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Savannah Goldfields Initiates Trading Halt for Capital Raising Announcement

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Savannah Goldfields Initiates Trading Halt for Capital Raising Announcement

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Laneway Resources Ltd. ( (AU:SVG) ) has shared an announcement.

Savannah Goldfields Limited, operating under the ticker SVG on the ASX, has announced a trading halt pending a forthcoming announcement regarding a proposed capital raising. This trading halt is expected to last until February 3, 2025, or until the company releases the pertinent announcement, signifying a potential strategic financial maneuver to bolster its operations.

More about Laneway Resources Ltd.

YTD Price Performance: -15.00%

Average Trading Volume: 182,358

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$4.78M

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

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