Announcement PDF ASX Announcement | 13 December 2023 Variscan Mines Limited (ASX:VAR) Expiry of Options Variscan Mines Limited (ASX:VAR) (“Variscan” or “the Company”) advises the lapse of 16,500,000 unquoted options. These options, comprising the following tranches, were unexercised upon their expiry on 30 November 2023: - 4,000,000 unquoted options exercisable at $0.055 4,000,000 unquoted options exercisable at $0.065 4,000,000 unquoted options exercisable at $0.080 1,500,000 unquoted options exercisable at $0.095 1,500,000 unquoted options exercisable at $0.100 1,500,000 unquoted options exercisable at $0.105 An Appendix 3H follows for immediate release. This announcement has been authorised for issue by Mark Pitts, Company Secretary, Variscan Mines Limited. For further information, please contact: Variscan Mines Limited (ASX:VAR) Stewart Dickson Managing Director & CEO E: stewart.dickson@variscan.com.au T: +44 (0) 7799 694195 Media & Investor Enquiries The Capital Network Julia Maguire E: julia@thecapitalnetwork.com.au P: +61 2 8999 3699 About Variscan Mines Limited (ASX:VAR) 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. Its primary focus is the development of its advanced zinc projects in Spain. 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. To learn more, please visit: www.variscan.com.au For more information Follow us on LinkedIn Follow us on Twitter Visit our investor website: www.variscan.com.au