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Savannah Goldfields Seeks ASX Quotation for Over 100 Million Shares

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Savannah Goldfields Seeks ASX Quotation for Over 100 Million Shares

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An announcement from Laneway Resources Ltd. ( (AU:SVG) ) is now available.

Savannah Goldfields Limited announced the application for the quotation of 100,623,618 fully paid ordinary securities on the Australian Securities Exchange (ASX), scheduled for issuance on February 11, 2025. This move is part of a previously announced transaction, which may enhance the company’s liquidity and market capitalization, potentially impacting its financial standing and investor perception positively by increasing its share availability.

More about Laneway Resources Ltd.

Savannah Goldfields Limited operates in the mining industry, focusing primarily on gold exploration and production. The company is engaged in exploiting gold resources and expanding its market presence within the precious metals sector.

YTD Price Performance: 15.00%

Average Trading Volume: 698,998

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$12.93M

See more insights into SVG stock on TipRanks’ Stock Analysis page.

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