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Variscan Mines Completes $5M Placement and Proposes Altoro Metals Rebrand
3:04pm on Thursday 16th of July, 2026 AEST
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Mining
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Variscan Mines Completes $5M Placement and Proposes Altoro Metals Rebrand
3:04pm on Thursday 16th of July, 2026 AEST
Key Points
Second tranche raises $4.31 million via 1.08 billion shares
Directors contribute $0.6 million to placement
Shareholders approve lead manager options and fee shares
Company announces proposed rebranding to Altoro Metals
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Variscan Mines (ASX:VAR)
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