The Board of Variscan Mines Limited advised the appointment of Mr. Nicholas (`Nick') Farr-Jones as a Non- Executive Director, effective 1 July 2021. 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. The Company has accepted the resignation of Dr. Susan Vearncombe, effective 30 June 2021, in order to allow herself more time to focus on her other interests. Following the changes described above, the Variscan Board will be comprised as follows: Dr. Foo Fatt Kah (Non-executive Chairman); Mr. Stewart Dickson (CEO & Managing Director); Mr. Michael Moore (Non-executive Director); and Mr. Nicholas Farr-Jones AM (Non-executive Director).