CORAZON MINING LIMITED — Capital/Financing Update 2015

Mar 31, 2015

==> picture [249 x 107] intentionally omitted <==

1 April 2015

The Manager Company Announcements Office ASX Limited

CORAZON MINING LIMITED

Notice under Section 708A

Corazon Mining Limited ( Company ) hereby notifies the Australian Stock Exchange in accordance with Section 708A (5)(e) of the Corporations Act 2001 ( the Act ) that:

The Company issued 40,000,000 fully paid ordinary shares on 1 April 2015 as consideration for the acquisition of Canadian tenement assets in accordance with the Asset Sale Agreement dated 19 December 2014.

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under Section 708 or 708A of the Act. By giving this notice, sale of the shares will fall within the exemption in Section 708A(5) of the Act.

The shares were issued without disclosure to investors under Part 6D.2 of the Act, in reliance on Section 708A(5).

The Company, as at the date of this notice, has complied with:

• (a) the provisions of Chapter 2M of the Act as they apply to the Company; and

• (b) Section 674 of the Act.

As at the date of this notice, there is no excluded information for the purposes of Section 708A(7) or 708A(8) of the Act.

Yours faithfully

==> picture [159 x 65] intentionally omitted <==

ROB ORR

COMPANY SECRETARY

Corazon Mining 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