Pressmeddelanden, rapporter och bolagsmeddelande för Beowulf Mining SDB

Beowulf Mining plc has announced the availability of an updated Corporate Presentation on their website. The company, listed on AIM and Spotlight, provides contact details for its CEO, Ed Bowie, and various brokers for inquiries. The announcement includes a cautionary statement noting that forward-looking statements in the document are based on current expectations and assumptions, and are subject to risks and uncertainties such as economic, regulatory, and political changes, geological information, financing, joint ventures, and metal prices. Actual results may differ significantly from those projected, and Beowulf is not obligated to update these statements immediately.

Beowulf Mining plc has announced that its joint broker, Alternative Resource Capital, has published a Research Note on the company after visiting the Kallak Iron Ore Project in northern Sweden. The note, titled "Beowulf Mining – Projects for a greener future, undervalued today," is available to institutional and professional investors through the Research Tree portal, accessible via Beowulf's website. The announcement includes contact information for key representatives from Beowulf Mining, SP Angel, Alternative Resource Capital, and BlytheRay. The document contains forward-looking statements about Beowulf's future performance, which are based on current plans and assumptions but are subject to various risks and uncertainties, such as economic, regulatory, and political changes, geological information, financing, joint ventures, alliances, and metal prices. Actual results may differ significantly from those forecasted, and Beowulf is not obligated to update these statements immediately.

Beowulf Mining plc announced that its total issued share capital consists of 59,657,866 ordinary shares, each valued at 5 pence, with none held in treasury. This figure is relevant for shareholders to determine their notification requirements under the Financial Conduct Authority's Disclosure and Transparency Rules. Following a recent Capital Raise, several persons discharging managerial responsibilities (PDMRs) acquired new shares. Ed Bowie, the CEO, now holds 943,708 shares (1.58% of issued share capital), Johan Rostin holds 456,547 shares (0.77%), Mikael Schauman holds 241,071 shares (0.40%), Chris Davies holds 163,032 shares (0.27%), and Rasmus Blomqvist holds 681,234 shares (1.14%). The transactions occurred on 22 May 2025 at the London Stock Exchange and Spotlight, with each share purchased at 11 pence.

Beowulf Mining plc reported its unaudited financial results for the three months ending 31 March 2025. During this period, the company focused on raising capital to fund projects in Sweden and Finland, specifically the Kallak Iron Ore Project and the Graphite Anode Materials Plant (GAMP). In Sweden, technical and environmental preparations continued for the Kallak project, while in Finland, the Pre-Feasibility Study for GAMP showed promising economic potential. In Kosovo, exploration activities persisted at minimal cost. Post-period, a capital raise concluded on 8 May 2025, generating SEK 28.1 million to support operations through Q1 2026. Financial results showed increased administrative expenses and a higher loss before tax compared to the previous year, primarily due to share-based payment expenses. Cash held decreased, while exploration assets increased. The company emphasized its strategic role in Europe's lithium-ion battery sector and its commitment to sustainable practices. Beowulf remains focused on securing future funding to continue its operations.

Beowulf Mining plc announced its audited financial results for the year ending December 31, 2024. The company will present its Annual Report and Accounts at the 2025 Annual General Meeting (AGM) on June 24 in London, encouraging shareholders to vote by proxy and submit questions in advance. The company reported a loss of £1.79 million for 2024, an improvement from the £2.94 million loss in 2023. Beowulf's chairman highlighted progress in its Kallak project in Sweden and the GAMP project in Finland. The company raised £2.2 million in new equity to advance its projects, although it still requires further funding within the next 12 months to continue operations. The financial statements are prepared on a going concern basis despite uncertainties in funding. The company has seen significant developments in its exploration and development projects, with continued efforts to secure strategic partnerships and engage with local communities.

Beowulf Mining plc announced that the last day for trading in Paid Subscribed SDRs related to their SDR Rights Issue is 21 May 2025. After this date, these SDRs will automatically convert into New SDRs, expected to be available in VPC accounts around 26 May 2025. Additionally, Beowulf has applied for the admission of new ordinary shares to be traded on AIM around 22 May 2025. Following this admission, the company's total ordinary shares will be 59,657,866. This number will help shareholders determine their reporting obligations under FCA rules. The announcement also includes a cautionary statement about forward-looking information, highlighting potential risks and uncertainties that could affect the company's future performance.

