Deep Yellow Ltd. refers to its recently announced capital raising and is pleased to advise that, in addition to the successful $9 million placement , the Company's Share Purchase Plan has closed with subscriptions for 5,411,985 ordinary shares raising a further $1,677,700. Under the terms of the SPP, the Board reserved the right to place any shares not subscribed for by eligible shareholders to qualified investors as a [...]
Deep Yellow Ltd. reminds shareholders, following a number of enquiries, that the Company's Share Purchase Plan is due to close this Friday 28 June 2019, in accordance with the timetable below. Date: 5.00pm Perth time, 3 June 2019 Event: Record Date Description: Date on which the Company determined the eligible shareholders Date: 7 June 2019 Event: Despatch SPP, Offer Document Description: Offer materials dispatched to [...]
Deep Yellow Ltd. is pleased to announce that further to the announcement on 4 June 2019, settlement of the $9 million placement has taken place. The Placement was very well received, with demand exceeding the funds the Company sought to raise through the Placement. The Company has received the subscription funds from a select number of quality investors who participated in the Placement. Accordingly, DYL has today issued [...]
Deep Yellow Ltd. provides the latest Company's presentation. Key Takeaways New Strategy is Delivering Results 1. Positioning for the inevitable uranium upturn - Clear strategy for growth and delivering on stated objectives. - Recently upgraded to OTCQX trading platform expanding shareholder footprint. - Well funded 2. Growth strategy - Establish a global uranium platform. - Grow uranium resource base on Namibian projects [...]
The Directors of Deep Yellow Ltd. ABN 97 006 391 948 are pleased to announce that the Company has received commitments from qualified, institutional, sophisticated and professional investors to raise approximately $9 million through the issue of 29,032,258 fully paid ordinary shares in the Company at an issue price of $0.31 per Share . The Placement was very well received, with demand exceeding the funds the Company [...]
Deep Yellow Ltd. is pleased to advise it has appointed New York-based investor relations firm, Columbus Circle Corporate Relations to represent the Company in North America. CCC has a combined experience of more than 50 years in this line of business and has strong ties to the investment, banking and media sectors internationally. It specialises in acting on behalf of Australian mining companies seeking to expand investor [...]
In March Deep Yellow Ltd. announced an updated Mineral Resource Estimate for Tumas 1&2, Tumas 1 East and Tumas 3 West which has resulted in the combined Measured, Indicated and Inferred Mineral Resource Estimate over these deposits increasing to 67.4Mlb grading 352ppm eU3O8. HIGHLIGHTS REPTILE PROJECT - Resource estimate update from infill drilling at Tumas 1&2, Tumas 1 East and Tumas 3 West produced a 51% increase of the [...]
Deep Yellow Ltd. is pleased to advise that Japan Oil, Gas and Metals National Corporation , who are sole funding the Nova Joint Venture in Namibia, have approved a program and budget of $1.05M over the next 12 months for the period ending 31 March 2020. The Nova JV, covering EPLs 3669 and 3667, is held in the corporate entity Nova Energy Pty Ltd in which Reptile Mineral Resources and Exploration Ltd holds 65% , Nova [...]
Deep Yellow Ltd. is pleased to report encouraging drilling results on EPL3497 where new continuous mineralisation has been identified in the Tumas 1 East palaeochannel area along Tributary 5. Drilling also delineated continuous uranium mineralisation on EPL3496 in the Tumas Central area to the west of Tumas 3. This EPLs are held by Reptile Uranium Namibia Ltd , part of the group of companies wholly owned by Deep Yellow [...]
Deep Yellow Ltd. is pleased to announce an updated Mineral Resource Estimate for the Tumas 1, 2 and 3 deposits which, at a 200ppm eU3O8 cut-off now contains 67.4Mlb of Measured, Indicated and Inferred Mineral Resources at 352ppm eU3O8. This represents an increase of 51% from the MRE announced to the ASX on 11 July 2018. These deposits occur on EPLs 3496 and 3497, held by the Deep Yellow wholly-owned subsidiary, Reptile [...]
The Directors of Deep Yellow Ltd. submit herewith the financial report of the Company and its subsidiaries for the half-year ended 31 December 2018. Activities for the 6-month period to 31 December 2018 continued to concentrate on the Company's Namibian projects with the following focus: - Enhancing the uranium resource base over the Reptile Project with the objective of achieving an exploration target of 100Mlb to 150Mlb [...]
Deep Yellow Ltd. advises that the final 3,000m leg of the 12,000m FY19 RC drilling program commenced 4 March 2019 on the Reptile Project within EPLs 3496 and 3497 and held by its wholly-owned subsidiary Reptile Uranium Namibia Ltd as shown in Figure 1 . The drilling has a two-fold focus: - Follow-up resource drilling to test for resource upgrade of other specific uranium rich tributaries identified in the area east of [...]
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