Exploration and development company Beowulf has raised £1.5-million to support its iron-ore, polymetallic and graphite activities in Sweden and Finland, the Aim-listed company reported on Wednesday.
The funds will be used for a scoping study on the Kallak magnetite iron-ore project and to support the 2017 Åtvidaberg polyemetallic exploration programme in Sweden. Its exploration and development activities in Finland will also benefit from the funds raised.
