Savannah Resources PLC Appointment of Joint Broker (9997Q)
June 25 2020 - 1:00AM
UK Regulatory
TIDMSAV
RNS Number : 9997Q
Savannah Resources PLC
25 June 2020
25 June 2020
Savannah Resources Plc
('Savannah', the 'Company' or the 'Group')
Appointment of Joint Broker
Savannah Resources Plc (AIM: SAV, FWB: SAV and SWB: SAV), the
AIM quoted resource development company, is pleased to advise that
it has appointed WH Ireland Limited ('WH Ireland') to act as Joint
Broker to the Company with immediate effect.
David Archer, Savannah's Chief Executive Officer said, "We look
forward to working with WH Ireland which will act as Joint Broker
for the Group in the UK market. WH Ireland has a long track record
in supporting growth companies and has a sizeable franchise in the
junior mining sector. In recent years their team has gained
significant experience from working with companies in the lithium
space which should benefit Savannah, as we continue with our
development plans for the Mina do Barroso Lithium Project in
Portugal.
"It was announced in March 2020 that Panmure Gordon would be
acquiring Whitman Howard. Whitman Howard is retiring as Joint
Broker and I would like to thank the team at Whitman Howard for
their efforts on behalf of Savannah over the past two years, first
as Equity Adviser and then as Joint Broker.
"finnCap Ltd and SP Angel Corporate Finance LLP will continue in
their roles as the Group's Joint Broker and Nominated Adviser,
respectively. As announced on 27 May, Savannah is also being
assisted in sourcing finance and partners for the Mina do Barroso
Project by EIT InnoEnergy, the innovation engine for sustainable
energy across Europe, which is responsible for the industrial
development activities of the European Battery Alliance."
Regulatory Information
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
**ENDS**
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
WH Ireland Limited (Joint Broker) Tel: +44 20 7220 1698
James Joyce/ Matt Chan (Corporate Finance)
Adam Pollock/ Jasper Berry (Corporate
Broking)
St Brides Partners Ltd (Financial PR) Tel: +44 20 7236 1177
Charlotte Page / Cosima Akerman
About Savannah
Savannah is a diversified resources group (AIM: SAV) with a
portfolio of energy metals projects - lithium in Portugal and
copper in Oman - together with the world-class Mutamba Heavy
Mineral Sands Project in Mozambique, which is being developed in a
consortium with the global major Rio Tinto. The Board is committed
to serving the interests of its shareholders and to delivering
outcomes that will improve the lives of the communities we work
with and our staff.
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.
END
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