Savanna Capital Corp. Provides Corporate Update

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN
THE UNITED STATES

VANCOUVER, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) — Savanna Capital Corp. (the “Company”) (TSX-V: SAC.P) is pleased to announce the appointment of Ms. Deborah Battiston as Chief Financial Officer and a Director of the Company and Mr. Fred Leigh as a Director of the Company. 

Ms. Battiston is a CPA-CGA who holds BA in Economics from the University of Guelph and has over 20 years of financial management experience. Ms. Battiston has broad public company and mining expertise having served as CFO for a multitude of public resource sector companies. Ms. Battiston has managed the financial departments of numerous successful domestic and international organizations through exploration, development and into production.

Mr. Leigh has been involved in the junior resource sector for more than 30 years and has had a significant role as founder, director and/or investor in many public companies

The appointment of Ms. Battiston and Mr. Leigh follows the resignation of Mr. Robin Gamley as Chief Financial Officer and a Director of the Company and Mr. Mike Leo as a Director of the Company.

About Savanna Capital Corp.

The Company is a Capital Pool Company (as defined in the policies of the TSX Venture Exchange) listed on the TSX-V.

For further information, please contact:

Fred Leigh
Director
Tel: +1 (416) 861-5933

Forward-looking statements:

Certain statements in this release are forward-looking. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, as well as other factors beyond the Company’s control. The Company does not undertake to update any forward looking information, except in accordance with applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.