Beowulf Mining PLC Kallak North Exploitation Concession Update (6536A)
March 27 2017 - 9:50AM
UK Regulatory
TIDMBEM
RNS Number : 6536A
Beowulf Mining PLC
27 March 2017
27 March 2017
Beowulf Mining plc
("Beowulf" or the "Company")
Kallak North Exploitation Concession Update
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
Beowulf (AIM: BEM; AktieTorget: BEO), the mineral exploration
and development company, focused on the Kallak magnetite iron ore
project and the Åtvidaberg polymetallic exploration licence in
Sweden, and its graphite portfolio in Finland, has been notified
that the Mining Inspectorate of Sweden has received comments and
opinions from the Swedish National Heritage Board
(Riksantikvarieämbetet) and the Swedish Environmental Protection
Agency (Naturvårdsverket), with respect to the Company's
application for an Exploitation Concession for Kallak North, and
the interaction between Kallak and Laponia.
Beowulf's expert Swedish team will review, in detail, the
comments made, and the Company will be discussing with the Mining
Inspectorate what the next steps are in the decision-making
process.
Kurt Budge, CEO of Beowulf, is visiting Luleå and Jokkmokk in
Sweden this week to continue discussions, regarding Kallak North,
with key stakeholders and decision makers. The Company will further
update the market in due course.
Enquiries:
Beowulf Mining plc
Kurt Budge, Chief Executive Officer Tel: +44 (0) 20 3771 6993
Cantor Fitzgerald Europe
(Nominated Advisor & Broker)
Phil Davies / David Porter /Craig Francis Tel: +44 (0) 20 7894 7000
Blytheweigh
Tim Blythe / Megan Ray Tel: +44 (0) 20 7138 3204
This information is provided by RNS
The company news service from the London Stock Exchange
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