Wed, 16th Nov 2011 10:34 LONDON, Nov 16 (Reuters) - Beowulf Mining PLC:
* Placing announcement
* Fundraising
of approximately £ 6.7 million
* Completed placing of 44,638,890 new shares at an issue price of 15 pence per
share
* to use the net proceeds to finance additional drilling, analysis, economic/conceptual and environmental impact studies
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