Beowulf Secures £500,000 Convertible Loan Amid Funding Strategy

Beowulf, a mining company, has secured a £500,000 convertible loan as part of its funding strategy. This move is aimed at supporting the company's growth and exploration efforts.

The loan was secured through a private investor, and the terms of the deal were not disclosed. Beowulf's management team has stated that the funding will be used to accelerate the company's growth and exploration plans.

Beowulf's shares have been trading on the London Stock Exchange's AIM market since 2019. The company has a portfolio of copper and gold projects in the UK and Ireland.

The funding news comes as Beowulf continues to explore its copper and gold projects in the UK and Ireland. The company has made significant progress in recent months, including the completion of a feasibility study on its flagship project.

Beowulf's management team has stated that the funding will be used to accelerate the company's growth and exploration plans. The company is focused on becoming a leading player in the UK and Irish mining sectors.

The loan is a significant development for Beowulf, and it is expected to provide the company with the necessary funding to support its growth plans. The company's shares have been trading on the London Stock Exchange's AIM market since 2019.

Sources

[1] Beowulf secures £500,000 convertible loan amid funding strategy