Last checked at 1 Apr 2022 07:00
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**
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For further information please visit www.savannahresources.com or contact:
Savannah Resources PLC David Archer, CEO
| Tel: +44 20 7117 2489
|
SP Angel Corporate Finance LLP (Nominated Advisor) David Hignell / Charlie Bouverat
| Tel: +44 20 3470 0470
|
finnCap Ltd (Joint Broker) Christopher Raggett/ Tim Redfern
| Tel: +44 20 7220 0500
|
RBC Capital Markets (Joint Broker) Marcus Jackson/ Farid Dadashev/ Jamil Miah
| Tel: +44 (0) 20 7653 4000 |
WH Ireland Limited (Joint Broker) Jessica Cave/ Ben Good (Corporate Finance) Aimee McCusker (Corporate Broking)
| Tel: +44 20 7220 1666
|
Camarco (Financial PR) Gordon Poole/Emily Hall/Tessa Gough-Allen | Tel: +44 20 3757 4980 |
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".