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Laneway Resources Ltd. ( (AU:SVG) ) has issued an announcement.
Savannah Goldfields Limited, listed on the Australian Securities Exchange under the ticker SVG, has requested a trading halt for its securities. This pause in trading is due to an anticipated announcement concerning a capital raising effort via a placement and an accelerated entitlement offer. The trading halt is expected to last until the company announces the results of these financial activities or until regular trading resumes on February 5, 2025. This move is strategically important for Savannah Goldfields as it seeks to bolster its financial position and could have implications for its market operations and stakeholder interests.
More about Laneway Resources Ltd.
YTD Price Performance: 0.0%
Average Trading Volume: 185,440
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$5.62M
See more insights into SVG stock on TipRanks’ Stock Analysis page.
