Business
Appointment of AMG Representative to Board
Appointment of AMG Representative to Board.
About this update from Savannah Resources Plc
[{"type":"text","content":"\n\n \n \n\n20 August 2024\nSavannah Resources Plc\n(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah' or the 'Company')\n \nAppointment of AMG Representative to Savannah's Board\n \nSavannah Resources plc, the European lithium development company, announces that following the investment from the Company's new largest shareholder and strategic partner, AMG Critical Materials N.V. ('AMG'), Mr Mike Connor, has been appointed as a Non-Executive Director of the Company effective from 20 August 2024 as per the terms of the subscription agreement.\n \nMr. Connor joined AMG in 2010 and served in various positions within the Company, including as the Corporate Controller of the AMG Group for close to a decade before being appointed Chief Corporate Development Officer and a Management Board member of AMG in May 2024. In his Board role at AMG, Mike was significantly involved in creating the strategic partnership with Savannah.\n \nSavannah's Chairman, Rick Anthon said: \"It is my pleasure to welcome Mike to the Company as our new Non-Executive Director and representative of AMG as we begin this new phase in Savannah's evolution with our new partner. Having a member of AMG's own board join our leadership team clearly indicates the significance that our new partner places on its relationship with Savannah. Furthermore, we are fortunate that Mike brings highly relevant lithium sector knowledge to Savannah, which he has gained while helping AMG build their own lithium business over recent years. The team and I are very much looking forward to working with him and the senior management team from AMG Lithium as we develop our Project into a responsibly managed source of lithium for Europe, which generates significant socio-economic benefits for all its stakeholders.\"\n \nSavannah's new Non-Executive Director, Mike Connor said: \"I am grateful for the opportunity to join the Savannah team as a board member. I look forward to contributing my skills and experience, and to collaborating to achieve positive outcomes for both the Company and the communities we serve. Mining goes beyond extracting minerals, it's about creating opportunities, fostering local prosperity, and nurturing a resilient and thriving community. Savannah is uniquely positioned to execute on all three of these goals. I hope to draw from my experienc...