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Laneway Resources Ltd. ( (AU:SVG) ) has issued an update.
Savannah Goldfields Limited has announced a proposed issue of securities through an accelerated non-renounceable entitlement offer, potentially issuing up to 281,084,916 ordinary fully paid shares. This move is aimed at raising capital to support the company’s operations and strategic growth initiatives, potentially impacting its market position and providing opportunities for retail security holders.
More about Laneway Resources Ltd.
Savannah Goldfields Limited operates in the mining industry, focusing on the extraction and production of gold. The company is engaged in developing and managing gold mining projects, aiming to strengthen its position within the gold market.
YTD Price Performance: 0.0%
Average Trading Volume: 185,440
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$5.62M
For detailed information about SVG stock, go to TipRanks’ Stock Analysis page.
