REG - Savannah Resources - Appointment of Joint Corporate Broker

Savannah ResourcesAnnouncement

24/03/2025 07:00

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RNS Number : 7271B  Savannah Resources PLC  24 March 2025

 

 

 

24 March 2025
 

Savannah Resources Plc

(AIM: SAV) ('Savannah', or the 'Company')

 

Appointment of Joint Corporate Broker

 

Savannah, the developer of the Barroso Lithium Project in Portugal, Europe's
largest spodumene lithium deposit, is pleased to announce the appointment of
Canaccord Genuity Limited as Joint Corporate Broker with immediate effect.

 

SP Angel Corporate Finance LLP continues in its roles as the Company's
Nominated Adviser and Joint Corporate Broker.

 

 

Regulatory Information

This Announcement contains inside information for the purposes of the UK
version of the market abuse regulation (EU No. 596/2014) as it forms part of
United Kingdom domestic law by virtue of the European Union (Withdrawal) Act
2018 ("UK MAR").

 

Savannah - Enabling Europe's energy transition.

 

**ENDS**

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Follow Savannah Resources on LinkedIn

 

 

For further information please visit www.savannahresources
(https://www.savannahresources.com/) .com or contact:

 

 Savannah Resources PLC                                            Tel: +44 20 7117 2489

 Emanuel Proença, CEO
 SP Angel Corporate Finance LLP (Nominated Advisor & Broker)       Tel: +44 20 3470 0470

 David Hignell/ Charlie Bouverat (Corporate Finance)

 Grant Barker/Abigail Wayne (Sales & Broking)

 Canaccord Genuity Limited (Joint Broker)                          Tel: +44 20 7523 8000

 James Asensio / Charlie Hammond (Corporate Broking)

 Ben Knott (Sales)
 Camarco (UK Financial PR)                                         Tel: +44 20 3757 4980

 Gordon Poole/ Emily Hall / Nuthara Bandara
 Portugal Media Relations

 Savannah Resources: Antonio Neves Costa, Communications Manager   Tel: +351 962 678 912
 LPM Herminio Santos/ Jorge Coelho/ Margarida Pinheiro             Tel: +351 218 508 110

 

About Savannah

Savannah Resources is a mineral resource development company and the sole
owner of the Barroso Lithium Project (the 'Project') in northern Portugal, the
largest battery grade spodumene lithium resource outlined to date in Europe.

 

Through the Project, Savannah will help Portugal to play an important role in
providing a long-term, locally sourced, lithium raw material supply for
Europe's lithium battery value chain. Once in operation the Project will
produce enough lithium (contained in c.190,000tpa of spodumene concentrate)
for approximately half a million vehicle battery packs per year, and hence
make a significant contribution towards the European Commission's Critical Raw
Material Act goal of a minimum 10% of European endogenous lithium production
from 2030.

 

Savannah is focused on the responsible development and operation of the
Barroso Lithium Project so that its impact on the environment is minimised and
the socio-economic benefits that it can bring to all its stakeholders are
maximised.

 

The Company is listed and regulated on the London Stock Exchange's Alternative
Investment Market (AIM) and trades under the ticker "SAV".

 

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