CORAZON MINING LIMITED — Director's Dealing 2017

Mar 30, 2017

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 30/09/01 Amended 01/01/11

Name of entity Corazon Mining Limited 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.

			Jonathan Downes	Jonathan Downes	Jonathan Downes
	Name of Director		Jonathan Downes
	Date of last notice		14 February 2017
Part 1 - Change of director’s rele		vant interests in securities

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	In direct
Nature of indirect interest	Kiandra Nominees Pty Ltd (an entity in
(including registered holder)	which Jonathan Downes has a beneficial
Note: Provide details of the circumstances giving rise to the relevantinterest.	interest)
Date of change	31 March 2017
No. of securities held prior to change	Direct:
	6,625,522 fully paid ordinary shares
Indirect:Katrina Downes (Spouse)	Indirect:2,731,848 fully paid ordinary shares
Relevant Interest held in J & K Downes
Superfund A/C (an entity in which Jonathan
Downes has a beneficial interest)
Gold Member Pty Ltd (a company in which
Jonathan Downes has a relevant interest)
Kiandra Nominees Pty Ltd (an entity in which
Jonathan Downes has a beneficial interest)
Class	Options to acquire fully paid ordinary shares
	exercise price $0.035 expiry 31 March 2020

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	7,000,000 Options to acquire fully paidordinary shares exercise price $0.035 expiry31 March 2020
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after changeIndirect:Katrina DownesRelevant Interest held in J & K DownesSuperfund A/C (an entity in which JonathanDownes has a beneficial interest) and GoldMember Pty Ltd (a company in whichJonathan Downes has a relevant interest)Kiandra Nominees Pty Ltd (an entity in whichJonathan Downes has a beneficial interest)	Direct:6,625,522 fully paid ordinary sharesIndirect:2,731,848 fully paid ordinary shares7,000,000 Options to acquire fully paidordinary shares exercise price $0.035 expiry31 March 2020
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Options issued in accordance to shareholderapproval obtained at meeting held on 30March 2017.

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 Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired

• See chapter 19 for defined terms.

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01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade Not Applicable to proceed during this period? If prior written clearance was provided, on what date was this Not Applicable provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3