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CORAZON MINING LIMITED Capital/Financing Update 2007

Jun 19, 2007

64747_rns_2007-06-19_1aba0ab4-eec0-40cb-8a6a-90997e3896e4.pdf

Capital/Financing Update

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Level 2, 22 Oxford Close WEST LEEDERVILLE WA 6872 T: +61 8 9381 1436 F: +61 8 9381 1068 PO Bos 1681 WEST PERTH WA 6872 www.graynicmerals.com.au

ASX release

20 June 2007

FOR IMMEDIATE RELEASE TO THE MARKET

Release from Escrow

The Company advises that on 30 June 2007, the following securities will be released from escrow:

2,000,000 30 cent options exercisable on or before 30 April 2008.

The Company will not apply to ASX for quotation of the options.

On the 30 June 2007, the following securities will also be released from escrow:

2,894,568 fully paid ordinary shares.

The Company will apply to ASX for quotation of the fully paid ordinary shares so released.

Yours faithfully

Kent Hunter

Company Secretary