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13 March 2024
Beowulf Mining plc
("Beowulf" or the "Company")
Publication of Prospectus
Beowulf (AIM: BEM; Spotlight: BEO), is pleased to announce that further to the announcements of 16 February 2024, 4 March 2024 and 12 March 2024, that the Prospectus in respect of the Company's rights issue of Swedish Depository Receipts (the "Rights Issue") (the "Prospectus") has been approved by the Swedish Financial Supervisory Authority and has been published by the Company. The Prospectus, as it relates to the Rights Issue, is provided in Swedish only.
The Prospectus is available to view on the Beowulf website at:
https://beowulfmining.com/investors/capital-raising-2024/
The Prospectus will also be made available to view on the Evli Plc's and Aqurat Fondkommision's webpages at www.evli.com and www.aqurat.se as well as at Swedish Financial Supervisory Authority website www.fi.se.
Link to relating press releases:
https://polaris.brighterir.com/public/beowulf_mining_plc/news/rns/story/w63zplw (16 February 2024)
https://polaris.brighterir.com/public/beowulf_mining_plc/news/rns/story/x81m25w (4 March 2024)
https://polaris.brighterir.com/public/beowulf_mining_plc/news/rns/story/w3pp92x (12 March 2024)
Advisers
In relation to the Rights Issue, the Company has engaged Evli Plc as Swedish financial adviser, Bird & Bird Advokat KB as Swedish legal advisor and Aqurat Fondkommission AB as Swedish issuing agent.
Enquiries:
Beowulf Mining plc
Ed Bowie, Chief Executive Officer ed.bowie@beowulfmining.com
Evli Plc
(Swedish financial adviser)
Mikkel Johannesen / Lars Olof Nilsson Tel: +46 (0) 73 147 0013
SP Angel
(Nominated Adviser & Joint Broker)
Ewan Leggat / Stuart Gledhill / Adam Cowl Tel: +44 (0) 20 3470 0470
Alternative Resource Capital
(Joint Broker)
Alex Wood Tel: +44 (0) 20 7186 9004
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.