Beowulf Mining PLC CEO Interview

TIDMBEM

Beowulf Mining PLC

26 January 2023

26 January 2023

Beowulf Mining plc

("Beowulf" or the "Company")

CEO Interview

Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, publishes an interview with Kurt Budge, CEO of Beowulf Mining. Kurt Budge sits down with finwire providing an update on, and outlook for the Company including its planned rights issue to raise approximately SEK 115 million (GBP9.1 million) which will be used to progress at pace the development of the Kallak North iron ore project, the environmental permitting and pre-feasibility study, as well as drilling at the Kallak South exploration target.

The interview can be viewed via the link below:

https://youtu.be/tG4Y3H7Y4e0

Enquiries:

 
 
   Beowulf Mining plc 
 Kurt Budge, Chief Executive     Tel: [phone] 
  Officer                         8304 
 SP Angel 
  (Nominated Adviser & Broker) 
 Ewan Leggat / Stuart Gledhill   Tel: [phone] 
  / Adam Cowl                     0470 
 BlytheRay 
 Tim Blythe / Megan Ray          Tel: [phone] 
                                  3204 
 

Cautionary Statement

Statements and assumptions made in this document with respect to the Company's current plans, estimates, strategies and beliefs, and other statements that are not historical facts, are forward-looking statements about the future performance of Beowulf. Forward-looking statements include, but are not limited to, those using words such as "may", "might", "seeks", "expects", "anticipates", "estimates", "believes", "projects", "plans", strategy", "forecast" and similar expressions. These statements reflect management's expectations and assumptions in light of currently available information. They are subject to a number of risks and uncertainties, including, but not limited to , (i) changes in the economic, regulatory and political environments in the countries where Beowulf operates; (ii) changes relating to the geological information available in respect of the various projects undertaken; (iii) Beowulf's continued ability to secure enough financing to carry on its operations as a going concern; (iv) the success of its potential joint ventures and alliances, if any; (v) metal prices, particularly as regards iron ore. In the light of the many risks and uncertainties surrounding any mineral project at an early stage of its development, the actual results could differ materially from those presented and forecast in this document. Beowulf assumes no unconditional obligation to immediately update any such statements and/or forecast .

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAUVOAROOUAUUR

(END) Dow Jones Newswires

January 26, 2023 02:00 ET (07:00 GMT)