Australia's Variscan Mines rises on exclusive marketing agreement

Altoro Metals

13/08/2024 06:20

** Shares of Variscan Mines  VAR.AX  up 33.3% to A$0.008
    ** Shares of natural resources co on track for best day
since Nov. 15, 2023, if current gains hold
    ** Co says entered exclusive marketing agreement with Square
Trading Singapore Pte for future sale of zinc and lead
concentrates from the Novales-Udia and Guajaraz projects
    ** About 1.7 mln shares change hands by 0508 GMT, 3.8 times
the 30-day average volume
    ** Stock down 40% this year, as of last close

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))