Deep Yellow Limited (ASX:DYL
) (DYL) is pleased to announce that it has signed a Strategic Alliance Deed with an affiliate of the Sprott Group (Sprott). Sprott also retains the rights, while it holds a minimum 10% equity in DYL, to bid to place or find subscribers for future financial raisings. This further cements the general character of the strategic alliance which DYL regards as an important relationship moving forward appreciating the capacity the Sprott Group has to support companies working in the resource sector.
About Deep Yellow Limited
Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) is a specialist uranium company implementing a new strategy to grow shareholder wealth. This strategy is founded upon growing the existing uranium resources across the Company's uranium projects in Namibia and the pursuit of accretive, counter-cyclical acquisitions to build a geographically diverse asset portfolio.
In parallel to its expansion objectives, the Company has a cornerstone suite of projects in Namibia, a top-ranked African mining destination with a long, well regarded history of safely and effectively developing and regulating its considerable uranium mining industry.
Deep Yellow Limited (ASX:DYL) Successful Extension Drilling Completed at Tumas 3
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Deep Yellow Limited (ASX:DYL) Quarterly Activities Report for the Period Ending 30 September 2017
Deep Yellow Limited (ASX:DYL) Scout Drilling Identifies New Mineralised Palaeochannel on Nova JV Project
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Deep Yellow Limited (ASX:DYL) New Uranium Discovery Confirmed at Tumas 3, Namibia
Deep Yellow Limited