SOURCE: IO NewsWire

IO NewsWire

August 29, 2011 10:44 ET

PennyStockPickAlert.com Continues Coverage of (PINKSHEETS: CRWV) Crowne Ventures

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire

NEW YORK, NY--(Marketwire - Aug 29, 2011) - Crowne Ventures. (PINKSHEETS: CRWV) announced after Friday's trading session closed, that the Company's CEO, Dane Peterson, has completed negotiations and secured an adjacent property along the proven trend line of the Company's Gallo de Oro Property. Mr. Peterson further mentioned that, "Securing the Gallo de Oro and Oro de Rojas properties and the estimated 9.5 million tons of ore, make expanding the extraction of recoverable ore from our open pit configuration an absolute must.

As the market for Crowne Ventures seemed to stabilize and witness higher tops over the previous 4 trading days, shares moved from a low of $0.055 to a high of $.11, doubling in value over that time period.

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