REG - Beowulf Mining PLC - Change of Auditor

Beowulf MiningAnnouncement

02/12/2024 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241202:nRSB2768Oa&default-theme=true

RNS Number : 2768O  Beowulf Mining PLC  02 December 2024

 

2 December 2024

 

Beowulf Mining Plc

("Beowulf")

 

Change of Auditor

 

Beowulf (AIM: BEM; Spotlight: BEO), the European mineral exploration and
development company, announces that following the conclusion of a formal
tender process led by the Company's Audit Committee, the Board has approved
the appointment of PKF Littlejohn LLP ("PKF") as the Company's auditor,
succeeding BDO LLP ("BDO"). PKF will conduct the audit of the Company's
financial statements for the financial year ending 31 December 2024 and a
proposal to reappoint them as auditor of the Company will be subject to the
approval of shareholders at the 2025 Annual General Meeting.

BDO has resigned and confirmed that its reasons for ceasing to hold office are
exempt reasons under Section 519A part 3 of the UK Companies Act 2006 and that
it has no matters that should be brought to the attention of the members or
creditors of the Company.

 

 

Enquiries:

Beowulf Mining plc

Ed Bowie, Chief Executive Officer
 ed.bowie@beowulfmining.com

 

SP Angel

(Nominated Adviser & Joint Broker)

Ewan Leggat / Stuart Gledhill / Adam Cowl                 Tel: +44
(0) 20 3470 0470

 

Alternative Resource Capital

(Joint Broker)

Alex Wood
                     Tel: +44 (0) 20 7186 9004

 

BlytheRay

Tim Blythe / Megan Ray
        Tel: +44 (0) 20 7138 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 RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  APPBFLFBZLLFFBL