Beowulf Mining plc announced that Mikael Schauman has been appointed to the Board as Non-Executive Director. Mikael Schauman, a Swedish national, has been involved in base metals for the past forty years. His experience stretches from industrial marketing of products of mining companies as well as worldwide responsibility for trading these products to Senior Management of a publicly listed mining company.

Mikael is versed in the field of mining, management of mining companies as well as commercialisation of the products, including industrial marketing, agency business and third-party trading, on a global basis. Mikael Schauman holds a BSc in Finance fromStockholm School of Economics.He started his career at Boliden and subsequently spent 18 years at various commodity trading companies. For the past 16 years he served in the senior management of Lundin Mining Corporation as VP and SVP Commercial.

In this role he had sole responsibility for the company's commercial organisation and world-wide sales.Mikael has at the same time actively contributed to increasing growth within Lundin Mining, for example via the acquisitions and mergers made over the years. In the role of senior manager, he has also contributed to developing the Groups sustainability work.