REG - Savannah Resources - Result of AGM

Savannah ResourcesAnnouncement

10/06/2025 12:15

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RNS Number : 2295M  Savannah Resources PLC  10 June 2025

10 June 2025

 

Savannah Resources Plc

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

 

 Result of Annual General Meeting

 

Savannah Resources plc, the European lithium development company, is pleased
to advise that all resolutions were duly passed at its Annual General Meeting
held earlier today.

 

For information, the proxy votes received in relation to the resolutions were
as follows:

 

 RESOLUTION MATTER                                                               VOTES FOR      VOTES AGAINST  VOTES DISCRETIONARY  VOTES WITHHELD  VOTES

 TOTAL
 1. To receive the report of the Directors and the audited Financial Statements  1,050,157,426  35,009         124,780              385,652         1,050,702,867
 of the Company for the year ended 31 December 2024.
 2. To re-appoint Rick Anthon as a Director of the Company.                      1,048,735,342  204,375        124,780              1,638,370       1,050,702,867
 3. To re-appoint Mike Connor as a Director of the Company.                      1,048,909,833  1,133,558      194,780              464,696         1,050,702,867
 4. To re-appoint BDO LLP as auditors of the Company and to authorise the        1,049,976,741  136,650        124,780              464,696         1,050,702,867
 Directors to determine the remuneration of the auditors.
 5. To authorise the Directors to exercise all or any of the powers of the       1,046,076,166  2,062,970      124,780              2,438,951       1,050,702,867
 Company to allot equity securities up to a maximum nominal amount of
 £12,510,000.
 6. To empower the Directors to dis-apply statutory pre-emption rights up to a   1,046,646,831  2,287,035      124,780              1,644,221       1,050,702,867
 maximum aggregate nominal amount of £12,200,000.

 

Savannah - Enabling Europe's energy transition.

 

**ENDS**

 

Follow @SavannahRes on X (Formerly known as Twitter)

 

Follow Savannah Resources on LinkedIn

 

 

For further information please visit 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)

                                                                         Tel: +44 20 7523 8000

 Canaccord Genuity Limited (Joint Broker)

 James Asensio / Charlie Hammond (Corporate Broking)

 Ben Knott (Sales)

 Portugal Media Relations                                                Tel: +351 962 678 912

 António Neves Costa (Communications Manager)

 

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
Project is the largest battery-grade spodumene lithium resource outlined to
date in Europe and was classified as a 'Strategic Project' by the European
Commission under the Critical Raw Materials Act in March 2025.

 

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 AIM Market of the London Stock
Exchange and trades under the ticker "SAV".

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