Beowulf Mining - £1.5 million fundraising and business update
BEM
Wed, 17 May 2017, 03:30pm BST
Beowulf Mining plc is a Nordic focused, multi-commodity, exploration and development company with assets in Sweden and Finland.
Industry: Basic Resources
Contact: 0207 409 3494
3-7 Temple Avenue, London, United Kingdom
http://www.beowulfmining.com/
Kurt Budge, CEO, provides a business update as well as an update on the Kallak North Exploitation Concession Update. Kurt also announces the subscription for new ordinary shares to raise £1.5 million before expenses. The funds will be used for general working capital purposes and to support activities across their three main business areas, which are Kallak, graphite exploration, and the Atvidaberg exploration licence.
