Beowulf Mining PLC Share News (BEM)

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

----------

Premier African Minerals Ltd - developer of the RHA tungsten and Zulu lithium projects in Zimbabwe - Provides update on the ongoing progress at the Zulu Lithium and Tantalum Project. New flotation cells are fully installed, aligned, levelled and connected; product and tailings pumps have been installed on plinths; installation of launders is underway with structural steelwork for walkways progressing; and plant integration pipework has begun. Premier says commissioning and optimisation remain on track for the second quarter of 2026. Around 5,000 tonnes of ore are available on the run-of-mine stockpile for early commissioning. Managing Director Graham Hill says: "We are very encouraged by the continued progress being made on site at Zulu Lithium. The installation of the Xinhai Flotation Plant is advancing well and, importantly, in line with our planned timeline. The level of coordination between our on-site team and the manufacturer's engineer has been particularly pleasing and gives the board confidence as we move towards the commissioning phase."

----------

Medcaw Investments Ltd - London-based investment firm targeting precious metal mining project - Ontario Ministry of Energy and Mines grants an early exploration permit for Eagle Lake Gold Project in Ontario. The project comprises 95 contiguous mining claims covering around 1,986 hectares within Ontario's Wabigoon Greenstone Belt. "The grant of the permit represents a material de-risking milestone for the project and enables the company to advance its planned exploration programme following completion of the proposed reverse takeover of 90% of Wedgetail Mining Ltd, which holds 100% of the project," Medcaw says. The long-stop date for completion of the RTO is October 31.

----------

GreenX Metals Ltd - focused on Arctic Rift copper project in Greenland and the Tannenberg copper project in Germany - Receives the full amount of AUD1.6 million owned from Poland following legal proceedings. Back in January, the Singapore International Commercial Court issued a judgment rejecting Poland's application to set-aside an energy charter treaty awarded to GreenX. The company was awarded AUD1.6 million by the court, fully reimbursing GreenX for all legal costs claimed in defending the failed ECT set-aside motion. Poland has applied to the Court of Appeal of the Republic of Singapore to challenge the rejection of ECT set-aside motion. A decision is expected in the second half of 2026, after which Poland will be unable to appeal further. "The threshold to succeed on a set-aside motion in either the Singapore or English courts is very high, with the courts rejecting set-aside applications in the vast majority of cases," GreenX notes.

----------

Metir PLC - York, England-based company focused on water testing services - Says it is working with partner Avanceon to "resolve some technical and operational issues at certain locations in Doha". The issues relate to handling, storage and use of the Microtox technology, which tests water toxicity. "Due to the current major disruption in the region, it is uncertain when Metir will be able to send additional technical support to Doha to provide local training and rectify these remaining issues," company adds. It warns the balance of a deferred payment schedule of GBP161,000 and an additional contract performance payment of GBP50,000 will be delayed beyond the first quarter of the year. Metir is currently supporting Avanceon remotely.

----------

Forgent PLC - London-based provider of syngas technology and engineering services for converting waste into sustainable energy and biofuels, formerly Eqtec PLC - Updates on its previously announced cost optimisation programme. Measures have been fully implemented and extended, resulting in an annualised reduction of over 50% recurring operating cost base compared to 2024. The programme included the streamlining of operations across Spain, the UK and France, as well as Croatia and Ireland, "delivering reductions in rent and associated establishment costs, together with a rationalisation of the workforce," Forgent says. "The board believes this materially reduced cost base provides a strong foundation for the execution of Forgent's strategy, supporting targeted capital allocation towards near-term exploration activities and the delivery of key gasification projects. The company remains focused on maintaining strict cost control as it progresses towards its operational milestones," company adds. On Wednesday, Forgent announced plans mobilise its exploration team to begin its maiden field programme at the Green Rock Copper-Gold Project over the coming weeks. This follows the acquisition of a 99% interest in the project, located in the Ashburton Basin in the southern Pilbara region of Western Australia. CEO James Parsons says: "This work is intended to validate historical high-grade results, improve our geological understanding of the asset and support drill targeting ahead of a potential maiden drilling campaign in August 2026."

----------

Centaur Media PLC - London-based business consultancy group - Announces results of tender offer to purchase up to 133.3 million shares, about 88.1% of its share capital, at 48 pence each. 147.5 million shares have been validly tendered, with excess applications satisfied based on a percentage proportion of the total excess tenders received.

----------

Beowulf Mining PLC - exploration for iron ore, graphite, gold and base metals in Sweden, Finland and Kosovo - Receives notice from investor to convert GBP50,000 of the outstanding balance of unsecured convertible loan notes into ordinary shares. Accordingly, Beowulf will issue 925,925 new shares to the investor in accordance with the investment terms.

----------

By Aidan Lane, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.