Aleksandar

CALGARY, August 7, 2019 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), a capital partner to entrepreneurs and growth businesses, today announced that its Board of Directors has declared a dividend of $0.15 per common share, payable on August 30, 2019 to all shareholders of record as of the close of business on August 16, 2019.

This dividend is designated by the Company to be an “eligible dividend” pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial or territorial legislation pertaining to eligible dividends. Shareholders with questions regarding the tax treatment of dividends should consult with their own tax advisors.

About Crown Capital Partners (TSX:CRWN)

Founded in 2000, Crown is a leading specialty finance company that provides growth capital to a diversified group of successful mid-market companies that are seeking alternatives to banks and private equity funds. Crown provides customized solutions in the form of loans, royalties, and other structures with minimal or no ownership dilution. In addition to deploying capital as a principal investor, Crown develops, manages and co-invests in alternative investment funds, including Crown Partners Fund and Crown Capital Power Fund.

 FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, July 29, 2019 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), a capital partner to entrepreneurs and growth businesses, today announced it has entered an agreement with Concentra Bank (“Concentra”) under which Crown will provide investment management services for Concentra’s $20 million investment in a syndicated senior secured credit facility for a holding company controlled by Don Wall. As previously disclosed, Crown announced the repayment of its loan to Canadian Helicopters, of which Don Wall is the sole-owner and President and CEO.

“We are pleased to support Concentra on this investment, which leverages our knowledge of a pre-existing relationship and our team’s deep experience in managing middle market credit,” said Chris Johnson, President & CEO of Crown. “Based on our well-established presence in the Canadian market, we generate strong deal flow and, over time, this presents an opportunity to act in a similar role for senior debt transactions that do not fit the investment parameters of Crown Partners Fund.”

Ryan Graham, Concentra’s Chief Banking Officer, commented: “The Crown team has an excellent track record in managing private credit investments, and we look forward to working with them and benefitting from their portfolio management and origination capabilities focused on mid-market businesses.”

Concentra is Canada’s leading provider of wholesale banking and trust solutions to credit unions and Canadians. The company currently has over $9.7 billion in total assets and offers a wide range of financial solutions including specialized banking, consumer finance, treasury, and wealth management solutions to business owners, consumers, and credit unions nationwide.

About Crown Capital Partners (TSX:CRWN)
Founded in 2000, Crown is a leading specialty finance company that provides growth capital to a diversified group of successful mid-market companies that are seeking alternatives to banks and private equity funds. Crown provides customized solutions in the form of loans, royalties, and other structures with minimal or no ownership dilution. In addition to deploying capital as a principal investor, Crown develops, manages and co-invests in alternative investment funds, including Crown Partners Fund and Crown Capital Power Fund.

 FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, July 29, 2019 – Crown Capital Partners Inc. (“Crown”) (TSX: CRWN), a capital partner to entrepreneurs and growth businesses, today announced the full repayment by Canadian Helicopters Limited (“Canadian Helicopters”) of an $8 million term loan from Crown Capital Partner Funding, LP (“Crown Partners Fund”). Canadian Helicopters is the largest helicopter transportation services company in Canada with a network of 28 strategically located fixed bases to support operations throughout the country.

“Canadian Helicopters has been a solid performer and we wish Don and his team continued success,” said Chris Johnson, President and CEO of Crown. “This was another successful investment for Crown Partners Fund.”

Don Wall, President & CEO of Canadian Helicopters, said: “Crown has been a strong financial partner and we appreciated their support and responsiveness.”

Canadian Helicopters has prepaid this loan in full, including principal, interest, fees and other payments. The Canadian Helicopters loan was held by Crown Partners Fund, an investment fund managed by Crown and in which Crown holds an effective interest of 37%. The realized Gross IRR on Crown Partners Fund’s aggregate investment in Canadian Helicopters was 23.8%.

About Crown Capital Partners (TSX:CRWN)

Founded in 2000, Crown is a leading specialty finance company that provides growth capital to a diversified group of successful mid-market companies that are seeking alternatives to banks and private equity funds. Crown provides customized solutions in the form of loans, royalties, and other structures with minimal or no ownership dilution. In addition to deploying capital as a principal investor, Crown develops, manages and co-invests in alternative investment funds, including Crown Partners Fund and Crown Capital Power Fund.

 FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, July 29, 2019 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), a capital partner to entrepreneurs and growth businesses, today announced it has entered an agreement with Concentra Bank (“Concentra”) under which Crown will provide investment management services for Concentra’s $20 million investment in a syndicated senior secured credit facility for a holding company controlled by Don Wall. As previously disclosed, Crown announced the repayment of its loan to Canadian Helicopters, of which Don Wall is the sole-owner and President and CEO.

