REG - Beowulf Mining PLC - Project Director appointed for Kallak

Beowulf MiningAnnouncement

07/03/2024 07:00

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RNS Number : 9047F  Beowulf Mining PLC  07 March 2024

 

 

7 March 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 that the
newly appointed Project Director for the Kallak Iron Ore Project ("Kallak" or
the "Project") will be Dmytro Siergieiev, who will commence in the role on 1
May 2024.

 

Originally from Ukraine, Dmytro has been residing in Northern Sweden since
2007 and is fluent in Swedish. He holds an MSc in Hydrogeology from Kyiv
National University, an MSc in Geochemistry, and a PhD in Applied Geology from
the Luleå University of Technology. Since 2015, Dmytro has been working at
Sweco, the leading architecture and engineering consultancy, focusing solely
on mine environment projects in Scandinavia and internationally. During this
time, he has served as assignment leader, business development manager, and
most recently team leader for Sweco's mine environment unit. Within this role,
Dmytro has overseen a broad range of assignments focused on mine development,
operation and permitting.

 

Dmytro is an accomplished project manager with a strong technical background
and excellent interpersonal skills. His immediate tasks will be to oversee and
propel the ongoing Pre-Feasibility Study and environmental work in preparation
for the environmental permitting process.

 

Ed Bowie, Chief Executive Officer of Beowulf, commented:

 

"Dmytro has an excellent academic and professional track-record and is an
ideal candidate to advance Kallak. He brings dynamism and ambition, and I am
confident he will be a great asset for both the Project and Company.

 

"As Project Director, Dmytro is a key hire for Beowulf and we look forward to
working with him and building a team of professionals around him."

 

 

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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