Variscan Mines Ltd Reinstated to ASX Quotation
Key points
- Suspension of trading in Variscan Mines (ASX: VAR) securities lifted
- VAR applied to Supreme Court for curative orders regarding cleansing notice omission
- VAR to release announcement on outcome of court application
Full summary
Variscan Mines Limited (ASX: VAR) has been reinstated to quotation on the Australian Securities Exchange (ASX) following the release of an announcement regarding the outcome of the company's application to the Supreme Court of Western Australia. VAR had been suspended from trading due to an omission to lodge a cleansing notice under section 708A(5)(e) of the Corporations Act 2001 in relation to the issue of shares on 13 August 2025. The company sought curative orders from the Supreme Court, and the suspension of trading in VAR's securities has now been lifted immediately following the release of the announcement. VAR will provide further details on the outcome of its court application in a subsequent announcement.
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