Corazon Mining Ltd T.CZN

Primary Symbol: CRZNF

Metals & Mining Industrial Metals & Minerals

Corazon Mining Limited is an Australia-based mineral resource and exploration company. The Company is an explorer advancing the Lynn Lake Nickel-Copper-Cobalt Sulfide Project in Manitoba, Canada, as well as the Mt Gilmore cobalt-copper-gold (Mt Gilmore) and Miriam nickel Sulfide projects (Miriam) in Australia. The Lynn Lake Nickel-Copper-Cobalt Sulfide Project is a significant Class-1 nickel resource. The Mt Gilmore Project is located 35 kilometers from the city of Grafton in north-eastern New South Wales. The Company owns an 80% interest in Mt Gilmore. Mt Gilmore is focused on multiple rare, cobalt-rich sulfide deposits, similar to Cobalt Ridge. The Miriam comprises five Prospecting License applications (P15/6135 to P15/6139 inclusive) and is located approximately 10 kilometers south-southwest of Coolgardie on an ultramafic trend, which hosts Auroch Minerals’ Miriam and Nepean Nickel Deposits.

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Corazon Mining Ltd

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Post by bilarooon Oct 17, 2020 2:44pm

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Post# 31734697

RCF is not so slowly......

......buying the whole company for a song. They will soon own 53% of the shares. Assuming Mr. Macdonald buys his allotment, he will own approx. 14,000,000 shares.

With a 2/3 majority they will be able to take the company in any direction they want. There is nothing we can do to stop them. This is what scares me.

For a recent example, look at what (BNP) Bonavista did to their shareholders. I was one of them.
We got the princely sum of 5 cents a share for what was once a $30 stock.
The stock is delisted, the company survived, and shareholders got the boot.

Just a cautionary tale.

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