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CORAZON MINING LIMITED Board/Management Information 2009

Jan 27, 2009

64747_rns_2009-01-27_66b77c9b-2fce-455a-9dd6-d0e010a738e5.pdf

Board/Management Information

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28 January 2008

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ASX Release

Graynic appoints Mr Clive Jones Chairman

Australian exploration company Graynic Metals Limited (ASX: GYN) (Graynic) is pleased to announce the appointment of experienced mining company executive Mr Clive Jones as Non-Executive Chairman of the Company.

Mr Jones will take up the role with immediate effect after the resignation of Mr Ivan Hoffman. Mr Hoffman has resigned for personal reasons.

Mr Jones brings considerable experience to the position of Non-Executive Chairman and has been a board member of Graynic since the Company’s listing in June 2005. Mr Jones is currently joint Managing Director for Cazaly Resources Ltd and is also Chairman of Cortona Resources Limited and a Director of Bannerman Resources Limited all of which are ASX-listed companies.

Graynic currently has $1.7 million in cash reserves and is continuing to assess project opportunities in line with the Company’s stringent selection criteria to provide the best outcome for shareholders.

The Board would like to thank Mr Hoffman for his contribution to Graynic since his appointment in October 2005.

Enquiries: Bronwyn Barnes Managing Director 08 6364 0518 0417 093 256 [email protected] www.graynicmetals.com.au

James Moses Media and Investor Relations Mandate Corporate 0420 991 574 [email protected]

Graynic Metals Limited ACN : 112 898 825

Suite 5, Level 1, 350 Hay St, Subiaco, Western Australia, 6008. PO Box 935, West Perth, WA, 6872 Phone: 08 6364 0518 Fax: 08 6210 1872