29 January 2016 Companies Announcements Office Australian Securities Exchange RESULTS OF GENERAL MEETING We advise that the resolutions, as set out below and put to the above meeting on 29 January 2016, were all carried by a show of hands. Ordinary Resolutions 1. 2. Approval of Prior Placement of Shares on 1 December 2015 Approval of Issue of Unlisted Options In respect of each resolution on the notice of meeting, the total number of proxy votes exercisable by all proxies validly appointed were: Resolution For Against Discretion Abstain/Excluded 1 122,427,600 193,100 209,443 33,789,130 2 122,427,600 193,100 209,443 33,789,130 Variscan Mines Limited Ivo Polovineo Company Secretary