CORAZON MINING LIMITED — Director's Dealing 2010

Mar 14, 2010

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity Graynic Metals Ltd ABN 87 112 898 825

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Jonathan Downes
Date of last notice	5 March 2009

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Relevant Interest held in Gold Member PtyLtd and Family Super fund
Date of change	9 March 2010 entitlement option issue10 March 2010 on market purchase
No. of securities held prior to change	Direct:198,250 fully paid ordinary sharesIndirect:293,291 fully paid ordinary shares
Class	20 cent option to acquire a fully paid shareexpiring 30 April 2013
Number acquired	245,771 20 cent options to acquire a fullypaid share expiring 30 April 201384,389 fully paid shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$1,228.85 options$6,854.00 ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct:198,250 fully paid ordinary shares99,125 20 cent options to acquire a fullypaid share expiring 30 April 2013Indirect:377,680 fully paid ordinary shares146,646 20 cent options to acquire a fullypaid share expiring 30 April 2013
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Non Renounceable Entitlements IssueOn-market trade

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002