Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Laneway Resources Ltd. ( (AU:SVG) ) has shared an announcement.
Savannah Goldfields Limited has announced a fundraising initiative to raise approximately $9.91 million through the issuance of new shares. This includes a fully underwritten placement of 79 million shares and a pro rata accelerated non-renounceable offer to current shareholders, with an additional placement to institutional investors pending shareholder approval. The move is expected to strengthen the company’s financial position and enhance its market operations. Existing shareholders are encouraged to participate, although option holders must exercise their options before the record date to be eligible.
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
For a thorough assessment of SVG stock, go to TipRanks’ Stock Analysis page.
