RCS - Beowulf Mining PLC - CEO Interview

Beowulf MiningAnnouncement

26/01/2023 07:00

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RNS Number : 8973N  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 (£9.1 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
(https://eur04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fyoutu.be%2FtG4Y3H7Y4e0&data=05%7C01%7C%7Ca085570aa7904d7cb3d008daff05c7aa%7C529563b6a47f4892b1931617937a42e4%7C0%7C0%7C638102697544880575%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=St1%2FTj5IPgGi28Cqk8vCjIcV5pKriyriXws9Qz2hgCU%3D&reserved=0)

Enquiries:

 Beowulf Mining plc
 Kurt Budge, Chief Executive Officer        Tel: +44 (0) 20 7583 8304
 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

 

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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