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Corazon Mining Limited (ASX:CZN)

ALERT: Price-sensitive ASX Announcement for CZN
Current share price for CZN : $0.078 -0.122 (-61%)+
Announcement
Release
19 May 2026 11:10AM
Price at Release
$0.200
Full Release
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Summary
Corazon Mining Limited responded to an ASX price query regarding the significant increase in the price and trading volume of its securities. The company acknowledged incomplete and confidential negotiations concerning the potential acquisition of the Chalice Gold Project from Westgold Resources Limited, as well as interpreted assay results from the Two Pools diamond drilling program. These developments were not publicly disclosed as they were considered incomplete at the time. Following the agreement of final terms and further validation of assay information, Corazon Mining announced the acquisition and a capital raising plan on 19 May 2026. The company confirmed its compliance with ASX listing rules and indicated that all necessary disclosure protocols were followed.
Key Points
  • Significant increase in CZN’s securities price and trading volume.
  • Ongoing confidential negotiations for the acquisition of Chalice Gold Project.
  • Receipt and interpretation of assay results from Two Pools drilling program.
  • Final agreement and announcement on acquisition and capital raising.
  • Confirmation of compliance with ASX Listing Rules.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.