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Savannah Goldfields Secures $2.69M in Placement and Institutional Entitlement Offer

10:05am on Wednesday 5th of February, 2025 AEDT Mining
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Savannah Goldfields Secures $2.69M in Placement and Institutional Entitlement Offer

10:05am on Wednesday 5th of February, 2025 AEDT
Key Points
  • Placement of 79 million shares to cornerstone investor raises $1.19 million
  • Institutional entitlement offer raises approximately $1.5 million
  • Retail entitlement offer opens February 10, targeting $2.7 million
  • Overall capital raising aims to secure $14 million for operations and growth
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