Savannah Resources ( (GB:SAV) ) has provided an announcement.
Savannah Resources has appointed Canaccord Genuity Limited as a Joint Corporate Broker for its operations, while SP Angel Corporate Finance LLP continues as the Nominated Adviser and Joint Corporate Broker. This strategic move is part of Savannah’s efforts to strengthen its market presence and support the development of the Barroso Lithium Project, which is crucial for Europe’s energy transition and lithium supply chain.
More about Savannah Resources
Savannah Resources is a mineral resource development company and the sole owner of the Barroso Lithium Project in northern Portugal, which is the largest battery grade spodumene lithium resource in Europe. The company aims to support Europe’s lithium battery value chain by providing a locally sourced lithium supply, contributing to the European Commission’s goal for endogenous lithium production. Savannah is listed on the London Stock Exchange’s AIM and focuses on responsible development to maximize socio-economic benefits while minimizing environmental impact.
YTD Price Performance: 1.15%
Average Trading Volume: 2,067,507
Technical Sentiment Signal: Sell
Current Market Cap: £95.6M
For a thorough assessment of SAV stock, go to TipRanks’ Stock Analysis page.