Business
Financial Results for the year ended 31 Dec 2025
Beowulf Mining PLC has released its audited financial results for the year ended December 31, 2025, reporting a loss for the year of £1,747,578, an improvement from the prior year's restated loss of £1,789,008. The company's intangible assets, primarily exploration costs, decreased to £15,373,303 from £16,023,022, while cash and cash equivalents stood at £329,647, down from £881,349. Significant events post-year-end include a binding agreement for a £3.7 million strategic investment, subject to various approvals, and interim financing through royalty agreements. The company's Vardar assets have been classified as held for sale, with a non-binding offer of €4 million received. Disclaimer*
About this update from Beowulf Mining Plc
[{"type":"text","content":"\n\n \n\n \n\n \n \n29 June 2026\n \n \nBeowulf Mining plc\n \n(\"Beowulf\" or the \"Company\")\n \n \nAudited Financial Results for the year ended 31 December 2025 and Notice of Annual General Meeting\n \n \nBeowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, announces its audited financial results for the year ended 31 December 2025 (the \"Period\").\n \nThe Annual Report and Accounts will be tabled to shareholders at the 2026 Annual General Meeting (\"AGM\") of the Company. The 2025 Annual Report and the Notice of AGM and Form of Proxy will shortly be posted to those shareholders who have requested a copy and will be available on the Company's website (https://beowulfmining.com/) and at the following links:\n \nhttps://beowulfmining.com/wp-content/uploads/2026/06/2026-Notice-of-Annual-General-Meeting.pdf\n \nhttps://beowulfmining.com/wp-content/uploads/2026/06/Beowulf-Mining-Plc-FY25-Annual-Report.pdf\n \nThe AGM of the Company will be held at 11:00 on Thursday 23 July 2026 at the offices of Fieldfisher LLP at Riverbank House, 2 Swan Lane, London, EC4R 3TT, United Kingdom. \n \nThe Company encourages shareholders to submit their voting instructions in advance by proxy whether or not they intend to attend. The \"Notes\" section of the Notice of AGM provides details on how to vote for Shareholders and holders of Swedish Depository Receipt. \n \nShareholders are invited to submit questions to the Board on matters to be discussed at the AGM in advance. Questions can be submitted by email to [email protected] by 11:00 a.m. (BST) on 21 July 2026.\n \n \n \nEnquiries:\n \nBeowulf Mining plc\nEd Bowie, Chief Executive Officer [email protected]\n \nSP Angel\n(Nominated Adviser & Broker) \nEwan Leggat / Stuart Gledhill / Adam Cowl Tel: +44 (0) 20 3470 0470\n \nBlytheRay \nMegan Ray / Rachael Brooks &nbs...
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