Announcement PDF Application for quotation of +securities Announcement Summary Entity name VARISCAN MINES LIMITED Announcement Type New announcement Date of this announcement Tuesday December 12, 2023 The +securities to be quoted are: Other Total number of +securities to be quoted ASX +security code Security description VAR ORDINARY FULLY PAID Refer to next page for full details of the announcement Application for quotation of +securities 1/6 Number of +securities to be quoted Issue date 2,385,627 12/12/2023 Application for quotation of +securities Part 1 - Entity and announcement details 1.1 Name of entity VARISCAN MINES LIMITED We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules. 1.2 Registered number type Registration number ABN 16003254395 1.3 ASX issuer code VAR 1.4 The announcement is New announcement 1.5 Date of this announcement 12/12/2023 Application for quotation of +securities 2/6 Application for quotation of +securities Part 2 - Type of Issue 2.1 The +securities to be quoted are: Other 2.2 The +securities to be quoted are: Additional +securities in a class that is already quoted on ASX ("existing class") 2.3c Have these +securities been offered under a +disclosure document or +PDS? No 2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B Shares issued following shareholder approval at the Company's Annual General Meeting held on 14 November 2023 2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f) Application for quotation of +securities 3/6 Application for quotation of +securities Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B Additional +securities to be quoted in an existing class ASX +security code and description VAR : ORDINARY FULLY PAID Issue date 12/12/2023 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 2,385,627 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Nil Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.019126 Any other information the entity wishes to provide about the +securities to be quoted The purpose(s) for which the entity is issuing the securities To pay for services rendered Please provide additional details In lieu of outstanding directors fees totalling $45,628.44 Application for quotation of +securities 4/6 Application for quotation of +securities Part 4 - Issued capital following quotation Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.) 4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application) Total number of +securities on issue ASX +security code and description VAR : ORDINARY FULLY PAID 359,000,368 4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description VARAD : PERFORMANCE RIGHTS 2,500,000 VARAL : OPTION EXPIRING 30-NOV-2023 EX $0.055 4,000,000 VARAN : OPTION EXPIRING 30-NOV-2023 EX $0.065 4,000,000 VARAP : OPTION EXPIRING 30-NOV-2023 EX $0.08 4,000,000 VARAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 45,638,890 VARAE : OPTION EXPIRING 30-NOV-2023 EX $0.095 1,500,000 VARAF : OPTION EXPIRING 30-NOV-2023 EX $0.10 1,500,000 VARAG : OPTION EXPIRING 30-NOV-2023 EX $0.105 1,500,000 VARAQ : OPTION EXPIRING 30-NOV-2024 EX $0.045 4,000,000 VARAR : OPTION EXPIRING 30-NOV-2024 EX $0.055 4,000,000 VARAS : OPTION EXPIRING 30-NOV-2024 EX $0.065 4,000,000 Application for quotation of +securities 5/6 Application for quotation of +securities Part 5 - Other Listing Rule requirements 5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No 5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes 5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 14/11/2023 Application for quotation of +securities 6/6