Announcement PDF ASX Announcement – 18 May 2023 RESULTS OF GENERAL MEETING Variscan Mines Limited (“Variscan” or the “Company”) advises that all resolutions put to shareholders at today’s General Meeting were passed on a poll. The details of the voting are set out in Appendix A. In accordance with Section 251AA(1) of the Corporations Act, a schedule of valid proxies received for the meeting is set out in Appendix B. This announcement has been authorised for issue by Mark Pitts, Company Secretary, Variscan Mines Limited. For further information: Variscan Mines Limited Stewart Dickson T: +44 (0) 7799 694195 E: stewart.dickson@variscan.com.au About Variscan Mines Limited Variscan Mines Limited (ASX:VAR) is a growth oriented, natural resources company focused on the acquisition, exploration and development of high-quality strategic mineral projects. The Company has compiled a portfolio of high-impact base-metal interests in Spain, Chile and Australia. The Company’s name is derived from the Variscan orogeny, which was a geologic mountain building event caused by Late Paleozoic continental collision between Euramerica (Laurussia) and Gondwana to form the supercontinent of Pangea. ASX Code: VAR Web - www.variscan.com.au RESULTS OF THE MEETING APPENDIX A Resolution For Ratification of issue of 1 Tranche 1 Placement Shares Approval of issue of 2 Tranche 2 Placement Shares Approval of issue of 3 Placement Options 16,472,213 544,135 96.80% 3.20% 16,372,213 644,135 96.21% 3.79% 16,472,213 96.80% 16,349,124 96.22% 49,946,835 544,135 3.20% 642,135 3.78% 494,297 99.02% 0.98% Approval of issue of Commission Shares Approval of issue of 5 Shares in lieu of fees to Directors 4 Page | 2 Against Excluded/ Abstain Result 41,380,556 Passed 41,380,556 Passed 41,380,556 Passed 41,405,645 Passed 7,955,772 Passed SCHEDULE OF PROXIES RECEIVED FOR THE MEETING Resolution 1 2 3 4 5 Ratification of issue of Tranche 1 Placement Shares Approval of issue of Tranche 2 Placement Shares Approval of issue of Placement Options Approval of issue of Commission Shares Approval of issue of Shares in lieu of fees to Directors Page | 3 For APPENDIX B Against Discretionary Excluded/ Abstain 12,941,424 544,135 3,530,789 41,380,556 12,841,424 644,135 3,530,789 41,380,556 12,941,424 544,135 3,530,789 41,380,556 12,818,335 642,135 3,530,789 41,405,645 46,416,046 494,297 3,530,789 7,955,772