03:18 AM EDT, 08/12/2026 (MT Newswires) -- Beowulf Mining (BEM.L) said Wednesday that the Swedish regulatory approval for Bacchus Capital and affiliates' participation in the company's planned 4.3 million-pound-sterling financing is expected by Sept. 11. The overall financing transaction would close within two to three days after receiving the foreign direct investment approval in Sweden. The mineral explorer and developer signed a deal in June with Bacchus Capital and affiliated entities for a 3.7 million-pound strategic investment, which would give Bacchus Capital and affiliates a 58.6% stake in the company.

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