Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSavannah Resources Share News (SAV)

Share Price Information for Savannah Resources (SAV)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.35
Bid: 3.30
Ask: 3.40
Change: 0.00 (0.00%)
Spread: 0.10 (3.03%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 3.35
SAV Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Savannah Resources continues despite visit from Portuguese officials

Tue, 07th Nov 2023 18:18

(Alliance News) - Savannah Resources PLC on Tuesday said its work is continuing at the Barroso lithium project, whilst Portuguese investigating officials visited some of its sites.

Savannah Resources is a lithium development company focused on the Barroso project.

The company noted actions by the Portuguese public prosecutor.

These actions were taken to investigate facts into a project for a hydrogen energy production plant in Sines; the data centre construction project developed in the Sines industrial and logistics zone; and lithium exploitation concessions 'in the Romano (Montalegre) and do Barroso (Boticas)'.

As part of this, Savannah confirmed investigating officials attended certain business locations in Portugal on Tuesday.

"Savannah cooperated fully with the investigating officials and the company will continue to do so. Neither Savannah nor any of its directors or employees are targets of the investigation," the company said.

It also confirmed that its work at the Barroso lithium project is "continuing unencumbered" while the investigation is ongoing.

Shares in Savannah Resources closed flat at 3.30 pence each in London on Tuesday.

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
22 Sep 2021 14:24

TRADING UPDATES: Ten Entertainment post-lockdown boom; Mission payout

TRADING UPDATES: Ten Entertainment post-lockdown boom; Mission payout

Read more
30 Jun 2021 09:22

Savannah Resources in 'strong operational and financial position' despite Covid-19 pandemic

(Sharecast News) - Mineral resource development company Savannah Resources said on Wednesday that while the Covid-19 pandemic had created "many challenges", the electric vehicle market and, in turn, the lithium sector had experienced "a period of significant positive growth" against an otherwise difficult backdrop.

Read more
23 Jun 2021 17:25

TRADING UPDATES: Marlowe turns to loss; AFC Energy sees maiden revenue

TRADING UPDATES: Marlowe turns to loss; AFC Energy sees maiden revenue

Read more
23 Jun 2021 16:09

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
2 Jun 2021 19:10

TRADING UPDATES: Block Energy 2020 revenue jumps; Kanabo loss narrows

TRADING UPDATES: Block Energy 2020 revenue jumps; Kanabo loss narrows

Read more
2 Jun 2021 14:29

IN BRIEF: Savannah Energy in talks with Exxon over African asset deal

IN BRIEF: Savannah Energy in talks with Exxon over African asset deal

Read more
1 Jun 2021 20:24

TRADING UPDATES: CML plans AIM move; IronRidge to demerge gold assets

TRADING UPDATES: CML plans AIM move; IronRidge to demerge gold assets

Read more
6 May 2021 19:25

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

Read more
21 Apr 2021 13:43

IN BRIEF: Savannah Resources raises GBP10 million in share placing

IN BRIEF: Savannah Resources raises GBP10 million in share placing

Read more
21 Apr 2021 11:25

AIM WINNERS & LOSERS: System1 surges after raising profit guidance

AIM WINNERS & LOSERS: System1 surges after raising profit guidance

Read more
20 Apr 2021 22:10

TRADING UPDATES: Team rescinds Tavistock deal; PetroTal hedges further

TRADING UPDATES: Team rescinds Tavistock deal; PetroTal hedges further

Read more
16 Apr 2021 19:37

TRADING UPDATES: UK Oil & Gas annual loss widens on impairments

TRADING UPDATES: UK Oil & Gas annual loss widens on impairments

Read more
4 Mar 2021 15:23

TRADING UPDATES: Revolution Bars expects "rapid" rebound in trading

TRADING UPDATES: Revolution Bars expects "rapid" rebound in trading

Read more
12 Jan 2021 10:19

Savannah Pens Mina Do Barroso Investment From Portugal's Galp Energia

Savannah Pens Mina Do Barroso Investment From Portugal's Galp Energia

Read more
1 Dec 2020 14:29

UK DIRECTOR DEALINGS SUMMARY: Oxford BioMedica Non-Exec And Wife Sell

UK DIRECTOR DEALINGS SUMMARY: Oxford BioMedica Non-Exec And Wife Sell

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.