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<title>Savannah Resources Plc — News on 6ix</title>
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<description>Latest news and press releases for Savannah Resources Plc on 6ix.</description>
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<title>Savannah Resources Plc</title>
<link>https://6ix.com/company/savannah-resources-plc</link>
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<title>Financial Results & Notice of AGM</title>
<link>https://6ix.com/company/savannah-resources-plc/news/financial-results-and-notice-of-agm</link>
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<pubDate>Thu, 16 Apr 2026 06:00:00 GMT</pubDate>
<description>Savannah Resources Plc reported its audited financial results for the year ended 31 December 2025, highlighting a loss from continuing operations of £4.0 million, an improvement from £4.4 million in 2024, and ending the year with £17.2 million in cash. The company successfully raised approximately £14.6 million in gross proceeds through two equity fundraisings. Significant progress was made on the Barroso Lithium Project, including an upgraded JORC Resource of 39.1Mt at 1.05% Li₂O, and the proje</description>
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<title>Project Timetable Update</title>
<link>https://6ix.com/company/savannah-resources-plc/news/project-timetable-update</link>
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<pubDate>Mon, 23 Mar 2026 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc has provided an update on the Barroso Lithium Project in Portugal, targeting the completion of its Definitive Feasibility Study and environmental licence compliance process in July 2026, while reiterating its goal of first production in 2028. The company is proceeding with these key milestones without further fieldwork data collection, incorporating existing comprehensive technical work to maintain momentum and capitalize on the current lithium market. Savannah expects to </description>
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<title>Official signing of the Portuguese State Grant</title>
<link>https://6ix.com/company/savannah-resources-plc/news/official-signing-of-the-portuguese-state-grant</link>
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<pubDate>Wed, 21 Jan 2026 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc has officially signed a Portuguese State Grant agreement for up to approximately €110 million (US$128 million) to support its Barroso Lithium Project. This non-reimbursable grant, funded by national and European Commission sources, is a significant development for Europe's largest spodumene lithium deposit and positions Savannah as a key player in the critical raw materials sector. The grant signing ceremony, attended by high-ranking Portuguese officials, underscores the p</description>
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<title>Project and Market Update</title>
<link>https://6ix.com/company/savannah-resources-plc/news/project-and-market-update</link>
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<pubDate>Thu, 15 Jan 2026 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc has provided a project and market update following the approval of an up to €110 million non-reimbursable grant from the Portuguese State for its Barroso Lithium Project. The company expects the formal signing of the investment contract soon and is working towards completing its Definitive Feasibility Study and environmental licence compliance exercise this year, with progress noted in mining optimisation, water infrastructure, and bypass road design. While awaiting tempor</description>
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<title>Approval of up to €110m Portuguese State Grant</title>
<link>https://6ix.com/company/savannah-resources-plc/news/approval-of-up-to-euro110m-portuguese-state-grant</link>
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<pubDate>Fri, 09 Jan 2026 11:08:00 GMT</pubDate>
<description>Savannah Resources Plc has announced the award of a significant non-reimbursable grant of up to approximately €110 million (US$128 million) from the Portuguese State for its Barroso Lithium Project. This grant, supported by national funds under the European Commission's Temporary Crisis and Transition Framework, will contribute to the project's initial development capital expenditure, with 75% (€82.25 million) allocated to CAPEX and the remaining 25% (€27.42 million) linked to operational perfor</description>
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<title>Changes To Technical Team</title>
<link>https://6ix.com/company/savannah-resources-plc/news/changes-to-technical-team</link>
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<pubDate>Tue, 23 Dec 2025 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc is restructuring its technical team to transition from project development to construction and operation of the Barroso Lithium Project, with Chief Technical Officer Dale Ferguson departing at year-end. His responsibilities will be assumed by Boris Daza, Development Manager, and João Nunes, Operations Readiness Manager, both experienced in lithium and mining projects. This change follows a successful resource upgrade announced in September and progresses the company toward</description>
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<title>Acquisition of Aldeia Mining Lease - Update</title>
