Perth, April 7, 2017 AEST (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) will be presenting the attached presentation to investors this week following the recent announcement of the landmark farm-in by Japan Oil, Gas and Metals National Corporation (JOGMEC) to the Nova Joint Venture in Namibia.

Overview

- New management & core team in place

o Revitalised investor base with greater international interest

o Key alliance with Sprott Group to support the company's growth ambitions

- Major strategic review of company completed

o Share consolidation completed - share base now more conducive for growth

o Conditions right to deliver shareholder growth through contrarian acquisitions

- New direction and impetus for existing Namibian projects

o Targeting a major discovery of a Rossing or Langer Heinrich style deposit

o Highly significant new JV agreement with Japanese partner JOGMEC

- Deep Yellow differentiated from all other mid-sized U companies

o Unrivalled "A to Z" uranium knowledge and proven sector experience

o Strong support from JV partners and investors for accretive growth strategy

A unique and successful track record of building and developing a multi-mine uranium producer from the beginnings as a small explorer

Vision for Growth

- Deep Yellow has a clear, dual strategy running in parallel

o Focus on increasing the value of existing exploration projects in Namibia

o Build a future multi-project global uranium platform through accretive acquisitions

- Extract full value from the potential that exists in Namibia

o Multiple opportunities for discoveries and resource upside within existing tenements

o Premier uranium mining jurisdiction with transparent regulatory framework

- Develop a global pipeline with growth and optionality

o Current assets span early stage discovery and resource expansion opportunities

o Objective is to develop a project pipeline with multiple, phased development options

- Create a genuine independent alternative supplier for utilities

o Maintain a register of supportive, long-term investors that share our vision

o Partner with high calibre organisations where value can be created for both sides

o A core team that has "been there, done that" across the uranium project life cycle

o Give utilities confidence in the ability to be a dependable uranium supplier of choice

World Class Team

- New Management team led by Managing Director John Borshoff

o Took Paladin Energy from a small explorer into the only independent, multi-mine producer in the last uranium cycle

o Possesses the necessary leadership and capability to succeed in an increasingly complex technical environment from exploration / resource development / design to uranium mining and product marketing - an "A to Z" expertise - unique amongst non-producers

o Core team is already in place with the intention to scale-up in line with activities

o Utilisation of a deep and established global uranium and nuclear industry network

Key technical achievements include

- Successful exploration, construction and production developing two modern, conventional uranium mines and establishing an extensive global project portfolio

- A high degree of innovation, including utilising first modern applications of alkaline leach extraction and resin-in-pulp extraction processes

To view the presentation, please visit:
http://abnnewswire.net/lnk/06R32P25


About Deep Yellow Limited

Deep Yellow Limited ASX DYLDeep 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.

  


Contact

John Borshoff
Managing Director/CEO
T: +61-8-9286-6999
F: +61-8-9286-6969
Email: john.borshoff@deepyellow.com.au
www.deepyellow.com.au



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