Member Info for EricDraven

Hi Roller. Not sure but it’s a blow for whoever is doing so. Such a pity.

Still waiting to hear from Aug, but he may have not finished ranting to himself yet.

Hi Aug. You’ve been very quiet. What are your thoughts about all of this, now we’ve had the fundraise at 0.61p?

It’s great that you sorted it this week then Sooz. Now you and hubby can enjoy your trip down bottom. Lol.

Brilliant Sooz, well done. Now you can rest and look forward to seeing what happens. Lol.

Glad if I helped. x

I thought it was short for an apple, 🍎 but I was wrong. Lol

SJ, or buy 1 share perhaps, but not sure if you already have to hold prior to the announcement period. I’m sure Sooz will sort it with ii, they are reasonable.

Sooz, remember though to use the ii website when logging in and not via the ii app, as my Corporate Action for the Offer does not show in the app, only via the full website. 👍

It could come anytime Sooz, a lot of leeway in that RNS statement.

I preferred what you said. Lol.

Hi Sooz. I really hope that you can access the Offer, because you qualify for it via your holding in BEM, just with another broker. Worth mentioning to ii maybe. Anyway, best of luck. x

Oops. 😬

Understandable Roller, but if you don’t open that wallet soon, the moths will have those dollars for lunch. 😂

They are on the ball Roller. I like that the ii email kind of suggests “Get ‘em while you can, they’re potentially like hot cakes!” “Or like cold cakes, if you happen to prefer those!” Lol.

Ok Sooz. Enjoy your lunch.

Just a note, but at 13:20 today I also received an email from ii about the Offer. I guess every BEM shareholder with ii will also have done so. 👍

I suppose as shareholders we must hope that there is a decent uptake with this fundraise, whether we each take part or not, because if there isn’t, surely the 0.61p could look expensive. That is also in the back of my mind. It’s a pity the UK subscription is not underwritten, I’m pondering why, but perhaps it would have been much more costly, and only a fifth of existing holders are AIM-based.

It’s another big risk to subscribe, so best of luck to those who are going for it.

Not sure whether I should have posted that, but it’s my account, so hope it helps.

It’s difficult for me not to subscribe now, after all this. Lol.

Sooz. This is what it says in my ii account:

Stock

BEOWULF MINING ORD GBP0.001

Event Type

Offer for Subscription

Description

Retail Offer

Offer Price: GBP0.0061 (0.61 pence) per share

Issue date: 18th April 2024

Beowulf Mining plc has announced its intention to raise additional capital by way of a short notice Retail Offer. The issue price is GBP0.0061 per new share. Your options are;

Option 1: Do Nothing (Default).

Option 2: Subscribe for New Shares. Please enter the number of new shares for which you wish to subscribe. The subscription price is GBP0.0061 per share. The minimum subscription is GBP250.00. Subscriptions may be subject to scaling back by the company.

The company reserves the right to close the offer at any time without prior notice. Should you wish to participate please submit your subscription instruction as soon as possible.

Subscriptions will be forwarded to the intermediary at regular intervals and may not be withdrawn.

If you choose to subscribe you should ensure your account has sufficient free cash at the point the election is made. If you do not have sufficient free cash your subscription may not be processed.

All information on this event is included within this announcement:

https://www.londonstockexchange.com/news-article/BEM/primarybid-offer/16377931

This notification is not an endorsement of the Retail Offer, nor is it a solicitation for interest in the Retail Offer. Investment in the company should not be regarded as short-term in nature. You should consider carefully all the risks attached to investing in the company before you subscribe. It is important that you read all information provided on the Corporate Action notification, as well as any publicly available information relating to the company including the Key Investor Information Document, before you subscribe.

This notification is not a personal recommendation, which means we have not assessed whether participating in the Retail Offer is suitable for you. If you are unsure about the suitability of a particular investment or think that you need a personal recommendation, you should speak to a suitably qualified financial advisor. The value of your investments can go down as well as up. You may not get back all the money you invest.

You will not pay a purchase commission or stamp duty on this subscription. We could be paid a fee from the offer manager to cover our costs. This fee will not exceed 0.6% of the value of shares allocated to customers and the fee will not affect the number of shares you receive. Further details are available upon request.

New shares are expected to be issued on 18th April 2024. Accounts will be updated upon receipt.

Latest Response Date

23:59 26/03/2024

Option

Allocation

Subscribe for New Shares

Hope you can see the message. 🙈

Sooz, just after 11 this morning I received a reply from a chap at ii to my query sent last night. I took a screen shot and it’ll format ok, so here is the response.

“Thank you for your Secure Message.

We are participating in the offer. The offer is now available for subscription via the corporate action section of your online account.

If you have any questions, you can continue to write to us by Secure Message. Our response time is usually within a few days, however, in times of high volume, we can take up to 5 days. If your enquiry is more urgent, please call us on 0345 607 6001.

We are open between 7:45am and 5:30pm, Monday to Friday, and 5:30pm to 9pm, Monday to Friday for international trading calls.

Best regards,

Phillip Gregory

interactive investor”

Sooz, I have checked my account, and the Offer is there, as of this morn. It seems we only have until 26 March with ii by which time to have given your decision. Please note that the Offer only appeared under my Corporate Actions when I logged in via the ii website, i.e. the full version of ii, rather than when I logged in using the ii app. The Corp Action didn’t show when I used the app.

Hope this helps. The phone number is there in the reply from Mr Gregory.

Cheers.

I had an issue with Ed saying he would be giving too much away, because he already is doing with this fundraise at 0.61p, well below even our nominal value threshold. It was enough to pi.55 me off hearing that anyway.

Maybe the smartest thing is to ditch all projects in the long-term, once the work planned has been completed at Kal and in Finland.

It does depend upon how much cash is raised as well, it not being underwritten here in the UK and with a loan to pay back.

Have to see, but he did make a few good points, once he could get them out. Make no mistake about it though, we are still very much on a sticky wicket a the moment.

In my view.

Andy, now that was painful to watch. Thanks for sharing though matey.

Andy. If you read that link very quickly it looks like …bowie-ceo-evil