<link>https://6ix.com/company/savannah-resources-plc/news/acquisition-of-aldeia-mining-lease-update</link>
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<pubDate>Fri, 19 Dec 2025 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc has confirmed the final step in acquiring the Aldeia Mining Lease, with the vendor instructing the DGEG to transfer the C-190 Mining Lease to Savannah's sole ownership, which will be integrated into the Barroso Lithium Project. The acquisition price for the lease is €3,250,000, with a balance of €2,950,000 due to DGEG, consisting of an initial €55,000 payment upon transfer and the remainder in 71 monthly instalments. This lease contains a JORC resource of 3.5Mt at 1.30% Li</description>
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<title>RESourceEU Action Plan – Update</title>
<link>https://6ix.com/company/savannah-resources-plc/news/resourceeu-action-plan-update</link>
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<pubDate>Fri, 12 Dec 2025 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc welcomes the European Commission's RESourceEU Action Plan, which aims to bolster critical raw material supply chains and reduce dependencies, potentially benefiting its Barroso Lithium Project in Portugal. The plan includes mobilizing up to €3 billion over the next 12 months for projects like Savannah's, which is designated a 'Strategic Project' under the European Critical Raw Materials Act. Key initiatives involve de-risking investments, fast-tracking permitting for strat</description>
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<title>Reconfirmation of Strategic Project Status</title>
<link>https://6ix.com/company/savannah-resources-plc/news/reconfirmation-of-strategic-project-status</link>
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<pubDate>Thu, 04 Dec 2025 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc has had the Barroso Lithium Project in Portugal reconfirmed as a 'Strategic Project' by the European Commission under the Critical Raw Materials Act, following a review requested by various groups. The Commission's assessment found the project's technical data robust and rejected claims that it would violate the Water Framework Directive, noting that implemented mitigation measures significantly reduced water resource risks. This reconfirmation solidifies the project's imp</description>
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<title>Savannah CEO interviewed on Vox Markets</title>
<link>https://6ix.com/company/savannah-resources-plc/news/savannah-ceo-interviewed-on-vox-markets</link>
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<pubDate>Mon, 01 Dec 2025 11:30:00 GMT</pubDate>
<description>Savannah Resources Plc announced that its CEO was interviewed on Vox Markets, discussing the company's achievements in 2025 and its outlook for a transformational 2026, which includes completing the Definitive Feasibility Study and environmental licence for the Barroso Lithium Project, and advancing to financing and development. The interview also touched upon current lithium market dynamics, with spodumene prices nearly doubling in the latter half of the year, and developments in the European l</description>
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<title>Operational and Sector Update</title>
<link>https://6ix.com/company/savannah-resources-plc/news/operational-and-sector-update</link>
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<pubDate>Wed, 26 Nov 2025 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc has provided an operational and sector update, highlighting strong commercial interest and a significant increase in spodumene prices, which have risen by approximately 80% since June to around $1,100/t. The company now holds total cash reserves of approximately £21 million ($27 million) following an oversubscribed £9.8 million fundraise, positioning it well for a Final Investment Decision next year. Key developments include the ongoing acquisition of the Aldeia Mining Lea</description>
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<title>Purchase of shares by CEO</title>
<link>https://6ix.com/company/savannah-resources-plc/news/purchase-of-shares-by-ceo</link>
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<pubDate>Tue, 25 Nov 2025 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc announced that its CEO, Emanuel Proença, purchased 235,000 ordinary shares for £7,872.50 at 3.35 pence per share on November 21, 2025. Following this transaction, Mr. Proença beneficially owns 3,359,556 shares, representing 0.13% of the company's issued share capital. This purchase by a key executive could be viewed positively by the market, indicating confidence in the company's Barroso Lithium Project.
Disclaimer*</description>
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<title>Notification of Major Shareholding</title>
<link>https://6ix.com/company/savannah-resources-plc/news/notification-of-major-shareholding-1</link>
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<pubDate>Fri, 21 Nov 2025 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc has announced a major shareholding notification from Optimize Portugal Golden Opportunities Fund, which now holds 5.2154% of the company's voting rights, totaling 134,253,468 shares, following an acquisition on November 12, 2025. This development signifies a change in the breakdown of voting rights for Savannah Resources, the developer of the Barroso Lithium Project in Portugal.
