25 May 2023

Beowulf Mining plc

("Beowulf" or the "Company")

Retraction Statement - Kallak  

Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, through its subsidiary Jokkmokk Iron Mines AB operates the Kallak Project, for which Jokkmokk Iron holds the exploitation licence. The Mineral Resources of the deposits have been classified according to the PERC Standards 2017, by Howard Baker (FAusIMM(CP)) an independent Competent Person. As was reported by the Company via RNS on 25 May 2021, the total Measured and Indicated resource, as prepared by