REG - Beowulf Mining PLC - Project Director appointed for Kallak

Beowulf MiningAnnouncement

05/02/2024 07:00

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RNS Number : 9400B  Beowulf Mining PLC  05 February 2024

 

 

05 February 2024

Beowulf Mining plc

("Beowulf" or the "Company")

Project Director appointed for the Kallak Iron Ore Project

 

Beowulf (AIM: BEM; Spotlight: BEO), and its wholly owned Swedish subsidiary
Jokkmokk Iron Mines AB ("Jokkmokk Iron"), are pleased to announce the
appointment of a Project Director for the Kallak Iron Ore Project ("Kallak").
The individual, whose name cannot yet be made public due to commercial
sensitivities, will commence in the role on 1(st) May 2024 and will be
responsible for advancing Kallak through the ongoing environmental and
technical studies. Further details on the individual and their experience will
be provided in due course.

 

Ed Bowie, Chief Executive Officer of Beowulf, commented:

 

"I am delighted that we have been able to attract such a high-calibre
individual to take over the lead role in advancing Kallak. The individual has
an excellent academic and professional track record, which perfectly matches
the needs of the Company. This is an important and exciting step forward for
the Project and 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.

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