Savannah Resources has completed a placing for new shares
Savannah Resources Plc has raised funds to progress its flagship lithium project Mina do Barroso.
Savannah Resources is a multi-commodity mineral resource development company focused on building cash generative and profitable mining operations. The company operates a strategic portfolio of assets, spanning near-term production potential and longer-term development opportunities. Their current flagship project is Mina Do Barrosso, Portugal – a wholly owned opportunity to become the first lithium producer in Europe via the rapid development of the most significant spodumene lithium resource in the EU.
Oaklins Cavendish’s sister firm finnCap acted as the UK joint broker, raising capital and advising on pricing.
Talk to the deal team
Related deals
Ebidco has finalized a voluntary public tender offer for the shares of Eles Semiconductor Equipment
Ebidco S.r.l. has completed a voluntary public tender offer for the shares of Eles Semiconductor Equipment S.p.A.
Learn moreAedes has finalized a rights issue
Aedes S.p.A. has successfully finalized a rights issue to support the objectives of the group’s 2024-2028 business plan and the relaunch of its business.
Learn moreBackspin has completed a mandatory public tender offer for the shares of Spindox
Backspin S.p.A. has completed a mandatory public tender offer for Spindox S.p.A.
Learn more