Variscan Mines Limited (AU:VAR) has released an update.
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Variscan Mines Limited has experienced a significant change in shareholding, with Zinc GroupCo Pty Ltd increasing its voting power from 19.789% to 22.57% through two private placements. As a result of these transactions, Zinc GroupCo Pty Ltd now holds 100,000,000 ordinary shares in Variscan Mines. This change in the company’s substantial holder structure could signal new developments for Variscan Mines and its investors.
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