Variscan Mines Limited

Variscan Mines Limited (“Variscan” or the “Company”) is an ASX-listed exploration company that recently announced the acquisition of two advanced, high-grade zinc assets in Spain. The acquired projects, the Novales-Udias Project (“Novales”) and the Guajaraz Project (“Guajaraz”) (together, the “Projects”) include granted mining tenements and are located in established mining jurisdictions adjacent to previous high-grade mining operations.