Variscan Mines Limited (AU:VAR) has released an update.
Variscan Mines Limited has seen a significant change in its substantial shareholding, with DELPHI Unternehmensberatung Aktiengesellschaft increasing its voting power from 6.92% to 9.65%. This change was achieved through an entitlement offer at $0.0070 per share, reflecting a strategic move by DELPHI to strengthen its position in the company. Investors might find this development noteworthy as it could indicate future shifts in Variscan’s market dynamics.
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