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Press Release

Crown Point Accepts Resignation of Director

CALGARY, ALBERTA--(Marketwire - May 4, 2012) - Crown Point Ventures Ltd. ("Crown Point" or the "Company") (TSX VENTURE:CWV) announces that Mr. Chulick has resigned as a director of Crown Point for personal reasons. We would like to thank Mr. Chulick for his time and service to Crown Point and wish him well in his future endeavours.
About Crown Point
Crown Point Ventures Ltd. is an international oil and gas exploration and development Company headquartered in Calgary, Canada, incorporated in Canada, trading on the TSX Venture Exchange and operating in South America. Crown Point's exploration and development activities are focused in the Golfo San Jorge and Neuquen basins in Argentina. Crown Point has a strategy that focuses on establishing a portfolio of producing properties, plus production enhancement and exploration opportunities to provide a basis for future growth.
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.
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