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Savannah Resources Ord Shs SAVNF

Savannah Resources Plc is a lithium development company. The Company is focused on developing the Barroso Lithium Project in Portugal, Europe's spodumene lithium deposit. The Barroso Lithium Project contains significant spodumene lithium resources in Western Europe, consisting of five deposits, including Grandao, Reservatorio, Pinheiro, NOA and Aldeia. The Barroso Lithium Project is located in northern Portugal near the town of Boticas and around 145 kilometers (km) by road from the deep-water port of Leixoes near the city of Porto. The Barroso Lithium project covers an area of 8.36 square kilometers (km2) in the Barroso hills of northeast Portugal and consists of the C-100 Mining Lease (5.42km2) and an adjacent, three block, mining lease application area (2.94 km2). It owns significant lithium raw material assets within the European Union. By responsibly producing lithium raw material, it actively supports the creation of a new lithium value chain in Portugal and the rest of Europe.


OTCPK:SAVNF - Post by User

Post by ScandiumPoweron Nov 28, 2023 3:22am
105 Views
Post# 35755642

Additional managenemt share dealings

Additional managenemt share dealings

23 November 2023

 

Savannah Resources Plc

(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah,' or the 'Company')

 

Director Dealings

 

Savannah, the resource development company focused on becoming Europe's most significant producer of spodumene lithium concentrate from its Barroso Lithium Project (the 'Project') in Portugal, has been informed that, between the 20-21 November 2023 the Company Directors listed below made the following purchases of Ordinary Shares of £0.01 each in the Company ("Shares"):

·    Mr. Bruce Griffin, Non-Executive Director, via his Company, Farview Solutions Limited, acquired a total of 1,000,000 Shares at an average price of 2.35298 pence per Ordinary Share, totaling £23,529.78; and

·    Ms. Mary Jo Jacobi, Non-Executive Director, acquired a total of 98,000 Shares at a price of 2.38000 pence per Share, totaling £2,332.40.

 

Following these acquisitions, the individuals listed above have total beneficial interests in Savannah's Shares, with voting rights, as follows:

·    Mr. Griffin: 1,110,572, representing 0.06% of the Company's issued share capital; and

·    Ms. Jacobi: 578,900, representing 0.03% of the Company's issued share capital.

 

https://www.savannahresources.com/investors/rns-feed/rns-announcements/?rid=4427064

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