Crown Point Comments on Recent Trading Activity in its Common Shares

CALGARY, ALBERTA--(Marketwire - Jan. 19, 2012) - Crown Point Ventures Ltd. (TSX VENTURE:CWV.V - News) ("Crown Point"), at the request of the Investment Industry Regulatory Organization of Canada (IIROC), wishes to confirm that Crown Point's management is unaware of any material change in Crown Point's operations that would account for the recent increase in market activity.

About Crown Point

Crown Point Ventures Ltd. is an oil and gas exploration and development company focused on building sizeable production and reserves in Argentina. The Company's exploration and development activities are currently focused in the Golfo San Jorge and Neuquen basins in Argentina.

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.