4 April 2016
Beowulf Mining plc
('Beowulf' or the 'Company')
Appointment of Non-Executive Director
Beowulf (AIM: BEM; Aktietorget: BEO), the mineral exploration and development company focused on the Kallak magnetite iron ore project in northern Sweden and its graphite projects in Finland, is pleased to announce that Mr Christopher Davies has been appointed to the Board as Non-Executive Director.
Chris, who is a Fellow of the Australasian Institute of Mining and Metallurgy, is an exploration/ economic geologist with more than 30 years' experience in the mining industry. He has substantial knowledge of graphite and base metals, a particular skill set which will be complimentary to Beowulf's existing team, and was Manager for the exploration and development of a graphite deposit in Tanzania. Chris has worked as a geologist in many different parts of the world including Africa, Australia, Yemen, Indonesia and Eastern Europe.
Chris' most recent role was as a Consultant to an Australian Group seeking copper-gold assets in Africa where he carried out technical due diligence and negotiated commercial terms for joint venture partnerships. Chris was Operations Director of African Eagle until March 2012 and Country Manager for SAMAX Resources in Tanzania, which was acquired by Ashanti Goldfields in 1998 for US$135m.
Chris graduated with an honours degree in Geology from the University College of Wales, Aberystwyth in 1979, and gained an MSc DIC in Mineral Exploration from The Royal School of Mines, Imperial College London, in 1984.
Bevan Metcalf, Chairman, commented:
'We are delighted to have Chris join the Board of Beowulf. He brings a wealth of experience which is relevant to Beowulf's ambitions, and his skill set complements the current management team.
Chris' knowledge of graphite and base metals will be of great support to the work plans for our Finnish graphite assets this year, help guide our future initiatives for graphite and our other exploration programmes.'
The following information is required to be disclosed pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies:
Full Name: Christopher Davies
Age: 58
Mr Davies has been, a director of the following companies during the past five years:
Twigg Resources Limited
Twigg Minerals Limited
Katanga Resources Ltd
Twigg Gold Ltd
Twigg Mining & Exploration Limitada
Kujima Mining & Exploration Ltd
African Eagle Resources plc
Celtic Dragon Resources Ltd
Cobra Copper Limited
Mr Davies holds no shares in the Company.
There are no further disclosures required in accordance with Schedule Two paragraph (g) of the AIM Rules for Companies.
Enquiries:
Beowulf Mining plc
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Kurt Budge, Chief Executive Officer
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Tel: +44 (0) 20 3771 6993
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Cantor Fitzgerald Europe
(Nominated Adviser & Joint Broker)
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Stewart Dickson / Phil Davies / Carrie Drummond
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Tel: +44 (0) 20 7894 7000
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Beaufort Securities Limited
(Joint Broker)
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Jon Belliss
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Tel: +44 (0) 20 7382 8300
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Blytheweigh
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Tim Blythe / Megan Ray
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Tel: +44 (0) 20 7138 3204
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