Beowulf Mining PLC — Earnings Release 2022

Apr 24, 2023

National Storage Mechanism | Additional information

RNS Number : 1366X

Beowulf Mining PLC

24 April 2023

24 April 2023

Beowulf Mining plc

("Beowulf" or the "Company")

Mining Journal Select Interviews

Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, announces that a presentation delivered by its CEO, Kurt Budge, at the Mining Journal Select event in London and media interview are available to watch via the links below.

Kurt discusses the progress made over the last year since the award of the Exploitation Concession for Kallak North, the positive economics for Kallak North, the key areas the Company is focussing on to increase value and the greater potential of the Kallak Iron Ore Project.

Kurt details how both Jokkmokk Iron and Grafintec will benefit from the Green Transition, the growing demand for high-grade iron concentrates for decarbonising steelmakers and graphite-based anode materials for lithium-ion battery manufacturing.

Kurt also discusses the tremendous exploration success delivered by the Vardar Minerals team in 2022, the discovery of a large polymetallic epithermal system, new base and precious metals drill targets and the priority Red Lead target.

A video of the presentation can be viewed via the link below:

https://www.youtube.com/watch?v=WEh0CBL0lhU

A video of the interview can be viewed via the link below:

https://www.youtube.com/watch?v=ig5PVfYRIBQ

Enquiries:

Beowulf Mining plc
Kurt Budge, Chief Executive Officer	Tel: +44 (0) 20 7583 8304
SP Angel (Nominated Adviser & Broker)
Ewan Leggat / Stuart Gledhill / Adam Cowl	Tel: +44 (0) 20 3470 0470
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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