Beowulf announces two-week delay to Vardar ownership process

Beowulf Mining announced a delay in its planned consolidation of 100% ownership of Vardar Minerals on Friday.

The AIM-traded firm said the process, initially slated for completion on 15 March, had been pushed back by approximately two weeks due to an “administrative issue”.

It said it would provide further updates on the transaction's completion as soon as possible.

At 1140 GMT, shares in Beowulf Mining were up 2.33% at 0.77p.

Reporting by Josh White for Sharecast.com.