Beowulf Mining Plc and its Finnish subsidiary, Grafintec Oy, announced the completion of a Pre-Feasibility Study (PFS) for their Graphite Anode Materials Plant (GAMP), highlighting its potential as a cost-effective, high-margin producer for the European lithium-ion battery sector. The study revealed promising economics, with plans to initially produce 25,000 tonnes of Coated Spherical Purified Graphite (CSPG) annually, scaling to 75,000 tonnes in Phase 2. The project benefits from Finland's renewable energy, skilled workforce, and proximity to European markets. The PFS indicated a post-tax NPV8 of €924 million for Phase 1 and €2.2 billion for Phase 2, with significant free cash flow and EBITDA projections. Grafintec's process is environmentally sustainable, using readily available reagents and recycling significant proportions, reducing costs and environmental impact. Grafintec plans to secure a long-term site in Finland and apply for strategic project status to access public support. The company is also exploring partnerships and further process optimizations to enhance production and sustainability. Grafintec holds significant graphite resources in Europe, which could bolster supply security and long-term value. The company is committed to environmental responsibility and innovation, aiming to expand its reach into high-value markets, including potential applications in the defense industry.

Beowulf Mining Plc, through its subsidiary Jokkmokk Iron Mines AB, has provided an update on the Kallak Iron Ore Project in Sweden. Over the past 18 months, efforts have focused on reducing risks in areas such as stakeholder engagement and environmental work to prepare for a permit application. The project is located in a region important for Sámi communities and hydropower production. It holds one of Europe's largest untapped iron ore deposits, which could contribute to green steel production. A new team, led by CEO Ed Bowie and project director Dmytro Siergieiev, has been assembled to advance the project. Community relations are a priority, with ongoing dialogue with local stakeholders to address concerns and minimize impacts. Technical progress includes successful metallurgical testing and infrastructure design for ore processing. The preferred transport solution involves a pipeline for moving magnetite concentrate, minimizing environmental impact. Environmental permitting is underway, with assessments covering various impacts. The project is strategically located near established iron ore and steel operations, with plans to transport concentrate to the port of Narvik. The focus is on submitting the environmental permit application and completing a Pre-Feasibility Study (PFS). Further studies are needed to confirm the viability of the pipeline option. The project aims to produce a high-grade concentrate to support steel industry decarbonization while preserving local communities and nature.

Beowulf Mining plc announced the results of its Capital Raise, which included a conditional placing, a rights issue of Swedish Depository Receipts (SDRs), and a retail offer in the UK. The Capital Raise, completed on 5 May 2025, generated gross proceeds of approximately SEK 28.1 million (around £2.2 million) and net proceeds of about SEK 23.5 million (£1.8 million). The funds will be used to further develop the Kallak Iron Ore Project and the Graphite Anode Materials Plant, repay a bridge loan, and for general corporate purposes. The Capital Raise provides funding until early 2026, and the company is exploring additional funding opportunities. The rights issue raised approximately SEK 14.9 million (£1.2 million), with 93% subscribed through subscription rights. The UK issue, including the WRAP Retail Offer, raised £1.0 million (SEK 12.7 million). Beowulf's board and senior management participated in the Capital Raise, subscribing for SEK 2.15 million (£169,000). The new Ordinary Shares and SDRs will be admitted to trading on AIM and in Sweden, respectively, with specific dates provided for the commencement of dealings. The announcement contains forward-looking statements subject to risks and uncertainties, and Beowulf does not commit to updating these statements immediately.

Beowulf Mining Plc, a European mineral exploration and development company, announced that its CEO, Ed Bowie, will host a live presentation and Q&A session on April 28, 2025, at 10:00 BST. This event will be available on the Investor Meet Company platform and is open to both current and potential shareholders. Questions for the session can be submitted in advance or during the live event. Interested investors can register for free on the platform to attend. Existing followers of Beowulf Mining on the platform will receive automatic invitations. The document also includes contact information for Beowulf Mining and its advisers, along with a cautionary statement about forward-looking statements related to the company's future performance, which are subject to various risks and uncertainties.