior sales and after-sale services to customers.

On behalf of the Board of Directors,

Crownia Holdings Ltd.

"Xizhou Tong"

Xizhou Tong

President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Xizhou Tong - President and CEO

1-604-688-9588

xizhou.tong@crowniaholdings.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Copyright (c) 2017 TheNewswire - All rights reserved.

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