CPI Crown Properties International Corporation

CPI Crown Properties International Corporation

March 02, 2005 22:22 ET

CPI Crown Properties International Corporation Announces The Preparation of Building Permit Drawings and Sales Marketing Documents For The Crown Shores Condominium Project in Airdrie, Alberta


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CPI CROWN PROPERTIES INTERNATIONAL CORPORATION

TSX VENTURE SYMBOL: CWN

MARCH 2, 2005 - 22:22 ET

CPI Crown Properties International Corporation
Announces The Preparation of Building Permit Drawings
and Sales Marketing Documents For The Crown Shores
Condominium Project in Airdrie, Alberta

CALGARY, ALBERTA--(CCNMatthews - March 2, 2005) - CPI CROWN PROPERTIES
INTERNATIONAL CORPORATION (CPI) (TSX VENTURE:CWN) retained the services
of O'Neill, O'Neill Procinsky Architects (ONPA) of Edmonton Alberta in
January 2005 to prepare the contract documents for Crown Shores
Condominiums.

ONPA will be producing all of the contract documents, specifications and
interior detailing for the first three phases of the project that
consists of 120 condominium units.

CPI anticipates that the submission of the application for a building
permit on Crown Shores will take place in April 2005.

CPI is in the process of establishing a condominium sales office on the
Airdrie Site to initiate condominium pre-sales.

CPI CROWN PROPERTIES INTERNATIONAL CORPORATION IS A TIER 1 company whose
common shares are listed for trading on the TSX Venture Exchange under
the symbol of CWN. There are currently 10,404,305 shares issued,
8,109,039 are outstanding and 2,295,266 are held in escrow.

The TSX Venture Exchange Inc. does not accept responsibility for the
adequacy or the accuracy of this news release. The TSX Venture Exchange
has neither approved nor disapproved of the contents of this press
release.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    CPI Crown Properties International Corporation
    Tony Argento, B.A., B.E.D.S., M. Arch
    (403) 291-2456
    info@cpicrown.com
    www.cpicrown.com