Laneway Resources Ltd. (AU:SVG) has released an update.
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Savannah Goldfields Ltd has announced key financial strategies to bolster its balance sheet, including extending debt maturities and planning a $6 million equity capital raising. The company is also exploring non-dilutive funding initiatives, such as selling interests in its Agate Creek and Georgetown projects, to support the restart of its mining operations. These measures aim to ensure the company’s growth and stability in the upcoming years.
For further insights into AU:SVG stock, check out TipRanks’ Stock Analysis page.