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Savannah Goldfields Director Increases Stake Through Share Placement

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Savannah Goldfields Director Increases Stake Through Share Placement

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Laneway Resources Ltd. ( (AU:SVG) ) has provided an update.

Savannah Goldfields Limited has announced a change in the director’s interest notice for Mark Baker. The changes involve the acquisition of 1,866,667 ordinary shares and 933,333 listed options, increasing his holdings significantly. This acquisition was part of a share placement approved by shareholders, indicating strategic financial maneuvers to potentially strengthen the company’s capital structure.

More about Laneway Resources Ltd.

Average Trading Volume: 8,528,002

Technical Sentiment Signal: Sell

Current Market Cap: A$49.26M

Find detailed analytics on SVG stock on TipRanks’ Stock Analysis page.

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