Last checked at 14 Nov 2011 11:47
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: +353 (0)85 739 2674 |
Strand Hanson Limited | |
Matthew Chandler / Simon Raggett | Tel: +44 (0)207 409 3494 |
Alexander David Securities Limited | |
David Scott | Tel: +44 (0)207 448 9820 |
Lothbury Financial Services Limited | |
Gary Middleton / Michael Padley | Tel: +44 (0)207 868 2010 |
or visit http://www.beowulfmining.net |