Energy, Power & Resources
Savannah
Year
2019
Transaction type Equity Capital Markets & Corporate Broking
Sector Energy, Power & Resources
finnCap have advised Savannah Resources Plc on their £5m fundraising. Savannah Resources plc (AIM: SAV, FWB: SAV and SWB: SAV) are an AIM quoted resource development company, which is focused on becoming Europe’s most significant producer of lithium spodumene concentrates from its wholly owned Mina do Barroso Project in Portugal.
Funds will predominantly be used to complete the Definitive Feasibility Study on the Mina do Barroso Lithium Project located in northern Portugal.