CORAZON MINING LIMITED — Capital/Financing Update 2021

Mar 1, 2021

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ASX ANNOUNCEMENT
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2 March 2021

The Manager Company Announcements Office Australian Securities Exchange Limited

CORAZON MINING LIMITED

Placement of Shares and Notice under Section 708A(5)(e)

Corazon Mining Limited (ACN 112 898 825) ( Company ) is pleased to announce the issue of 40,385,738 fully paid ordinary shares in the Company ( Shares ) at an issue price of $0.05 per Share to sophisticated and professional investors who participated in the placement announced by the Company on 24 February 2021 ( Placement ). The Shares were issued pursuant to the Company’s placement capacity under ASX Listing Rule 7.1 and 7.1A.

Corazon gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 ( the Act ) that:

• a) the Company issued 40,385,738 Shares;

• b) the Shares were issued without disclosure to investors under Part 6D.2 of the Act;

• c) as at the date of this notice, the Company has complied with:

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

• ii) section 674 of the Act; and

• d) as at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.

This announcement has been authorised for release by the Board of Corazon Mining Limited.

Yours faithfully

Robert Orr Company Secretary Corazon Mining Limited

Level 3, 33 Ord St, West Perth, W.A. 6005 | PO Box 8187, Subiaco East, W.A. 6008 1 Ph: +61 (8) 6166 6361 | info@corazon.com.au | www.corazon.com.au | ASX: CZN