Savannah Resources PLC Result of AGM (1641D)

TIDMSAV

RNS Number : 1641D

Savannah Resources PLC

19 June 2023

19 June 2023

Savannah Resources Plc

(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah', 'Savannah Resources' or the 'Company')

Result of Annual General Meeting

Savannah Resources plc, the European lithium development company, is pleased to advise that all resolutions were duly passed at its Annual General Meeting held earlier today.

For information, the proxy votes received in relation to the resolutions were as follows:

 
         RESOLUTION MATTER            VOTES FOR    VOTES AGAINST   VOTES DISCRETIONARY     VOTES     VOTES TOTAL 
                                                                                          WITHHELD 
 1. To receive the report 
  of the Directors and 
  the audited Financial 
  Statements of the Company 
  for the year ended 31 
  December 2022.                     341,591,299          12,600                20,000     142,415   341,766,314 
                                    ------------  --------------  --------------------  ----------  ------------ 
 2. To re-appoint Dale 
  Ferguson as a Director 
  of the Company.                    341,218,188   140,633                      20,000     387,493   341,766,314 
                                    ------------  --------------  --------------------  ----------  ------------ 
 3. To re-appoint James 
  Leahy as a Director of 
  the Company.                       341,196,088         162,733                20,000     387,493   341,766,314 
                                    ------------  --------------  --------------------  ----------  ------------ 
 4. To re-appoint Diogo 
  da Silveira as a Director 
  of the Company.                    341,218,188         140,633                20,000     387,493   341,766,314 
                                    ------------  --------------  --------------------  ----------  ------------ 
 5. To re-appoint BDO 
  LLP as auditors of the 
  Company and to authorise 
  the Directors to determine 
  the remuneration of the 
  auditors.                          341,264,960         298,939                20,000     182,415   341,766,314 
                                    ------------  --------------  --------------------  ----------  ------------ 
 6. To authorise the Directors 
  to exercise all or any 
  of the powers of the 
  Company to allot equity 
  securities up to a maximum 
  nominal amount of GBP6,750,000.    340,400,592       1,164,175                20,000     181,547   341,766,314 
                                    ------------  --------------  --------------------  ----------  ------------ 
 7. To empower the Directors 
  to dis-apply statutory 
  pre-emption rights up 
  to a maximum aggregate 
  nominal amount of GBP5,900,000.    336,622,683       4,862,084                20,000     261,547   341,766,314 
                                    ------------  --------------  --------------------  ----------  ------------ 
 

Regulatory Information

This Announcement contains inside information for the purposes of the UK version of the market abuse regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

Savannah Resources - Enabling Europe's energy transition.

**ENDS**

Follow @SavannahRes on Twitter

Follow Savannah Resources on LinkedIn

For further information please visit www.savannahresources.com or contact:

 
Savannah Resources PLC                                Tel: [phone] 
 Dale Ferguson, CEO 
SP Angel Corporate Finance LLP (Nominated Advisor     Tel: [phone] 
 & Joint Broker) 
 David Hignell/ Charlie Bouverat (Corporate Finance) 
 Grant Barker/Abigail Wayne (Sales & Broking) 
RBC Capital Markets (Joint Broker)                    Tel: [phone] 
 Farid Dadashev/ Jamil Miah 
                                                      Tel: [phone] 
  Camarco (Financial PR) 
  Gordon Poole/ Emily Hall / Fergus Young 
 
LPM ( Portugal Media Relations)                       Tel: [phone] 
 Herminio Santos/ Jorge Coelho 
 

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 0.5m 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".

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END

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June 19, 2023 05:40 ET (09:40 GMT)