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Crownia Holdings Announces Resignation of Chief Operating Officer



Vancouver, British Columbia / TheNewswire / March 13, 2017 - Crownia Holdings Ltd. (TSX-V: CNH; OTCQB: CWNHF) ("Crownia" or the "Company") announces that Mr. Bing Sun, Chief Operating Officer, has resigned from his position of the Company. His job duties will be assumed by Xizhou Tong, President of the Company. The Company expresses its appreciation to Mr. Sun and thanks him for his invaluable contributions over his 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.

"Herrick Lau"

Herrick Lau

CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Herrick Lau - CEO

1-778-331-2082

Herrick.lau@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.