Grant of Options to Directors
Beowulf (AIM: BEM; Aktietorget: BEO), the mineral exploration and development company principally focused on the Kallak iron ore project in northern Sweden and its Swedish exploration portfolio, announces that options were granted on 17 July 2015 over a total of 17,000,000 ordinary shares of 1 pence, representing approximately 4% in the issued share capital of the Company. The allocation to directors is as follows: +-------------+--------+-------------------------+----------------------------+|Director |Position|Number of Options Granted|Total number of Options Held|+-------------