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Savannah Resources Reports Major Shareholder Update

Savannah Resources Reports Major Shareholder Update

Savannah Resources (GB:SAV) has released an update.

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Savannah Resources Plc has announced a significant change in their major shareholding structure, with Al Marjan Limited now holding 12.69% of the total voting rights following a recent subscription by AMG Critical Materials B.V. This development is poised to impact the Barroso Lithium Project in Portugal, Europe’s largest spodumene lithium deposit, which Savannah Resources is developing to support Europe’s lithium battery value chain and energy transition goals.

For further insights into GB:SAV stock, check out TipRanks’ Stock Analysis page.

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