VAR's Principal Activity is the exploration of economic metal and mineral deposits.
|Bid / Ask||-|
|Volume (4w avg)|
|vs Sector (1yr)||+104.43%|
|vs ASX 200 (1yr)||+106.37%|
|ASX Rank||1,953 of 2,397|
|Sector Rank||620 of 850|
Variscan Mines Limited (ASX: VAR) is a 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.
Incorporated in NSW on 16/03/1987 as Platinum Search NL. Name change to PlatSearch NL on 15/12/1994.
DPS and Yield calculations use the Pay Date.
|Mr Nicholas Farr-Jones||Non-Executive Director||Jul 2021||
Mr Nicholas Farr-Jones
Mr Farr-Jones has over 25 years of experience in the global mining sector as a specialist in natural resources investment and corporate governance. Additionally, he is an experienced public company director. Nick qualified as a lawyer before pursuing a career in investment banking. He was responsible for the metal derivative business of Societe Generale in Europe and Africa before leading its commodity finance business in Australia. He is currently a Director at Taurus Funds Management, headquartered in Sydney, which focuses on bespoke financing solutions for global mid-tier and junior mining companies. Mr Farr-Jones holds a number of charitable appointments and is a speaker on leadership. He was awarded the Order of Australia in 1992 for services to rugby union having captained the Australian rugby team to World Cup success in 1991.
|Mr Mark Edward Pitts||Company Secretary||Mar 2018||
Mr Mark Edward Pitts
Mr Pitts has more than 30 years' experience in statutory reporting and business administration. Mark has been directly involved with and consulted to a number of public companies holding senior financial management positions.
|Mr Stewart Dickson||Managing Director,Chief Executive Officer,Executive Director||May 2017||
Mr Stewart Dickson
Managing Director,Chief Executive Officer,Executive Director
Mr Dickson is an experienced corporate financier with a decade of investment banking experience. Most recently, he was Managing Director and Head of Metals & Mining at Cantor Fitzgerald Europe, based in London. He had responsibility for client coverage of public and private mining companies across precious metals and base metals, bulks, fertilizers and specialty metals. He has a broad range of international financial advisory, equity capital markets and corporate broking transaction experience including initial public offerings, financings and M&A. Prior to investment banking, Mr Dickson served in the British Army as a commissioned officer and saw operational service overseas. He was appointed as a Non-Executive Director of Trans-Siberian Gold plc on 19 September 2017, a gold producer listed on the AIM market of the London Stock Exchange.
|Mr Michael (Mike) James Moore||Non-Executive Director||Aug 2015||
Mr Michael (Mike) James Moore
Mr Moore has over 20 years operational and executive management experience across a diverse range of commodities in Australia, Indonesia, West Africa and Europe. He has previously held senior and executive management roles with a number of companies including Rock Australia Mining & Civil Pty Ltd, Carnegie Minerals PLC and with ASX listed Montezuma Mining Company Ltd where he was CEO. Mike is currently serving as Managing Director of Golden State Mining Limited as well as serving on the board of Cape Care.
|Dr Foo Fatt Kah||Non-Executive Director,Non-Executive Chairman||Oct 2009||
Dr Foo Fatt Kah
Non-Executive Director,Non-Executive Chairman
Dr Kah is the Managing Director and co-founder of Luminor Capital, a private equity fund management company based in Singapore. He has over 20 years' experience in the investment banking, fund management and advisory businesses spanning Europe and Asia. He was previously Head of Asian Equities for SG Securities Asia (the Asian Investment Banking business for Societe Generale) covering 10 Asian countries. Since 2004 Dr Foo has been active as an investor, overseeing investments in Resources, Energy and Healthcare. He has experience with listed companies in Singapore, being previously Executive Director of CyberVillage Holdings Ltd and Lead Independent Director of PEC Ltd.
VAR directors must report any change in shareholding to the ASX within 5 business days.
See Director Transactions for all ASX companies.
|20/12/21||Nicholas Farr-Jones||Issued||750,000||$0.044||$33,000||Issue of securities|
|20/12/21||Michael (Mike) Moore||Issued||750,000||$0.044||$33,000||Issue of securities|
|20/12/21||Stewart Dickson||Expiry||500,000||$0.044||$22,000||Options expired|
|20/12/21||Stewart Dickson||Issued||1,500,000||$0.044||$66,000||Issue of securities|
|20/12/21||Foo Kah||Issued||750,000||$0.044||$33,000||Issue of securities|
|01/09/21||Nicholas Farr-Jones||Buy||+1,135,544||$0.06||$68,132||On-market trade|
|01/06/21||Foo Kah||Expiry||1,210,386||$0.057||$68,992||Options expired|
|09/12/20||Stewart Dickson||Issued||2,500,000||$0.029||$72,500||Issue of securities|
|09/12/20||Stewart Dickson||Issued||3,000,000||$0.029||$87,000||Issue of securities|
|09/12/20||Stewart Dickson||Issued||2,570,643||$0.022||$57,451||Director remuneration|
|09/12/20||Foo Kah||Issued||130,258||$0.022||$2,917||Director remuneration|
|09/12/20||Foo Kah||Issued||2,250,000||$0.029||$65,250||Issue of securities|
|09/12/20||Michael (Mike) Moore||Issued||93,786||$0.022||$2,100||Director remuneration|
|09/12/20||Elizabeth Vearncombe||Issued||2,250,000||$0.029||$65,250||Issue of securities|
|11/12/19||Michael (Mike) Moore||Issued||10,000,000||$0.002||$20,000||Placement|
|11/12/19||Stewart Dickson||Issued||48,104,500||$0.002||$96,209||Issue of securities|
The current holdings of VAR directors.
|Director||Last Notice||Direct Shares||Indirect Shares||Options||Convertibles|
|Michael (Mike) Moore||20/12/2021||0||793,786||3,000,000||N/A|
A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.
Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.
|Name||Last Notice||Total Shares||Shares Held (%)|
|Slipstream Resources Investments Pty Ltd||12/10/2021||35,000,000||13.12|
|Citicorp Nominees Pty Ltd||12/10/2021||39,304,716||14.74|
|Delphi Unternehmensberatung Aktiengesellschaft||12/10/2021||16,968,750||6.36|
12 month transaction history compiled from ASX announcements.
No buy transactions reported by Substantial Shareholders in the past 12 months.
12 month transaction history compiled from ASX announcements.
|Date||Name||Sold||Previous %||New %|
|09-08-21||Delphi Unternehmensberatung Aktiengesellschaft||221,011,513||5.81||6.90|
|05-08-21||Effective Investments Pty Ltd||220,000,000||5.34||--|
|Year||Closing Price||Last Trade|
All data on this page is supplied by the ASX, Morningstar and Market Index. Read the disclaimer.