7 March
2024
Beowulf Mining plc
("Beowulf" or the
"Company")
Project Director appointed
for the Kallak Iron Ore Project
Beowulf (AIM: BEM; Spotlight: BEO), and its
wholly owned Swedish subsidiary Jokkmokk Iron Mines AB ("Jokkmokk
Iron"), are pleased to announce that the newly appointed Project
Director for the Kallak Iron Ore Project ("Kallak" or the
"Project") will be Dmytro Siergieiev, who will commence in the role
on 1 May 2024.
Originally from Ukraine, Dmytro has been
residing in Northern Sweden since 2007 and is fluent in Swedish. He
holds an MSc in Hydrogeology from Kyiv National University, an MSc
in Geochemistry, and a PhD in Applied Geology from the Luleå
University of Technology. Since 2015, Dmytro has been working at
Sweco, the leading architecture and engineering consultancy,
focusing solely on mine environment projects in Scandinavia and
internationally. During this time, he has served as assignment
leader, business development manager, and most recently team leader
for Sweco's mine environment unit. Within this role, Dmytro has
overseen a broad range of assignments focused on mine development,
operation and permitting.
Dmytro is an accomplished project manager with
a strong technical background and excellent interpersonal skills.
His immediate tasks will be to oversee and propel the ongoing
Pre-Feasibility Study and environmental work in preparation for the
environmental permitting process.
Ed
Bowie, Chief Executive Officer of Beowulf,
commented:
"Dmytro has an excellent academic and professional
track-record and is an ideal candidate to advance Kallak. He brings
dynamism and ambition, and I am confident he will be a great asset
for both the Project and Company.
"As Project Director, Dmytro is a key hire for Beowulf and we
look forward to working with him and building a team of
professionals around him."
Enquiries:
Beowulf Mining plc
Ed Bowie, Chief Executive
Officer
ed.bowie@beowulfmining.com
SP
Angel
(Nominated Adviser & Joint
Broker)
Ewan Leggat / Stuart Gledhill / Adam
Cowl Tel: +44 (0)
20 3470 0470
Alternative Resource Capital
(Joint Broker)
Alex
Wood
Tel: +44 (0) 20 7186 9004
BlytheRay
Tim Blythe / Megan Ray
Tel: +44 (0) 20 7138 3204
Cautionary
Statement
Statements and assumptions made in this
document with respect to the Company's current plans, estimates,
strategies and beliefs, and other statements that are not
historical facts, are forward-looking statements about the future
performance of Beowulf. Forward-looking statements include, but are
not limited to, those using words such as "may", "might", "seeks",
"expects", "anticipates", "estimates", "believes", "projects",
"plans", strategy", "forecast" and similar expressions. These
statements reflect management's expectations and assumptions in
light of currently available information. They are subject to a
number of risks and uncertainties, including, but not limited to ,
(i) changes in the economic, regulatory and political environments
in the countries where Beowulf operates; (ii) changes relating to
the geological information available in respect of the various
projects undertaken; (iii) Beowulf's continued ability to secure
enough financing to carry on its operations as a going concern;
(iv) the success of its potential joint ventures and alliances, if
any; (v) metal prices, particularly as regards iron ore. In the
light of the many risks and uncertainties surrounding any mineral
project at an early stage of its development, the actual results
could differ materially from those presented and forecast in this
document. Beowulf assumes no unconditional obligation to
immediately update any such statements and/or forecast.