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Beowulf Mining booked a third-quarter loss as it continued to prove up prospects in Sweden, Kosovo and Finland.
Pre-tax losses for the three months through September amounted £0.31m, compared to losses of £0.41m on-year.
Cash at the end of September was £0.91m, down from £2.07m a year earlier.
At 3:20pm: (LON:BEM) Beowulf Mining PLC share price was 0p at 5.75p