3 May 2023

Beowulf Mining plc

("Beowulf" or the "Company")

Fastmarkets International Iron Ore 2023 Attendance

Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, CEO, Kurt Budge, and Chairman, Johan Röstin, will be attending the 27th Fastmarkets International Iron Ore 2023 in Stockholm on 3-5 May.

Kurt will be participating in the Nordic Production Panel, which will be held on Friday 5 May at 9:30am CEST. The panel will focus on how the Nordic region is leading the way for decarbonising the production of iron ore, the role Nordic companies in the European Union have in the drive towards Net Zero and the electrification initiatives available in the region.

Kurt Budge, CEO Beowulf Mining commented:

"Fastmarkets International Iron Ore 2023 attracts many participants from the steelmaking supply chain and it's a great opportunity for the Company to market the Kallak Iron Ore Project.

"With plenty of meetings organised and topical presentations, we are looking forward to some highly productive days in Stockholm."

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Cautionary Statement

Statements and assumptions made in this document with respect to the Company's current plans, estimates, strategies and beliefs, and other statements that are not historical facts, are forward-looking statements about the future performance of Beowulf. Forward-looking statements include, but are not limited to, those using words such as "may", "might", "seeks", "expects", "anticipates", "estimates", "believes", "projects", "plans", strategy", "forecast" and similar expressions. These statements reflect management's expectations and assumptions in light of currently available information. They are subject to a number of risks and uncertainties, including, but not limited to , (i) changes in the economic, regulatory and political environments in the countries where Beowulf operates; (ii) changes relating to the geological information available in respect of the various projects undertaken; (iii) Beowulf's continued ability to secure enough financing to carry on its operations as a going concern; (iv) the success of its potential joint ventures and alliances, if any; (v) metal prices, particularly as regards iron ore. In the light of the many risks and uncertainties surrounding any mineral project at an early stage of its development, the actual results could differ materially from those presented and forecast in this document. Beowulf assumes no unconditional obligation to immediately update any such statements and/or forecast.