Variscan Mines Limited (AU:VAR) has released an update.
Variscan Mines Limited has announced the issuance of 15 million new Ordinary Shares, in accordance with Section 708A(5)(e) of the Corporations Act, without the need for a disclosure document. The company is in full compliance with its reporting and disclosure obligations and confirms that no material information has been withheld from investors. Variscan, a resource-focused company, is primarily engaged in developing its zinc projects in Spain.
For further insights into AU:VAR stock, check out TipRanks’ Stock Analysis page.