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Savannah Goldfields Sets July Gold Production Restart with $9.1M Capital Boost
6:22am on Monday 2nd of June, 2025 AEST
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Mining
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Savannah Goldfields Sets July Gold Production Restart with $9.1M Capital Boost
6:22am on Monday 2nd of June, 2025 AEST
Key Points
Targeted gold production restart in July 2025 beginning with stockpiled ore processing
Approximately $9.1 million raised through placements, entitlement offers, and convertible notes
Convertible notes maturity extended to December 2026 with revised conversion terms
Exploration targets defined to expand mineral resource base across multiple projects
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Savannah Goldfields (ASX:SVG)
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