“We are pleased to support Concentra on this investment, which leverages our knowledge of a pre-existing relationship and our team’s deep experience in managing middle market credit,” said Chris Johnson, President & CEO of Crown. “Based on our well-established presence in the Canadian market, we generate strong deal flow and, over time, this presents an opportunity to act in a similar role for senior debt transactions that do not fit the investment parameters of Crown Partners Fund.”

Ryan Graham, Concentra’s Chief Banking Officer, commented: “The Crown team has an excellent track record in managing private credit investments, and we look forward to working with them and benefitting from their portfolio management and origination capabilities focused on mid-market businesses.”

Concentra is Canada’s leading provider of wholesale banking and trust solutions to credit unions and Canadians. The company currently has over $9.7 billion in total assets and offers a wide range of financial solutions including specialized banking, consumer finance, treasury, and wealth management solutions to business owners, consumers, and credit unions nationwide.

About Crown Capital Partners (TSX:CRWN)
Founded in 2000, Crown is a leading specialty finance company that provides growth capital to a diversified group of successful mid-market companies that are seeking alternatives to banks and private equity funds. Crown provides customized solutions in the form of loans, royalties, and other structures with minimal or no ownership dilution. In addition to deploying capital as a principal investor, Crown develops, manages and co-invests in alternative investment funds, including Crown Partners Fund and Crown Capital Power Fund.

 FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, July 16, 2019 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), a capital partner to entrepreneurs and growth businesses, today announced it will host a conference call to discuss its 2019 second quarter financial results on August 8, 2019 at 8:30 a.m. EDT. The call will be hosted by Chris Johnson, President and Chief Executive Officer, and Michael Overvelde, Chief Financial Officer. Crown will issue its financial results on the morning of August 8, 2019.

Q2 2019 CONFERENCE CALL

DATE:                                                  Thursday, August 8, 2019

TIME:                                                   8:30 a.m. EDT

DIAL IN NUMBER:                               (416) 764-8688 or (888) 390-0546

CONFERENCE ID:                                87867312

REPLAY:                                               (416) 764-8677 or (888) 390-0541 (playback code: 867312)

Available until midnight (EDT)            August 15, 2019

WEBCAST:                                           The audio webcast can be accessed at www.crowncapital.ca under Investor Relations

or

at https://bit.ly/2JyD9bN

ABOUT CROWN CAPITAL PARTNERS (TSX:CRWN)

Founded in 2000, Crown is a leading specialty finance company that provides growth capital to a diversified group of successful mid-market companies that are seeking alternatives to banks and private equity funds. Crown provides customized solutions in the form of loans, royalties, and other structures with minimal or no ownership dilution. In addition to deploying capital as a principal investor, Crown develops, manages and co-invests in alternative investment funds, including Crown Partners Fund and Crown Capital Power Fund.

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Creates new platform for revenue growth and diversification for Crown

Provides WireIE with strengthened financial foundation to expand services and customer base

CALGARY, July 15, 2019 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), a capital partner to entrepreneurs and growth businesses, today announced it has completed a transaction (the “Transaction”) to acquire WireIE Holdings International Inc. (“WireIE”), an Ontario-based network operator that specializes in the deployment and management of carrier-grade data networks across Canada and internationally to underserved communities.

Pursuant to the Transaction, Crown has acquired all the debt and equity of WireIE for a nominal amount on closing and a performance-based earn-out payment of up to $5 million. Crown had previously provided an income streaming facility to WireIE in July 2018 to support the company’s expansion. Crown has invested $7.6 million to date and will provide additional capital as required to fund future growth.

“WireIE generates high-quality, recurring cash flows through the development of carrier-grade data networks,” said Chris Johnson, President & CEO of Crown. “We’re delighted to expand our relationship with WireIE and welcome it to the Crown platform. The data network industry is rapidly growing and capital-intensive, and we view this industry as a new avenue for revenue growth and diversification for Crown, building on our special situations and power segments. In addition to direct investments such as WireIE, there is an opportunity to develop a third-party fund targeting this market.”

The WireIE executive team will remain in place to direct the continued growth of the company, led by its founder, President & CEO, Rob Barlow.

“Crown is a highly experienced, well-established specialty finance company, and this new ownership structure will enhance our ability to access capital to expand geographically, while continuing to deliver trusted, reliable, secure and certified networks to underserved enterprises and communities,” said Rob Barlow. “This is an exciting new chapter for WireIE.”

