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CORAZON MINING LIMITED Capital/Financing Update 2005
64747_rns_2005-06-27_53f12f38-7351-4730-bfeb-6b2caa890a9f.pdf
Capital/Financing Update
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Level 2, 22 Oxford Clear WEST LEEDERVILLE, WA 6872 T: +61 8 9381 1436 F: +61 8 9381 1068 FO Bex 1681 WEST PERTH WA 6872 www.graynicmetals.com.au
23 June 2005
Mr Vickrem Naicker Australian Stock Exchange Limited Exchange Plaza 2 The Esplanade PERTH WA 6000
By Facsimile: (08) 9221 2020
Confirmation of Issue
Dear Vickrem,
The Company proposes to fund its intended activities as outlined in the tables below from the proceeds of the Offer as detailed in the Prospectus dated 13 April 2005.
| EAPENDITURE SUNIVERNT – ALLET KOOBCID | ||||
|---|---|---|---|---|
| PROJECT | YEAR1 | YEAR 2 | TOTAL | |
| Quartz Circle | 690,000 | 745,000 | 1,435,000 | |
| Jutson Rocks | 64,000 | 161,000 | 225,000 | |
| Northampton | 20,000 | 20,000 | 40,000 | |
| TOTALS | 774,000 | 926,000 | 1,700,000 |
ALL PROJECTS EVERYDITTIOF SIMMARY.
Yours sincerely
Kent Hunkr Company Secretary
