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RNS Number : 9275M Savannah Resources PLC 19 September 2023
19 September 2023
Savannah Resources Plc
(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah', or the 'Company')
Mr Manohar Pundalik Shenoy
It is with deep sadness that the Board of Savannah announces the passing of
Mr. Manohar Pundalik Shenoy, Non-Executive Director of the Company. The Board
extends its sincerest condolences and sympathies to Mr Shenoy's family and
friends.
Manohar joined Savannah's Board in 2016 as an alternate Director for one of
the nominees of Al Marjan, Savannah's largest shareholder. He became a
Non-Executive Director in his own right in April 2022 and was Chairman of the
Board's Audit and Risk Committee and served on the Remuneration Committee.
In paying tribute to Manohar, Savannah's Chairman, Matthew King, Said,
"Manohar was a committed member of the Savannah Board who commanded great
respect for his business acumen and human decency. We will miss his valued
contributions, particularly as Chairman of our Audit and Risk Committee. I
have great admiration for his dedication to Savannah which continued unabated
throughout his recent illness. My deepest sympathies for his wife, Saroj, and
son, Sailesh."
Savannah - Enabling Europe's energy transition.
**ENDS**
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For further information please visit www.savannahresources
(http://www.savannahresources) .com or contact:
Savannah Resources PLC Tel: +44 20 7117 2489
Emanuel Proença, CEO
SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker) Tel: +44 20 3470 0470
David Hignell/ Charlie Bouverat (Corporate Finance)
Grant Barker/Abigail Wayne (Sales & Broking)
RBC Capital Markets (Joint Broker) Tel: +44 20 7653 4000
Farid Dadashev/ Jamil Miah
Tel: +44 20 3757 4980
Camarco (Financial PR)
Gordon Poole/ Emily Hall / Fergus Young
LPM (Portugal Media Relations) Tel: +351 218 508 110
Herminio Santos/ Jorge Coelho
About Savannah
Savannah Resources is a mineral resource development company and sole owner of
the Barroso Lithium Project in northern Portugal.
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. Through the Barroso Lithium Project, Savannah can help Portugal to
play an important role in providing a long-term, locally sourced, lithium raw
material supply for Europe's rapidly developing lithium battery value chain.
Production is targeted to begin in 2026, producing enough lithium for
approximately half a million vehicle battery packs per year.
The Company is listed and regulated on AIM and the Company's ordinary shares
are also available on the Quotation Board of the Frankfurt Stock Exchange
(FWB) under the symbol FWB: SAV, and the Börse Stuttgart (SWB) under the
ticker "SAV".
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