CEO Interview

RNS Number : 9325P

Beowulf Mining PLC

15 February 2023

 

15 February 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, and finwire, following the publication of the Prospectus for the SDR Rights Issue and the opening of the subscription period for both the SDR Rights Issue in Sweden and the UK Retail Offer via PrimaryBid to raise approximately SEK 115 million (£9.1 million). The funds 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 the Kallak South exploration target.

The interview can be viewed via the link below:

https://www.youtube.com/watch?v=X4MlytZ0OPk

Enquiries:

Beowulf Mining plc
Kurt Budge, Chief Executive Officer	Tel: [phone]
SP Angel (Nominated Adviser & Broker)
Ewan Leggat / Stuart Gledhill / Adam Cowl	Tel: [phone]
BlytheRay
Tim Blythe / Megan Ray	Tel: [phone]

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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