Savannah Resources Plc / Index: AIM / Epic: SAV / Sector: Mining

7 February 2018                     

Savannah Resources Plc

Exercise of Options

Savannah Resources plc (AIM: SAV) ('Savannah', or the 'Company'), the AIM quoted resource development company, announces that it has issued 233,336 new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") in respect of 2013 Share Options at an exercise price of 4.62 pence per share (the "New Shares"), following an exercise of share options.

Application will be made for the New Shares, which will rank pari passu with existing Ordinary Shares, to be admitted to trading on AIM ('Admission'). It is expected that Admission will become effective and dealings will commence at 8:00am on or around 12 February 2018.

Total Voting Rights

Following Admission, the total issued share capital of the Company will consist of 637,083,722 Ordinary Shares. This number may be used by shareholders as the denominated for the calculations by which they will determine if they are required to notify their interest, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

This Announcement contains inside information for the purposes of Article 7 of the Regulation (EU) 596/2014.

*ENDS*

For further information please visit www.savannahresources.com or contact:

About Savannah

Savannah is a diversified resources group (AIM: SAV) with a portfolio of energy metals projects - lithium in Portugal and copper in Oman - together with the world-class Mutamba Heavy Mineral Sands Project in Mozambique, which is being developed in a consortium with the global major Rio Tinto. Savannah is committed to serving the interests of our shareholders and to delivering outcomes that will improve the lives of our staff and the communities the Company works with.