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Savannah Resources to take full ownership of Mina do Barroso Lithium project

Savannah Resources PLC's (LON:SAV) chief executive David Archer tells Proactive London's Andrew Scott they're to take 100% control of their flagship asset, the Mina do Barroso Lithium project in Portugal.

The 25% that Savannah doesn’t already own is to be acquired from minority shareholders in an all-share transaction valued at approximately US$11.9mln.

Quick facts: Savannah Resources PLC

Price: 2.066 GBX

AIM:SAV
Market: AIM
Market Cap: £26.84 m
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Savannah Resources CEO hails submission of EIA and mine plan for Mina do...

Savannah Resources PLC's (LON:SAV) David Archer caught up with Proactive London following the news they've submitted the environmental impact assessment and associated mine plan documents for the proposed Mina do Barroso lithium mining project in Portugal. He says it marks a major milestone for...

on 1/6/20

2 min read