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Savannah Resources (SAV) Share News

IN BRIEF: Savannah Resources sees strong interest in Barroso project

6th Nov 2023 18:06

Savannah Resources PLC - lithium development company focused on the Barroso project - Reports commercial interest in the project and its spodumene lithium offtake has been strong for a number of years. To quantify this interest, initiated a strategic partnering process in July, in which interested parties were invited to submit proposals outlining how they could assist Savannah with financing the project's development. Due to the high number of positive responses, appoints Barclays Bank PLC and Barrenjoey as joint financial advisers to lead on the next phase of the process. Read More

Savannah Resources begins drilling at flagship Portugal lithium asset

23rd Oct 2023 13:33

(Alliance News) - Savannah Resources PLC on Monday said that its 2023/24 drilling programme at the Barroso lithium project in Portugal is now underway. Read More

EARNINGS AND TRADING: Henderson Eurotrust net asset value per share up

2nd Oct 2023 13:55

(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News: Read More

EARNINGS: Beacon Energy and Kefi Gold & Copper losses widen

29th Sep 2023 14:29

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

IN BRIEF: Savannah Resources not in sale process despite media reports

18th Sep 2023 16:13

Savannah Resources PLC - lithium development company - Denies reports from Portuguese press that it is in a sale process. Says it is not in a sale process regarding the Barroso lithium project nor the company itself. Reiterates that on September 6, it had said that it received "significant" commercial interest in the project for several years and that there has been additional interest since the completion of a new positive scoping study. "Savannah is focusing on identifying groups which are willing to assist with the financing of the project's construction and bring complementary skills or additional opportunities to a long-term partnership with Savannah," firm says. Read More

Savannah Resources hires new CEO from large Portuguese firm

12th Sep 2023 12:12

(Alliance News) - Savannah Resources PLC on Tuesday said it has appointed Emanuel Proenca as its new chief executive officer. Read More

TRADING UPDATES: URA orders Gravelotte parts; Kefi sustains progress

6th Sep 2023 15:40

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Savannah Resources fundraise raises extra GBP400,000

18th Jul 2023 14:14

Savannah Resources PLC - lithium development company - Announces it has increased the gross proceeds from the fundraise announced last Thursday to GBP6.5 million from GBP6.1 million, following 8.8 million shares being issued raising GBP400,000. This means that 139.2 million new shares will be issued for a fundraise, increasing fundraise total to GBP6.5 million. The company will have an approximate GBP11.4 million in cash. Read More

Savannah Resources raises GBP6.1 million for Portugal lithium project

14th Jul 2023 08:22

(Alliance News) - Savannah Resources PLC on Friday said it raised GBP6.1 million, bolstering its coffers as it looks to develop a lithium project in Portugal. Read More

Savannah Resources plans GBP5.8 million fundraise to boost project

13th Jul 2023 17:20

(Alliance News) - Savannah Resources PLC on Thursday said it plans to raise GBP5.8 million, in order to boost its Barroso lithium project in northern Portugal. Read More

TRADING UPDATES: Mycelx wins deal; 88 Energy buys in Texas

3rd Jul 2023 17:31

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

12th Jun 2023 15:51

Read More

Savannah Resources hails net present value of Barroso lithium project

12th Jun 2023 10:16

(Alliance News) - Savannah Resources PLC on Monday announced results from a new scoping study on its Barroso lithium project in northern Portugal. Read More

IN BRIEF: Savannah shares soar as hails milestone for Barroso mine

31st May 2023 11:37

Savannah Resources PLC - London-based lithium development company - Receives positive declaration of environmental impact from the Portuguese environmental regulator, Agencia Portuguesa do Ambiente, for its wholly owned Barroso lithium project in northern Portugal. Adds, it has agreed to the set of conditions issued alongside the declaration to ensure the project is "developed and operated in a socially and environmentally responsible way." Says project can now progress to the next stage of its environmental licensing process. Expects to publish a new scoping study in the second half of 2023 and will move forward with its definitive feasibility study, which includes carrying out fieldwork later in the year. Savannah has been in talks with APA in the last few months over Barroso's environmental impact assessment. Based on feedback, Savannah has focused on the management of water resources, optimisation of project-related infrastructure, ecology, socio-economic considerations and landscape impacts. Read More

AIM WINNERS & LOSERS: Purplebricks plummets on withdrawal of offer

31st May 2023 10:45

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

LONDON MARKET OPEN: Stocks down on US debt ceiling jitters

31st May 2023 09:18

(Alliance News) - Stock prices in London opened lower on Wednesday, as financial markets await a vote on the US debt ceiling agreement. Read More

IN BRIEF: Savannah Resources notes sales of Petronas's assets

26th May 2023 11:48

Savannah Resources PLC - London-based energy company, with projects in Cameroon, Chad, Niger and Nigeria - Gets notice from Petronas Overseas Ventures of sale of its assets to Societe des Hydrocarbures. This comes after a share purchase agreement for a wholly owned affiliate of Savannah to purchase Petronas's asset portfolio in Chad and Cameroon was terminated in December. Petronas owned 30% of Cameroon Oil Transportation Company SA, while Savannah currently holds a 41% interest in COTCO. Read More

IN BRIEF: Savannah Resources strategy chief buys 1.6 million shares

21st Apr 2023 14:45

Savannah Resources PLC - European lithium development company - Chief Strategy Officer Sascha Keen buys 1.6 million shares at an average price of 3.66 pence each. The shares were bought in three separate transactions on Monday, Tuesday, and Wednesday, worth GBP59,360, in London. Read More

Savannah Energy to develop new hydroelectric project in Cameroon

20th Apr 2023 17:35

(Alliance News) - Savannah Energy PLC said on Thursday that its subsidiary had signed a memorandum of agreement with the government of the Republic of Cameroon for the development of a new hydroelectric project in the country's northern region. Read More

TRADING UPDATES: Greatland hails gold find; Capital revenue climbs

20th Apr 2023 17:23

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

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