Savannah Resources PLC Appointment of Joint Corporate Broker (8529G)

TIDMSAV

RNS Number : 8529G

Savannah Resources PLC

01 April 2022

1 April 2022

Savannah Resources Plc

(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah' or the 'Company')

Appointment of Joint Corporate Broker

Savannah, the European lithium development company, is pleased to announce the appointment of RBC Capital Markets as Joint Corporate Broker to the Company with immediate effect. finnCap and WH Ireland will continue in their roles as the Group's Joint Corporate Brokers and SP Angel Corporate Finance LLP as Nominated Advisor.

David Archer, the CEO of Savannah commented ' 'RBC brings deep, sector specific resources expertise to our broking panel and is a leading global adviser to energy transition clients like Savannah. We look forward to working with RBC as we build Europe's leading lithium production company".

Further information

About RBC Capital Markets

RBC Capital Markets is recognised by the most significant corporations, institutional investors, asset managers, private equity firms, and governments around the globe as an innovative, trusted partner with an in-depth expertise in capital markets, banking, and finance.

RBC Capital Markets is well-established in the largest, most mature capital markets with over 6,400 employees across North America, Europe, and the Asia-Pacific region in 58 offices and 14 countries, collectively encompassing 82% of global investment banking activity* each year and serving over 15,500 clients worldwide in over 100 countries.

For more information on RBC Capital Markets, visit rbccm.com

* Dealogic Analytics (criteria based on completion date between November 1, 2021 - January 31, 2022).

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").

**ENDS**

Follow @SavannahRes on Twitter

Follow Savannah Resources on LinkedIn

For further information please visit www.savannahresources.com or contact:

 
Savannah Resources PLC                       Tel: +44 20 7117 2489 
 David Archer, CEO 
SP Angel Corporate Finance LLP (Nominated    Tel: +44 20 3470 0470 
 Advisor) 
 David Hignell / Charlie Bouverat 
finnCap Ltd (Joint Broker)                   Tel: +44 20 7220 0500 
 Christopher Raggett/ Tim Redfern 
RBC Capital Markets (Joint Broker)           Tel: +44 (0) 20 7653 4000 
 Marcus Jackson/ Farid Dadashev/ Jamil 
 Miah 
WH Ireland Limited (Joint Broker)            Tel: +44 20 7220 1666 
 Jessica Cave/ Ben Good (Corporate Finance) 
 Aimee McCusker (Corporate Broking) 
Camarco (Financial PR)                       Tel: +44 20 3757 4980 
 Gordon Poole/Emily Hall/Tessa Gough-Allen

About Savannah

Savannah is the owner of the Barroso Lithium Project, located close to key infrastructure in Northern Portugal which contains the most significant spodumene lithium resource in Western Europe. Following a positive Scoping Study which outlined a conventional operation producing 175,000t of spodumene concentrate per annum, Savannah is progressing the development and environmental licencing of the Barroso Lithium Project. A Definitive Feasibility Study is underway, and Portugal's environmental regulator is currently evaluating Savannah's Environmental Impact Assessment study. 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".

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

APPBRGDXDGXDGDB

(END) Dow Jones Newswires

April 01, 2022 02:01 ET (06:01 GMT)

Savannah Resources (LSE:SAV)
Historical Stock Chart
From Jul 2024 to Jul 2024