LAS VEGAS, NV -- (Marketwire) -- 01/13/12 -- Crowne Ventures, Inc. (PINKSHEETS: CRWV) announced today that, following the traditionally-long holiday season in Mexico, it has resumed its operations at the Gallo de Oro Gold Mine. In the coming days, the Company will provide an update on the nature and current status of the operations.
The Company also announced that the Company has not modified its stock structure and the number of issued and outstanding shares of its common stock remain the same as reported in its last filing with OTC Markets, Inc.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases "would be," "would allow," "intends to, " "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
For Further Information Contact:
Investor Relations
Crowne Ventures, Inc.
310.461.3703
email: Email Contact
website: www.crownemining.com