LONDON, UK: Beowulf Mining announced the appointment of Ed Bowie as the Company’s new CEO. He will also be appointed to the Board.

Ed has extensive experience in the international mining industry, where he has worked with strategic evaluations of mining and mineral projects, raising capital and as an advisor and fund manager across a broad range of commodities and jurisdictions.

Ed Bowie holds an MA Honours Degree in Geology from Oxford University and an MSc from Imperial College in London. He has worked for nearly 30 years in the international mining industry, primarily focused on strategic evaluations of mining and mineral projects, business development, raising capital, M&A and fund management. For the last few years, he has worked in corporate development roles for mining and energy companies, with a focus on sustainability, growth strategies and financing solutions.

Ed Bowie will take over as CEO on 7 August 2023.

Speaking on the appointment, Ed Bowie said: “I was primarily drawn to Beowulf because of its high-quality mineral assets in tier one jurisdictions. The three assets bring significant optionality to Beowulf with each having the potential to add significant value, not only for Beowulf shareholders but also for the broader stakeholders.

“High-quality mineral deposits are scarce, and we are seeing increasing demand for projects that support the decarbonisation agenda driven by investment from end-users whether it be car makers or mobile phone or battery manufacturers. This trend will only become stronger and, in my opinion, Beowulf, with its high-quality assets, is very well positioned to benefit.

“When it comes to my role at Beowulf Mining, I have extensive experience of analysing mining projects in order to optimise their value and growth. So, I look forward to familiarising myself with the operations and the local conditions, and evaluating our projects with new, fresh eyes.”

Johan Röstin, Chairman of Beowulf, said: “I am delighted that Ed has agreed to join the Company. His expertise and experience are perfectly suited for the stage in which Beowulf currently finds itself.

“This experience will be critically important in the strategic review of our assets that is currently underway. We have identified several potential ways to optimise the development and ultimate value of our assets and need to ensure we study and incorporate the findings into our development plans. This strategic review will take approximately six months to complete, and we then look forward to updating the market on our revised development plans and timetable including the environmental permitting process and application which is no longer expected to be filed this year.”

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