July 29 (Reuters) - Variscan Mines Ltd VAR.AX :
* TO ACQUIRE TWO ZINC PROJECTS IN SPAIN FROM A CONSORTIUM OF VENDORS LED BY SLIPSTREAM RESOURCES INVESTMENTS
* INITIAL CONSIDERATION FOR TRANSACTION IS A$2.2 MILLION PAYABLE THROUGH ISSUE OF SHARES
July 29 (Reuters) - Variscan Mines Ltd VAR.AX :
* TO ACQUIRE TWO ZINC PROJECTS IN SPAIN FROM A CONSORTIUM OF VENDORS LED BY SLIPSTREAM RESOURCES INVESTMENTS
* INITIAL CONSIDERATION FOR TRANSACTION IS A$2.2 MILLION PAYABLE THROUGH ISSUE OF SHARES