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Laneway Resources Ltd. ( (AU:SVG) ) has shared an announcement.
Savannah Goldfields Limited has announced the issuance of unquoted equity securities, including convertible notes and options, as part of a previously announced transaction. This move involves a significant number of securities, which are not intended to be quoted on the ASX, indicating a strategic financial maneuver to potentially enhance the company’s operational capabilities and market positioning.
The most recent analyst rating on (AU:SVG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Laneway Resources Ltd. stock, see the AU:SVG Stock Forecast page.
More about Laneway Resources Ltd.
Average Trading Volume: 9,296,418
Technical Sentiment Signal: Sell
Current Market Cap: A$36.41M
For a thorough assessment of SVG stock, go to TipRanks’ Stock Analysis page.