Deep Yellow Limited (ASX:DYL) A$40.8M Placement Successfully Completed
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to confirm that the placement announced on 18 February 2021 (Placement) has been successfully completed.
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to confirm that the placement announced on 18 February 2021 (Placement) has been successfully completed.
The Directors of Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) are pleased to announce that the Company has received commitments from qualified, institutional, sophisticated and professional investors to raise approximately A$40.8M.
Deep Yellow is pleased to advise that follow-up drilling at the Barking Gecko prospect resumed in February, post the Christmas break, and has returned highly encouraging results from the latest two holes drilled.
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce the commencement of the Tumas 3 Reverse Circulation (RC) infill drilling program, located on EPL3496.
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce the completion of the Tumas Pre-Feasibility Study (PFS).
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce that the Company has been named in the 2021 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market In 2020.
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) completed the second phase of the September/October RC drilling program at the Tumas 3 deposit, located on EPL3496 in October. The project is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN).