17
Jul
17:18
Savannah expects to raise £6.1m to accelerate Barroso development
London-listed lithium explorer Savannah Resources expects to raise £6.1 million ($7.97m) through a placing and direct subscription programme managed by SP Angel Corporate Finance and Clarksons Securities.
The company plans to issue over 130.35 million shares in a fundraise to enable the completion of the definitive feasibility study for the Barroso lithium project in northern Portugal. The accelerated bookbuilding process will also enable the completion of t…
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