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21 Apr
17:10

LITHIUM: Savannah Resources raises $14.35m for Mina do Barroso project

UK-based Savannah Resources completed on Wednesday a £10.3 million ($14.35m) private placement aimed at advancing its Mina do Barroso lithium project in Portugal, Kallanish reports. The “significantly oversubscribed” fund raising includes the placing of roughly 250m shares and subscription of another 7.69m shares. The deal is subject to the admission of Savannah into AIM. The company expects to start trading on the London Stock Exchange’s …
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