Share Price Movement

Beowulf (AIM: BEM; Aktietorget: BEO), the mineral exploration and development company focused on the Kallak iron ore project in northern Sweden and its Swedish exploration portfolio, notes the recent increase in the Company’s share price.

The Board is unaware of any reason that would lead to such a movement and confirms that there are no further material operational or corporate updates to report. The Company continues its dialogue with the Swedish Government on the Kallak North Project. Further updates will be made as appropriate.

The Company will release its regular Q3 Unaudited Interim Statement and Management Update on or around 30 November 2015.

Enquiries:

Beowulf Mining plc
Kurt Budge, Chief Executive Officer Tel: +44 (0) 20 3771 6993
Cantor Fitzgerald Europe (Nominated Advisor & Joint Broker)
Stewart Dickson / Jeremy Stephenson / Phil Davies / Carrie Drummond Tel: +44 (0) 20 7894 7000
Beaufort Securities Limited (Joint Broker)
Jon Belliss Tel: +44 (0) 20 7382 8300
Blytheweigh
Tim Blythe / Megan Ray Tel: +44 (0) 20 7138 3204

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Beowulf Mining plc är ett företag engagerat i prospektering och utveckling av malmförekomster av koppar, guld och järn i Sverige.

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