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Savannah Goldfields Initiates Trading Halt for Capital Raising Announcement

Story Highlights
  • Savannah Goldfields requests a trading halt pending a capital raising announcement.
  • The trading halt will last until the announcement or until trading resumes on 27 August 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Savannah Goldfields Initiates Trading Halt for Capital Raising Announcement

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The latest announcement is out from Laneway Resources Ltd. ( (AU:SVG) ).

Savannah Goldfields Limited, a company listed on the Australian Securities Exchange, has requested a trading halt on its securities. This halt is pending an announcement regarding a capital raising through a placement, which is expected to impact the company’s financial operations and market positioning. The trading halt will remain until the announcement is made or until trading resumes on 27 August 2025.

More about Laneway Resources Ltd.

Average Trading Volume: 1,213,419

Technical Sentiment Signal: Hold

Current Market Cap: A$17.12M

Learn more about SVG stock on TipRanks’ Stock Analysis page.

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