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Savannah Goldfields Unveils $15M Equity Raise with Free Options – What’s Next?
1:11am on Saturday 30th of August, 2025 AEST
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Savannah Goldfields Unveils $15M Equity Raise with Free Options – What’s Next?
1:11am on Saturday 30th of August, 2025 AEST
Key Points
Placement of 274.5 million new shares at $0.015 each raising $4.1 million
Conditional placement of up to 725.5 million shares raising $10.9 million, pending shareholder approval
Up to 500 million free attaching options exercisable at $0.03 expiring December 2026
Funds allocated to environmental bonds, project costs, exploration, loan repayment, and working capital
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Savannah Goldfields (ASX:SVG)
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