Savannah Resources Shareholder Stake Increase

Savannah Resources (GB:SAV) has released an update.

Savannah Resources PLC, the sole owner of Europe’s largest spodumene lithium deposit, has reported a significant share acquisition by Mário Nuno Dos Santos Ferreira, who now holds 5% of the company’s voting rights. This development underscores the company’s ongoing growth as it advances towards its goal of initiating lithium production by 2026, which will contribute to Europe’s lithium battery supply chain and meet the European Commission’s targets for local lithium production.

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