Stephen Dunn Acquires Ownership of Securities of Crown Mining Corp.

Toronto, Ontario--(Newsfile Corp. - June 30, 2014) - Stephen Dunn of Toronto, Ontario, announces that he has indirectly acquired ownership and control of 1,040,000 units ("Units") of Crown Mining Corp. (TSXV: CWM) (the "Reporting Issuer"), with each Unit comprised of one common share in the capital of the Reporting Issuer (each, a "Share") and one Share purchase warrant (each, a "Warrant"), each such Warrant entitling the holder thereof to acquire one additional Share at a price of $0.30 at any time prior to June 30, 2016. The 1,040,000 Units were acquired at a price of $0.10 per Unit as part of a private placement of 3,000,000 Units by the Reporting Issuer (the "Offering").

Prior to the Offering, Mr. Dunn had beneficial ownership and control of an aggregate of 1,280,788 Shares, representing approximately 13.65% of the issued and outstanding Shares on a non-diluted basis. Mr. Dunn also had beneficial ownership and control of 30,000 stock options exercisable for 30,000 Shares at a price of $0.12 per Share until December 31, 2014, 90,000 stock options exercisable for 90,000 Shares at a price of $0.10 per Share until December 31, 2016 and 50,000 stock options exercisable for 50,000 Shares at a price of $0.10 per Share until July 31, 2018 ("Options"), representing approximately 30.63% of the outstanding Options.

Immediately following the Offering, Mr. Dunn has beneficial ownership and control of 2,320,788 Shares, which represents approximately 18.74% of the issued and outstanding Shares on a non-diluted basis, and beneficial ownership and control of 170,000 Options, which represents approximately 30.63% of the outstanding Options and 1,040,000 Warrants, which represents approximately 31.90% of the outstanding Warrants.

Assuming the exercise of the Options and Warrants, the Offeror would directly and beneficially own and control an aggregate of 3,530,788 Shares, representing approximately 26.30% of the issued and outstanding Shares on a partially-diluted basis.

The details of Mr. Dunn's interests in the Reporting Issuer following the Offering are as follows:

• 834669 Ontario Ltd. ("834669") owns 1,992,238 Shares, or approximately 16.09% of the issued and outstanding Shares on a non-diluted basis. 834669 also holds 920,000 Warrants, or approximately 28.22% of the outstanding Warrants.; and
• Mr. Dunn is the registered owner of 328,550 Shares, or approximately 2.65% of the issued and outstanding Shares on a non-diluted basis. The Offeror holds 170,000 Options, or approximately 30.63% of the outstanding Options. The Offeror also holds 120,000 Warrants, or approximately 3.68% of the outstanding Warrants.

Mr. Dunn is the ultimate sole beneficial shareholder of, and exercises complete voting control over, 834669.

The Shares, options and the Warrants directly and indirectly held by Mr. Dunn, including those underlying the 1,040,000 Units indirectly purchased by Mr. Dunn, are being held for investment purposes. In the future Mr. Dunn may, depending on market and other conditions, increase or decrease his beneficial ownership of securities of the Reporting Issuer.

The purchase of these Units by Mr. Dunn directly or indirectly were made under the "Accredited Investor" exemption contained in section 2.3 (1) of National Instrument 45-106 Prospectus and Registration Exemptions.

For further information or to obtain a copy of the relevant early warning report, please contact:

Stephen Dunn
834669 Ontario Ltd.
Telephone: (416) 822-3343