19 September 2023
Savannah Resources Plc
(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah', or the 'Company')
Mr Manohar Pundalik Shenoy
It is with deep sadness that the Board of Savannah announces the passing of Mr. Manohar Pundalik Shenoy, Non-Executive Director of the Company. The Board extends its sincerest condolences and sympathies to Mr Shenoy's family and friends.
Manohar joined Savannah's Board in 2016 as an alternate Director for one of the nominees of Al Marjan, Savannah's largest shareholder. He became a Non-Executive Director in his own right in April 2022 and was Chairman of the Board's Audit and Risk Committee and served on the Remuneration Committee.
In paying tribute to Manohar, Savannah's Chairman, Matthew King, Said, "Manohar was a committed member of the Savannah Board who commanded great respect for his business acumen and human decency. We will miss his valued contributions, particularly as Chairman of our Audit and Risk Committee. I have great admiration for his dedication to Savannah which continued unabated throughout his recent illness. My deepest sympathies for his wife, Saroj, and son, Sailesh."
Savannah - Enabling Europe's energy transition.
**ENDS**
For further information please visit www.savannahresources.com or contact:
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Savannah Resources PLC Emanuel Proença, CEO |
Tel: +44 20 7117 2489 |
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SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker) David Hignell/ Charlie Bouverat (Corporate Finance) Grant Barker/Abigail Wayne (Sales & Broking) |
Tel: +44 20 3470 0470 |
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RBC Capital Markets (Joint Broker) Farid Dadashev/ Jamil Miah |
Tel: +44 20 7653 4000 |
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Camarco (Financial PR) Gordon Poole/ Emily Hall / Fergus Young |
Tel: +44 20 3757 4980 |
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LPM (Portugal Media Relations) Herminio Santos/ Jorge Coelho |
Tel: +351 218 508 110 |
About Savannah
Savannah Resources is a mineral resource development company and sole owner of the Barroso Lithium Project in northern Portugal.
Savannah is focused on the responsible development and operation of the Barroso Lithium Project so that its impact on the environment is minimised and the socio-economic benefits that it can bring to all its stakeholders are maximised. Through the Barroso Lithium Project, Savannah can help Portugal to play an important role in providing a long-term, locally sourced, lithium raw material supply for Europe's rapidly developing lithium battery value chain. Production is targeted to begin in 2026, producing enough lithium for approximately half a million vehicle battery packs per year.
The Company is listed and regulated on AIM and the Company's ordinary shares are also available on the Quotation Board of the Frankfurt Stock Exchange (FWB) under the symbol FWB: SAV, and the Börse Stuttgart (SWB) under the ticker "SAV".