REG - Beowulf Mining PLC - Management changes at Jokkmokk Iron Mines AB

Beowulf MiningAnnouncement

16/08/2023 07:00

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RNS Number : 4264J  Beowulf Mining PLC  16 August 2023

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation ("MAR")
(EU) No. 596/2014, as incorporated into UK law by the European Union
(Withdrawal) Act 2018. Upon the publication of this announcement, this inside
information is now considered to be in the public domain.

 

16 August 2023

Beowulf Mining plc

 

("Beowulf" or the "Company")

 

Beowulf announces management changes at Jokkmokk Iron Mines AB

 

Beowulf Mining (AIM: BEM; Spotlight: BEO), the mineral exploration and
development company, announces that Ulla Sandborgh is stepping down from her
position as CEO of Beowulf's subsidiary Jokkmokk Iron Mines AB.

 

Ed Bowie, CEO of Beowulf Mining commented: "I want to thank Ulla for her
contribution to the advancement of Jokkmokk Iron."

Beowulf is working to ensure a smooth transition. The Company has initiated
the recruitment process for an individual with the requisite project
development and mining skills and experience to advance Jokkmokk Iron and will
update the market in due course.

 

Enquiries:

 Beowulf Mining plc
 Ed Bowie, CEO                              ed.bowie@beowulfmining.com
 SP Angel

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

 BlytheRay
 Tim Blythe / Megan Ray                     Tel: +44 (0) 20 7138 3204

 

About Beowulf Mining plc

Beowulf Mining is a mining company with main activities in exploration and
development in Sweden, Finland and Kosovo. Beowulf's portfolio is diversified
by commodity, geography and stage of development of the projects and consists
primarily of iron ore, graphite, gold and base metals. Beowulf Mining is
headquartered in London, England.

 

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.

 

 

 

 

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