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Savannah Resources ( (GB:SAV) ) just unveiled an update.
Savannah Resources PLC has announced the appointment of Henrique Freire as its new Chief Finance Officer, marking a strategic move to strengthen its leadership team as the Barroso Lithium Project progresses. Henrique brings extensive experience from his previous roles in the energy sector and will be based in Lisbon, enhancing Savannah’s presence in the Portuguese business landscape. This leadership change, along with the expansion of the finance and commercial teams, positions Savannah to better engage with the government and stakeholders, supporting the company’s journey towards commercializing the Barroso Lithium Project.
More about Savannah Resources
Savannah Resources PLC is a company focused on the development of the Barroso Lithium Project in Portugal, which is recognized as one of the European Commission’s ‘Strategic Projects’ under the Critical Raw Materials Act. The project is noted for being Europe’s largest spodumene lithium deposit, indicating Savannah’s significant role in the lithium industry and its strategic market focus on critical raw materials.
YTD Price Performance: 24.14%
Average Trading Volume: 3,545,045
Technical Sentiment Signal: Strong Sell
Current Market Cap: £117.3M
For an in-depth examination of SAV stock, go to TipRanks’ Stock Analysis page.