Beowulf Mining PLC Regulatory News (BEM)

24 January 2023

Beowulf Mining plc

("Beowulf" or the "Company")

CEO Interview

Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, publishes an interview with Kurt Budge, CEO of Beowulf Mining. In the interview with BRR Media, Kurt discusses the positive economic results from the Scoping Study for Kallak North, which boosts the Company's plans to begin producing high-grade iron concentrate at the Kallak Iron Ore Project ("KIOP") in 2026. The KIOP is being developed by the Company's 100 per cent owned subsidiary Jokkmokk Iron (website https://www.jokkmokkiron.se/).

The interview can be viewed via the link below:

https://www.brrmedia.co.uk/broadcasts-embed/63cfc123777efd4a8b514eb1/event/?popup=true

Enquiries:

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.