The exploration company Beowulf Mining announces that it is in advanced talks about financing and has received a number of proposals that are now being evaluated. Although the negotiations have progressed far, there is no guarantee that financing can be obtained or what terms would apply in the event of financing, the company says.Beowulf expects to have sufficient liquidity until the second half of May, but emphasizes that new capital must be secured before the end of the same month in order to continue driving the projects forward and cover working capital needs.