CZ.- Updated Off-take Contract executed with Penoles

20210119-Zinc-

Consolidated Zinc Limited (ASX: CZL; “Consolidated Zinc” or “the Company”) is pleased to announce its 100% owned subsidiary, Minera Latin American Zinc SAPI de CV (“MLAZ”) has executed an agreement with Industrias Penoles S.A. de C.V. (“Penoles”) to reduce the transport costs/allowances of Plomosas concentrate
delivered and sold to Penoles under an extended offtake agreement for the sale of 100% of the Plomosas zinc concentrate.

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