11 April
2024
Beowulf Mining plc
("Beowulf" or the
"Company")
Last day of trading in Paid
Subscribed SDRs
Beowulf (AIM: BEM; Spotlight: BEO) hereby
announces that the last day of trading in Paid Subscribed SDRs of
the SDR Rights Issue is 12 April 2024, in accordance with the
previously published timetable.
Following registration of New SDRs in the VPC
system, Paid Subscribed SDRs will be automatically converted into
New SDRs without any special notification from Euroclear Sweden.
The New SDRs are expected to be available on VPC accounts on or
around 17 April 2024.
Definitions
Capitalised terms used but not otherwise
defined in this announcement shall have the meaning given to them
in the Company's announcement dated 4 March 2024
(https://polaris.brighterir.com/public/beowulf_mining_plc/news/rns/story/x81m25w).
Enquiries:
Beowulf Mining
plc
Ed Bowie, Chief Executive
Officer
ed.bowie@beowulfmining.com
Evli
Plc
(Swedish financial adviser)
Mikkel Johannesen / Lars Olof Nilsson
Tel: +46 (0) 73 147 0013
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.