Kallak North Exploitation Concession Update

RNS Number : 0630Y
Beowulf Mining PLC
30 November 2017
 

 

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations ("MAR") (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of Kurt Budge, Chief Executive Officer.

 

30 November 2017

Beowulf Mining plc

("Beowulf" or the "Company")

Kallak North Exploitation Concession Update

 

Beowulf (AIM: BEM; Aktietorget: BEO), the mineral exploration and development company, focused on the Kallak magnetite iron ore project and the Åtvidaberg polymetallic exploration licence in Sweden, and its graphite portfolio in Finland, has today been made aware of the response of the County Administrative Board for the County of Norrbotten ("CAB") to the Swedish Government with regard to the award of an Exploitation Concession for Kallak North.

 

The Company understands that the CAB has not recommended the award of an Exploitation Concession for Kallak North. Beowulf are reviewing the response in detail and will update the market as and when appropriate.

 

 

Enquiries:

 

Beowulf Mining plc


Kurt Budge, Chief Executive Officer

Tel: +44 (0) 20 3771 6993

Cantor Fitzgerald Europe

(Nominated Advisor & Broker)


David Porter

Tel: +44 (0) 20 7894 7000

Blytheweigh 


Tim Blythe / Megan Ray 

Tel: +44 (0) 20 7138 3204

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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