CWN Mining Acquisition Corporation announced that it is proposing a change of business from a Tier 2 Mining Issuer to a Tier 2 Investment Issuer (the proposed COB). Following the completion of the proposed COB, the company proposes to make a change to its Board of Directors. Mr. Wei Lin has agreed to step down as a director to make room for Mr. Michael Wang. Mr. Michael Wang has over twenty years of working experience in the financial services and technology sectors. Since 2016, Mr. Michael Wang has been the Managing Director, Head of Corporate banking at China Construction Bank in Toronto.