Disclaimer*</description>
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<title>Result of RetailBook Offer</title>
<link>https://6ix.com/company/savannah-resources-plc/news/result-of-retailbook-offer</link>
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<pubDate>Tue, 11 Nov 2025 15:40:00 GMT</pubDate>
<description>Savannah Resources plc has successfully completed its fundraising, raising a total of £9.8 million (US$12.7 million) through a Placing, Subscription, RetailBook Offer, and Additional Subscriptions, bringing its total cash reserves to approximately £21 million (circa US$27 million). The RetailBook Offer alone contributed £453,647 through the issuance of 12,260,733 new Ordinary Shares at 3.7 pence per share. Substantial shareholders Grupo Lusiaves SGPS, S.A. and Pluris Investments S.A. increased t</description>
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<title>Investor Presentation</title>
<link>https://6ix.com/company/savannah-resources-plc/news/investor-presentation-19</link>
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<pubDate>Tue, 11 Nov 2025 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc has announced that an updated Corporate Presentation is now available on their website, detailing their Barroso Lithium Project in Portugal, which is recognized as Europe's largest spodumene lithium deposit and a 'Strategic Project' under the European Critical Raw Materials Act. The company also confirmed that a recording of a recent investor presentation by the CEO is accessible online, providing further insights into their operations and strategic importance for Europe's</description>
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<title>Investor Presentation via Investor Meet Company</title>
<link>https://6ix.com/company/savannah-resources-plc/news/investor-presentation-via-investor-meet-company-20</link>
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<pubDate>Fri, 07 Nov 2025 07:40:00 GMT</pubDate>
<description>Savannah Resources Plc (AIM: SAV) announced an upcoming live investor presentation by CEO Emanuel Proença via the Investor Meet Company platform on Monday, 10 November 2025, at 12:45 GMT. This event provides existing and potential shareholders an opportunity to engage directly with the company, which is developing the Barroso Lithium Project in Portugal. The project is highlighted as a 'Strategic Project' under the European Critical Raw Materials Act and Europe's largest spodumene lithium deposi</description>
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<title>Result of Accelerated Bookbuild and Subscription</title>
<link>https://6ix.com/company/savannah-resources-plc/news/result-of-accelerated-bookbuild-and-subscription</link>
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<pubDate>Fri, 07 Nov 2025 07:26:00 GMT</pubDate>
<description>Result of Accelerated Bookbuild and Subscription.</description>
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<title>Retail Offer</title>
<link>https://6ix.com/company/savannah-resources-plc/news/retail-offer-2</link>
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<pubDate>Thu, 06 Nov 2025 17:37:00 GMT</pubDate>
<description>Savannah Resources plc has announced a conditional retail offer of new ordinary shares at an issue price of 3.7p per share, representing a 2.63% discount to its closing mid-price on 5 November 2025. The offer, which closes by 12:00 p.m. on 11 November 2025, requires a minimum subscription of £250 per investor and is part of a broader fundraise. This capital raise, including a concurrent institutional placing and direct subscription, is intended to acquire the Aldeia Mining Lease, adjacent to the</description>
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<title>Proposed Fundraise</title>
<link>https://6ix.com/company/savannah-resources-plc/news/proposed-fundraise</link>
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<pubDate>Thu, 06 Nov 2025 17:11:00 GMT</pubDate>
<description>Proposed Fundraise.</description>
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<title>MoU with local healthcare group</title>
<link>https://6ix.com/company/savannah-resources-plc/news/mou-with-local-healthcare-group</link>
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<pubDate>Mon, 27 Oct 2025 07:00:00 GMT</pubDate>
<description>Savannah Resources Plc has announced a Memorandum of Understanding with Terra Quente Saúde Group to enhance healthcare services around the Barroso Lithium Project in Boticas. The partnership aims to improve living conditions in the Barroso Trás-os-Montes region. Terra Quente Saúde Group operates three hospitals in Chaves, Mirandela and Bragança, and opened two Clinics in Mogadouro and Vila Nova de Foz Côa earlier this year. The collaboration will explore initiatives such as regular doctor/nurse </description>
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