Pressmeddelanden, rapporter och bolagsmeddelande för Beowulf Mining SDB

Beowulf Mining Plc and its Finnish subsidiary, Grafintec Oy, provided an update on their Graphite Anode Materials Plant (GAMP) and exploration activities in Finland. A public meeting was held in Keltakallio to discuss the GAMP project with local residents, marking a significant milestone in community engagement. The team assessed potential sites in Kotka for a demonstration plant and is preparing for the Environmental Impact Assessment. The Rääpysjärvi exploration license was renewed for three years, allowing continued exploration alongside the Aitolampi project. Aitolampi is a significant graphite resource, and Rääpysjärvi shows potential for high-grade graphite. The focus is on drilling at Rääpysjärvi to define resources and potentially reduce operating costs.

Beowulf Mining plc released its unaudited financial results for the six months ending June 30, 2025. During this period, the company raised SEK 28.1 million (approximately £2.2 million) through various share offerings to fund operations into early 2026. In Sweden, work continued on the Kallak Iron Ore Project, focusing on environmental assessments and plant design. In Finland, Beowulf's subsidiary Grafintec completed a Pre-Feasibility Study for a Graphite Anode Materials Plant, showing strong economic potential. In Kosovo, exploration activities continued, although permit applications are pending due to administrative delays. Financially, the company reported higher administrative expenses and a consolidated loss before tax of £1,087,801, up from £976,478 in the same period in 2024, largely due to increased professional fees and foreign currency losses. Cash holdings decreased to £773,201 from £881,349 at the end of 2024. Exploration assets increased by 6.7% to £17,098,417. The company emphasized its ongoing efforts to secure additional funding and highlighted significant progress in its various projects, particularly the development of the GAMP in Finland and the Kallak project in Sweden.

Beowulf Mining plc announced that its Board has approved the granting of options under the Company's Long-Term Incentive Plan (LTIP) to certain directors and senior management. The options are exercisable at 12 pence per share and vest over three years. A total of 2,272,000 options for ordinary shares of 5 pence each, representing about 3.8% of the existing issued share capital, have been awarded. The LTIP aims to retain and incentivize key employees and directors. Following this grant, the total number of options under the LTIP will represent 9.1% of the existing issued share capital. The announcement includes a cautionary statement regarding forward-looking information and the associated risks and uncertainties.

Beowulf Mining Plc announced that its Finnish subsidiary, Grafintec Oy, has secured a site reservation in the Keltakallio industrial area of Kotka, Finland, for a Graphite Anode Materials Plant. The agreement with the City of Kotka marks a significant step in the project's development, with an initial 12-month reservation period and potential extensions. The site benefits from strategic location and excellent infrastructure, including proximity to the Port of Hamina-Kotka and access to renewable energy. The Kotka-Hamina region aims to become a major battery cluster in Europe. Grafintec plans to develop environmentally sustainable processing technology for high-performance anode materials, with a focus on recycling and minimizing waste. The project is expected to create jobs and contribute to the region's economic growth. Grafintec completed a Pre-Feasibility Study in early 2025, projecting strong financial returns and significant investment.

Beowulf Mining plc, a European mineral exploration and development company, has released an interview with its CEO, Ed Bowie, discussing the company's progress in 2025 and future expectations. The interview is available on the company's website and BRR Media. The announcement includes contact details for further inquiries and notes that the document contains forward-looking statements, which are subject to risks and uncertainties that could cause actual results to differ from those projected.

Beowulf Mining Plc held its Annual General Meeting on 24 June 2025 in London. All 10 proposed resolutions were passed by a poll. Resolutions 1-9 were passed as ordinary resolutions, while resolution 10 was passed as a special resolution. The resolutions included receiving the statement of accounts for 2024, accepting the Directors' Remuneration Report, re-electing several directors, appointing an auditor, authorizing directors to determine auditor fees and allot shares, and disapplying pre-emption rights. Each resolution received a high percentage of votes in favor. As of the meeting date, there were 59,657,866 ordinary shares in issue, with shareholders entitled to one vote per share. Votes withheld were not counted in the final tally. Further details are available on the company's website.

Beowulf Mining plc has announced that SP Angel, its Nominated Adviser and Joint Broker, has published a Research Note on the company after visiting the Kallak Iron Ore Project in northern Sweden. The note, titled "Progressing dual-pronged decarbonisation strategy," is available to institutional and professional investors through the Research Tree portal, accessible via Beowulf's website. The announcement includes contact information for Beowulf Mining, SP Angel, Alternative Resource Capital, and BlytheRay. A cautionary statement highlights that forward-looking statements in the document are based on current expectations and assumptions, subject to various risks and uncertainties, and actual results may differ significantly. Beowulf is not obligated to update these statements immediately.