SAVANNAH GOLDFIELDS LIMITED
ASX:SVGMaterialsRunway under 2 quarters; share count grew 698% in 24 months; 4 cash raises in 24 months
SAVANNAH GOLDFIELDS LIMITED's ordinary share count grew 697.5% between March 2024 and May 2026, to 2.24B shares. The company raised capital four times in that period for total disclosed proceeds of A$29.8M, most recently A$1.5M in May 2026. Options and rights on issue could convert into 638M new shares, equal to 28.4% of the current share count, with 0% in the money at the current share price and the nearest expiry in December 2026. At the March 2026 quarter the company reported A$3.4M in available cash, representing -0.9 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 18 May 2026 | 2A · quoted issue | ORDINARY FULLY PAID | 2.24B | Appendix 2A |
| 18 May 2026 | 3G · unquoted | ORDINARY FULLY PAID | 2.24B | Appendix 3G |
| 11 May 2026 | 2A · quoted issue | SVG : ORDINARY FULLY PAID | 2.24B | Appendix 2A |
| 11 Dec 2025 | 3G · unquoted | SVG : ORDINARY FULLY PAID | 2.14B | Appendix 3G |
| 26 Oct 2025 | 3G · unquoted | ORDINARY FULLY PAID | 2.14B | Appendix 3G |
Capital raises
4 cash raises in the last 24 months · 2 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.