About WireIE
Founded in 2007, WireIE builds, owns, and operates the data networks for its blue-chip customers in the telecom carrier, oil and gas, utility, and government industries. WireIE’s core value proposition is to provide carriers with the ability to deliver high-quality network services to their commercial customers in underserved areas without having to build and manage circuits. WireIE has partnerships with Canada’s leading national carriers. The company’s services address a large and growing need, with U.S. and Canadian government legislation mandating high-speed broadband as an essential service.

 About Crown Capital Partners (TSX:CRWN)
Founded in 2000, Crown is a leading specialty finance company that provides growth capital to a diversified group of successful mid-market companies that are seeking alternatives to banks and private equity funds. Crown provides customized solutions in the form of loans, royalties, and other structures with minimal or no ownership dilution. In addition to deploying capital as a principal investor, Crown develops, manages and co-invests in alternative investment funds, including Crown Partners Fund and Crown Capital Power Fund.

 FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, May 28, 2019 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), a capital partner to entrepreneurs and growth businesses,  previously disclosed that Solo Liquor Holdings Limited and Solo Liquor Stores Ltd. (collectively “Solo”) was placed in receivership on May 1, 2019 by ATB Financial, which provided credit facilities to Solo. Crown Capital Partner Funding, LP (“Crown Partners Fund”) has a $15 million loan outstanding to Solo. Crown is the manager of the fund and has an effective interest of approximately 37% in Crown Partners Fund.  In its financial results for the three months ended March 31, 2019, Crown recorded a provision for the full amount of its loan to Solo.

Crown has been working closely with ATB and the Court-appointed receiver, FTI Consulting Canada Inc., in the receivership process. As part of its efforts to recover funds, Crown Partners Fund recently advanced $13.6 million to acquire a portion of the outstanding senior debt of Solo from ATB. Crown management currently expects that the realization on the security underlying the loans will result in the recovery of the recent advance as well as an estimated $3.5 million to $4.5 million on the original investment by Crown Partners Fund.

“We continue to work diligently to maximize the recovery for our investors, and this is an important step in that process,” said Chris Johnson.

About Crown Capital Partners (TSX:CRWN)
Founded in 2000, Crown is a leading specialty finance company that provides growth capital to a diversified group of successful mid-market companies that are seeking alternatives to banks and private equity funds. Crown provides customized solutions in the form of loans, royalties, and other structures with minimal or no ownership dilution. In addition to deploying capital as a principal investor, Crown develops, manages and co-invests in alternative investment funds, including Crown Partners Fund and Crown Capital Power Fund.

 FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, May 7, 2019 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), a capital partner to entrepreneurs and growth businesses, today announced its financial results for the first quarter ended March 31, 2019. Crown’s complete financial statements and management’s discussion and analysis for the three-month period ended March 31, 2019 are available on SEDAR at www.sedar.com.

Q1 2019 Financial & Operating Highlights

• Interest revenue increased by 43% over the comparable period to $8.0 million due primarily to expansion of the investment portfolio.
• Fees and other income increased to $1.6 million (Q1 2018 – $0.2 million) including fees earned in relation to the early repayment of two special situations loans.
• Total revenue declined to $(4.0) million compared with $5.3 million in Q1 2018 due to the inclusion in Q1 2019 revenue of a $(13.5) million net loss on investments, which is comprised primarily of a $(15.6) million unrealized loss recognized on the investment in Solo Liquor Holdings Limited (“Solo Liquor”).
• Net income (loss), net of non-controlling interests, of $(4.0) million (Q1 2018 – $0.9 million), or $(0.41) per common share (basic) (Q1 2018 – $0.09).
• A provision for bad debts of $3.0 million was recognized in relation to an amount owing from an operating partner affiliated with Crown Capital Power Limited Partnership.
• Adjusted Funds from Operations¹ of $0.6 million, compared with $2.2 million in Q1 2018.
• Total assets of $263.6 million at quarter-end, compared with $275.9 million at December 31, 2018.
• On March 1, 2019 paid a quarterly dividend of $0.15 per common share.
• Completed an upsizing of $43 million for Crown Capital Power Limited Partnership (“Crown Power Fund”), increasing the total capital to approximately $58 million.
• Crown Capital Partner Funding, LP (“Crown Partners Fund”) announced an agreement to provide an additional $5 million to portfolio company Triple Five Intercontinental Group, increasing the size of this loan to $20 million.
• Crown Partners Fund received early repayment of two special situations loans totaling $45 million: Baylin Technologies ($30 million) and Bill Gosling Outsourcing ($15 million).
• Finalized a new $25 million senior secured revolving credit facility for Crown Partners Fund and extended the maturity of Crown’s existing $35 million senior secured revolving corporate credit facility, to May 31, 2021.
• Subsequent to quarter end, Crown Partners Fund announced a $25 million, 60-month term loan commitment to Rokstad Holdings Corporation of which $15 million has been advanced to-date.

