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Savannah Resources Appoints Finance Advisor for Barroso Lithium Project

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Savannah Resources Appoints Finance Advisor for Barroso Lithium Project

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Savannah Resources ( (GB:SAV) ) has provided an announcement.

Savannah Resources has appointed Cutfield Freeman & Company Limited as its Project Finance Advisor to advance the funding strategy for the Barroso Lithium Project in Portugal. This appointment aims to leverage the growing investor interest and favorable lithium market dynamics, ensuring the project’s rapid development to support Europe’s critical battery and renewable sectors.

More about Savannah Resources

Savannah Resources is a mineral resource development company that owns the Barroso Lithium Project in northern Portugal. This project is the largest battery-grade spodumene lithium resource in Europe and has been classified as a ‘Strategic Project’ by the European Commission. The company aims to provide a significant supply of lithium for Europe’s battery value chain, contributing to the European Commission’s goal of increasing endogenous lithium production.

Average Trading Volume: 1,999,147

Technical Sentiment Signal: Sell

Current Market Cap: £78.52M

For detailed information about SAV stock, go to TipRanks’ Stock Analysis page.

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