Savannah Resources schedules AGM for June 10

Published 16/05/2025, 12:06
Savannah Resources schedules AGM for June 10

LONDON - Savannah Resources (LON:SAVS) Plc, the AIM-listed European lithium developer, announced that its Annual General Meeting (AGM) is set to take place at 09:00 a.m. (BST) on Tuesday, June 10, 2025. The meeting will be held at Druces LLP, Salisbury House, London Wall, London, in the Exchange Meeting Room.

The company, which is the sole owner of the Barroso Lithium Project in northern Portugal, has made the 2024 Annual Report and Notice of AGM available for shareholders to view or download from its website. Shareholders who have opted out of electronic communications will receive the Notice of the 2025 AGM by post, with dispatch occurring on May 16, 2025.

Savannah Resources plays a crucial role in Europe’s energy transition, given the strategic importance of its Barroso Lithium Project. The European Commission recognized the project as a ’Strategic Project’ under the Critical Raw Materials Act in March 2025. The project is noted for being the largest identified battery-grade spodumene lithium resource in Europe.

Upon commencement of operations, the Barroso Lithium Project is expected to significantly contribute to the European Commission’s goal of achieving a minimum of 10% indigenous lithium production by 2030. It is projected to produce lithium for about half a million electric vehicle battery packs annually.

The company emphasizes its commitment to responsible development and operation of the project, aiming to minimize environmental impact while maximizing socio-economic benefits for stakeholders.

This information is based on a press release statement from Savannah Resources Plc, which is regulated on the AIM Market of the London Stock Exchange (LON:LSEG) under the ticker "SAV".

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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