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Savannah Goldfields Unveils Convertible Notes Issuance

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Savannah Goldfields Unveils Convertible Notes Issuance

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Laneway Resources Ltd. ( (AU:SVG) ) just unveiled an announcement.

Savannah Goldfields Limited has announced the issuance of 3,069,401 unquoted convertible notes maturing on September 30, 2025. This issuance, previously detailed in an earlier transaction, is not intended to be quoted on the ASX and highlights the company’s strategic financial maneuvers, potentially impacting its liquidity and capital structure.

More about Laneway Resources Ltd.

YTD Price Performance: 15.00%

Average Trading Volume: 617,994

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$12.93M

For detailed information about SVG stock, go to TipRanks’ Stock Analysis page.

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