Response to Press Speculation

RNS Number : 0414S

Beowulf Mining PLC

14 November 2011

 



14 November 2011

Beowulf Mining Plc

("Beowulf" or the "Company")

Response to Press Speculation

Beowulf (AIM: BEM; Aktietorget: BEO), the mineral exploration company which owns several exploration projects in Sweden, notes weekend press speculation and confirms that the Company, as is normal for an exploration company, is always considering its options with regards to an equity fund-raising though strongly denies that any placing, if undertaken at the present time, would be concluded at such a large discount to the current share price.

Further details will be announced as appropriate.

Enquiries:

Beowulf Mining Plc
Clive Sinclair-Poulton, Chairman	Tel: [phone]
Strand Hanson Limited
Matthew Chandler / Simon Raggett	Tel: [phone]
Alexander David Securities Limited
David Scott	Tel: [phone]
Lothbury Financial Services Limited
Gary Middleton / Michael Padley	Tel: [phone]
or visit http://www.beowulfmining.net

 

END

 

 

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