RNS out4 Oct 2021 08:09
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RNS Number : 8287N Savannah Resources PLC 04 October 2021 4 October 2021
Savannah Resources Plc (AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah' or the 'Company')
Appointment of Strategic Financing Executive and Senior Investor Relations and
Media Executive
Grant of Share Options under Long-Term Incentive Plan
Savannah, the resource development company focused on becoming Europe's most significant producer of spodumene lithium concentrate from its Mina do Barroso
Project in Portugal ("Mina do Barroso" or the "Project"), today announces the appointment of a Strategic Financing Executive and a Senior Investor
Relations/Media Executive to support the Company's continued growth.
Upon the recommendation of the Company's Remuneration Committee, Savannah also announces the grant of share options under the Company's existing long-term incentive plan (the "LTIP") which is designed to incentivise the Company's
Executive Directors, Executive Management team and other key individuals.
Management Team Appointments
Strategic Financing Executive
The Company is pleased to announce the appointment of Sascha Keen as a
Strategic Financing Executive with immediate effect. Sascha was previously engaged as a consultant to the Company and is expected to be instrumental in securing project finance for Mina do Barroso as it enters the development phase. Previously Sascha was a Director of Debt Advisory for Noah's
Rule where he led innovative project financings in the junior mining sector and brings over 25 years' management experience spanning natural resources, commodity, and renewable energy finance with institutions such as NM
Rothschild & Sons, Ltd. and Mitsui & Co., Ltd. Sascha holds an MBA from ESADE Business School and is a Graduate of the Australian Institute of
Company Directors.
Senior Investor Relations and Media Executive
Furthermore, the Company is also pleased to announce the appointment of
Valérie Mella as Senior Investor Relations and Media Executive with immediate effect. With more than 15 years' Investor Relations experience building best-in-class practices for US, French and Italian listed Blue-Chip companies and a UK-based asset manager, Valérie has an extensive understanding of the financial markets with a specialisation in the Natural Resources sector.
Valérie holds a Master's degree from Sciences-Po Paris.
Commenting, Savannah's Chief Executive Officer said: "We are delighted that
Sascha is joining us in a more formal capacity and to welcome Valérie to the
Company at such a critical juncture for the development of Mina do Barroso. Sascha will be a key member of the seni