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CORAZON MINING LIMITED Share Issue/Capital Change 2020

Aug 30, 2020

64747_rns_2020-08-30_4ffc8985-c1b9-486d-94a0-925034c60276.pdf

Share Issue/Capital Change

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----- Start of picture text ----- ASX ANNOUNCEMENT 31 August 2020----- End of picture text -----

31 August 2020

The Manager Company Announcements Office Australian Securities Exchange Limited

CORAZON MINING LIMITED

Issue Unlisted Options

Corazon Mining Limited announces that following approval at the General Meeting of Shareholders on 26 August 2020 that the company has issued the 356,984,000 unlisted options to acquire fully paid ordinary shares exercise price $0.0035 each on or before 30 June 2021, to participants in the placement as per prior Appendix 3B dated 1 July 2020.

The new capital structure following the issue of the options is as follows:

Fully paid ordinary shares (CZN) 3,253,359,145
Listed Options (CZNO) 529,630,094
CZN Performance Rights expire 20 December 2023 10,000,000
CZN Options to acquire fully paid ordinary shares
exercise price $0.007 on or before 10 July 2022 5,000,000
CZN Options to acquire fully paid ordinary shares
exercise price $0.0035 each on or before 30 June 2021 838,963,191

Contact and person who authorised the announcement.

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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 Ph: +61 (8) 6364 0518 | [email protected] | www.corazon.com.au | ASX: CZN

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