The Company completed the acquisition of 100 per cent of Vardar Minerals (Vardar) in April 2024.  Vardar is a UK registered exploration company focused on exploration in the Balkans and specifically the Tethyan Belt, a major orogenic metallogenic province for gold and base metals. Vardar is delivering exciting results at its Mitrovica licence which has several exploration targets, including lead, zinc, copper, and gold. It also holds the Viti licence which is showing potential for copper-gold porphyry mineralisation. With Beowulf’s support, Vardar is focused on making a discovery.