“Our first quarter results showed strong growth in interest revenue and fee income; however, these revenue gains were offset by an impairment on our investment in Solo Liquor,” said Chris Johnson, President and CEO of Crown. “The situation with Solo Liquor is disappointing, as it has been over five years since our last impairment on an investment. We are working diligently to recover funds in relation to this investment, but at this time the extent of potential recovery remains uncertain. We’ve accumulated investment gains in Crown Partners Fund and, following this impairment, these will remain at reasonable levels. Additionally, we continue to hold positions in multiple outstanding companies that are expected to create additional investment gains as they are realized.”

Mr. Johnson added: “We continued to advance the Crown Power Fund in the quarter, highlighted by the upsizing of the fund and adding projects and operating partners. While we are in the early stages of building this investment vehicle, it’s more and more apparent there is a significant need in Ontario, and we are seeing the same dynamics in other regions of Canada and the United States. We plan to expand our base of operating partners in these regions, further increasing the addressable market for the fund. As we work with a number of newly established operating partners, there is a higher risk of unanticipated outcomes, and to this end we have recorded a provision of $3 million for potentially unrecoverable funds advanced to an operating partner in relation to projects, which we are working to recover.”

1. Adjusted EBIT and Adjusted Funds from Operations are not measures of financial performance (nor do they have standardized meanings) under IFRS. In evaluating these measures, investors should consider that the methodology applied in calculating these measures might differ among companies and analysts. The Corporation has provided a reconciliation of earnings before income taxes to Adjusted EBIT and Adjusted Funds from Operations in this news release. The Corporation believes these are useful supplemental measures that may assist investors in assessing the financial performance and the cash anticipated to be generated by Crown’s business. Adjusted EBIT and Adjusted Funds from Operations should not be considered as the sole measures of Crown’s performance and should not be considered in isolation from, or as a substitute for, analysis of the Corporation’s financial statements.

Conference Call & Webcast

Crown will host a conference call to discuss its Q1 2019 financial results at 2:00 p.m. EDT on May 7, 2019. The call will be hosted by Chris Johnson, President & CEO, and Michael Overvelde, CFO. To participate in the call, dial (416) 764-8688 or (888) 390-0546 using the conference ID 42237111. The audio webcast can be accessed at www.crowncapital.ca under Investor Relations or https://bit.ly/2vhntms. Listeners should access the webcast or call 10-15 minutes before the start time to ensure they are connected.

About Crown Capital Partners (TSX:CRWN)
Founded in 2000, Crown is a leading specialty finance company that provides growth capital to a diversified group of successful mid-market companies that are seeking alternatives to banks and private equity funds. Crown provides customized solutions in the form of loans, royalties, and other structures with minimal or no ownership dilution. In addition to deploying capital as a principal investor, Crown develops, manages and co-invests in alternative investment funds, including Crown Partners Fund and Crown Capital Power Fund.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the alternative financial market and the general economy, transaction pipeline, Crown’s business plans and strategy, including anticipated capital deployments and the timing thereof, and Crown’s future cash flow and shareholder value. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, May 6, 2019 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), a capital partner to entrepreneurs and growth businesses, today announced that its Board of Directors has declared a dividend of $0.15 per common share, payable on May 31, 2019 to all shareholders of record as of the close of business on May 17, 2019.

This dividend is designated by the Company to be an “eligible dividend” pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial or territorial legislation pertaining to eligible dividends. Shareholders with questions regarding the tax treatment of dividends should consult with their own tax advisors.

About Crown Capital Partners (TSX:CRWN)

Founded in 2000, Crown is a leading specialty finance company that provides growth capital to a diversified group of successful mid-market companies that are seeking alternatives to banks and private equity funds. Crown provides customized solutions in the form of loans, royalties, and other structures with minimal or no ownership dilution. In addition to deploying capital as a principal investor, Crown develops, manages and co-invests in alternative investment funds, including Crown Partners Fund and Crown Capital Power Fund.

 FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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