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Beowulf Mining PLC - exploration for iron ore, graphite, gold and base metals in Sweden, Finland and Kosovo - Explains it is in ‘advanced discussions’ regarding funding solutions, with it currently reviewing a number of proposals and term sheets. Notes there can be no certainty that financing will be obtained, nor as to the terms of any potential financing. Anticipates retaining sufficient cash to last until the second half of May while it ‘finalises’ funding. Cautions that it will need to obtain additional financing prior to the end of May to progress its projects and for operations. Current stock price: 6.40 pence, up 16% on Friday afternoon in London 12-month change: down 49% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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