Alantra acts as Joint Bookrunner for Savannah Resources on an oversubscribed £9.2 million equity raise to advance the Barroso Lithium Project

Nov 2025

Joint Bookrunner

Value €9.2mn

Madrid – Alantra has acted as Joint Bookrunner for Savannah Resources plc (AIM: SAV) on its £9.2 million (US$12.0 million) oversubscribed equity raise through an accelerated bookbuild placing and subscription.

The transaction will support the continued development of Savannah’s flagship Barroso Lithium Project in northern Portugal, including the acquisition of the Aldeia Mining Lease, Front-End Engineering Design, long-lead item procurement, and grid connection works as the company advances toward Final Investment Decision (FID).

André Pereira-Ambrosio, Partner and Head of ECM at Alantra Equities, said: “It has been a pleasure to support Savannah in the development of the Barroso Lithium Project in Portugal, a project of strategic importance for Europe’s energy transition. The strong institutional demand demonstrates growing investor confidence in Europe’s lithium value chain and in Savannah’s leadership within it.”

This transaction further highlights Alantra’s solid execution capabilities and track record in equity capital markets, strengthening its position within the Iberian market with 10 ECM transactions completed during 2025.