19 May 2011
Beowulf Mining Plc
("Beowulf" or the "Company")
Directorate Change
Fred Boman appointed as Production Director
Highlights:
· Mr Fred Boman has been appointed as Production Director of the Company with immediate effect.
· Mr Boman holds an MSc. degree in Mining and Mineral Processing from the Royal Institute of Technology (KTH), Stockholm and has more than 35 years' experience in the mining industry.
Beowulf (AIM: BEM; Aktietorget: BEO), the AIM and Aktietorget traded mineral exploration company which owns several exploration projects in Sweden, is pleased to announce the appointment of Fred Boman, currently Production Consultant to the Company, as Production Director with immediate effect. Mr Boman holds an MSc. degree in Mining and Mineral Processing from the Royal Institute of Technology (KTH), Stockholm, Sweden. He has more than 35 years' experience in the mining industry with over 25 years' service in various senior management positions both in Sweden and overseas. His previous positions include Vice President and Head of Engineering and R&D at Boliden AB, President and CEO of Boliden International Mining AB, CEO and President of Midroc Gold Limited and Managing Director of Dragon Mining Sweden AB. He currently serves on the board of a number of private companies and is a member of the Association for Mining and Metallurgical Engineers of Sweden. He is also a qualified person accredited by the Swedish Mining Association.
Clive Sinclair-Poulton, Executive Chairman of Beowulf, commented:
"We are delighted to welcome Fred to the Board as Production Director. With his technical skills and vast experience of mining developments, he brings invaluable knowledge and expertise to assist with the development of our flagship iron ore projects towards potential future production."
Enquiries:
Beowulf Mining Plc |
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Clive Sinclair-Poulton, Chairman |
Tel: +353 (0)85 739 2674 |
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Strand Hanson Limited |
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Matthew Chandler / Simon Raggett |
Tel: +44 (0) 207 409 3494 |
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Alexander David Securities Limited |
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David Scott |
Tel: +44 (0) 207 448 9820 |
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Lothbury Financial Services Limited |
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Gary Middleton / Michael Padley |
Tel: +44 (0) 207 686 2010 |
or visit http://www.beowulfmining.net |
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Additional information on the new director appointment:
Mr Fred Hjalmar Boman, aged 67, is a director or partner or has been a director or partner of the following entities during the previous five years:
Current directorships or partnerships |
Past directorships or partnerships held within the last five years |
fhb ab Metal Mines AB |
Scandinavian Metals Inc |
There is no other information that is required to be disclosed under paragraph (g) of Schedule Two to the AIM Rules for Companies of the London Stock Exchange.