• Beowulf Mining entered a binding £3.7 million strategic investment with Bacchus Capital & affiliates as part of a proposed £4.3 million financing.
• Investment priced at GBP 0.03 per share, implying issuance of 124,058,741 new ordinary shares to Bacchus Capital & affiliates.
• Post-transaction stake for Bacchus Capital & affiliates expected at 58.6%, subject to shareholder and regulatory approvals, including a Takeover Code Rule 9 waiver.
• Existing investors indicated GBP 355,000 follow-on participation; board and management indicated GBP 225,000 on the same terms.
• Company targets completing the financing before end-July; proceeds intended to fund core assets through end-2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beowulf Mining plc published the original content used to generate this news brief via Cision (Ref. ID: 202606121302BITN____UKPR__SV_20260612-BIT-7526-0) on June 12, 2026, and is solely responsible for the information contained therein.