Result of AGM

Savannah Resources PLC

19 June 2023

 

19 June 2023

Savannah Resources Plc

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

Result of Annual General Meeting

Savannah Resources plc, the European lithium development company, is pleased to advise that all resolutions were duly passed at its Annual General Meeting held earlier today.

For information, the proxy votes received in relation to the resolutions were as follows:

RESOLUTION MATTER	VOTES FOR	VOTES AGAINST	VOTES DISCRETIONARY	VOTES WITHHELD	VOTES TOTAL
1. To receive the report of the Directors and the audited Financial Statements of the Company for the year ended 31 December 2022.	341,591,299	12,600	20,000	142,415	341,766,314
2. To re-appoint Dale Ferguson as a Director of the Company.	341,218,188	140,633	20,000	387,493	341,766,314
3. To re-appoint James Leahy as a Director of the Company.	341,196,088	162,733	20,000	387,493	341,766,314
4. To re-appoint Diogo da Silveira as a Director of the Company.	341,218,188	140,633	20,000	387,493	341,766,314
5. To re-appoint BDO LLP as auditors of the Company and to authorise the Directors to determine the remuneration of the auditors.	341,264,960	298,939	20,000	182,415	341,766,314
6. To authorise the Directors to exercise all or any of the powers of the Company to allot equity securities up to a maximum nominal amount of £6,750,000.	340,400,592	1,164,175	20,000	181,547	341,766,314
7. To empower the Directors to dis-apply statutory pre-emption rights up to a maximum aggregate nominal amount of £5,900,000.	336,622,683	4,862,084	20,000	261,547	341,766,314

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").

Savannah Resources - Enabling Europe's energy transition.

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For further information please visit www.savannahresources.com or contact:

Savannah Resources PLC Dale Ferguson, CEO	Tel: [phone]
SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker) David Hignell/ Charlie Bouverat (Corporate Finance) Grant Barker/Abigail Wayne (Sales & Broking)	Tel: [phone]
RBC Capital Markets (Joint Broker) Farid Dadashev/ Jamil Miah	Tel: [phone]
Camarco (Financial PR) Gordon Poole/ Emily Hall / Fergus Young	Tel: [phone]
LPM ( Portugal Media Relations) Herminio Santos/ Jorge Coelho	Tel: [phone]

About Savannah

Savannah Resources is a mineral resource development company and sole owner of the Barroso Lithium Project in northern Portugal.

Savannah is focused on the responsible development and operation of the Barroso Lithium Project so that its impact on the environment is minimised and the socio-economic benefits that it can bring to all its stakeholders are maximised. Through the Barroso Lithium Project, Savannah can help Portugal to play an important role in providing a long-term, locally sourced, lithium raw material supply for Europe's rapidly developing lithium battery value chain. Production is targeted to begin in 2026, producing enough lithium for 0.5m vehicle battery packs per year.

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".

 

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