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5 February 2020

Beowulf Mining plc

(“Beowulf” or the “Company”)

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Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, announces that as at 31 January 2020, there were 392,995,504 Swedish Depository Receipts representing 65.26 per cent of the issued share capital of the Company. The remaining issued share capital of the Company is held in the UK.

Enquiries:

Beowulf Mining plc  
Kurt Budge, Chief Executive Officer Tel: +44 (0) 20 3771 6993
SP Angel (Nominated Adviser & Broker)  
Ewan Leggat / Soltan Tagiev Tel: +44 (0) 20 3470 0470
Blytheweigh   
Tim Blythe / Megan Ray  Tel: +44 (0) 20 7138 3204

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