Deep Yellow Limited: Investor Presentation May 2017

Perth - Deep Yellow Ltd. (ASX:DYL) (OTCMKTS:DYLLF) is pleased to provide the Company's latest Investor Presentation which also includes reference to recently announced positive drilling results from Deep Yellow's 100% owned Namibian Project.

Overview

New management & core team in place

- Revitalised investor base with greater international interest
- Key alliance with the Sprott Group to support the Deep Yellow's growth

Strategic review completed and A$15M capital raising initiated

- Rights issue to raise $15M on a 7 for 15 basis with free attached option
- Conditions right to deliver shareholder growth through contrarian acquisitions

New direction and impetus for existing Namibian projects

- Targeting a major discovery of a Rossing or Langer Heinrich style deposit
- Highly significant new JV agreement with Japanese partner JOGMEC

Deep Yellow differentiated from all other mid-sized U companies

- Unrivalled "A to Z" uranium knowledge and proven sector experience
- Strong support from JV partners and investors for accretive growth strategy

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

Value Creation Strategy

Imagine the scene in 2020:

- The global nuclear fleet continues to grow
- Reality of severe uranium shortage comes to fruition
- Once shortage sets in, prices will move significantly higher than the base incentive price
- Supply sector serviced by a diminished producer base - note difficulties experienced by majors at Husab, Imouraren, Mkuju, Rossing and Ranger
- Post-Fukushima, all uranium players have been forced into survival mode, causing structural limitations to the sector and stifling the possibility of a timely supply response
- Single project companies have not developed any significant new projects - there is a lack of shovel ready assets and teams with the proven expertise to develop new projects

In this context:

- A company that anticipates the current situation starting to position itself during 2017
- Perfect opportunity to create exceptional shareholder value by consolidating assets under a vehicle run by a high quality management team when prices are at cyclical lows
- Significant value can also be created through exploration and drilling by making new discoveries to build an organic resource base
- There is a limited window of opportunity in which to act

Vision for Growth

Deep Yellow has a clear, dual strategy running in parallel

- Focus on increasing the value of existing exploration projects in Namibia
- Build a future multi-project global uranium platform through accretive acquisitions

Extract full value from the potential that exists in Namibia

- Multiple opportunities for discoveries and resource upside within existing tenements
- Premier uranium mining jurisdiction with transparent regulatory framework

Develop a global pipeline with growth and optionality

- Current assets span early stage discovery and resource expansion opportunities
- Objective is to develop a project pipeline with multiple, phased development options

Create a genuine independent alternative supplier for utilities

- Maintain a register of supportive, long-term investors that share our vision
- Partner with high calibre organisations where value can be created for both sides
- A core team that has "been there, done that" across the uranium project life cycle
- Give utilities confidence in the ability to be a dependable uranium supplier of choice

What Differentiates the New Deep Yellow?

- The typical emerging uranium player - single project, promoter driven, unproven management and "struck in the groove"

o Generally, years away from production possibilities
o History tells us any new, large, high-grade Canadian discoveries will potentially suffer 10-15+ year delays due to severe permitting/regulatory constraints

- Deep Yellow is looking beyond this narrow band approach

o To create a sizeable uranium platform to support annual production 5 - 10Mlb
o Establish diversification across attractive geographies on projects with low technical risk - conventional open pit and ISR potential

- Unique prerequisites to execute on its consolidation strategy

o Once-in-a-cycle opportunity and Deep Yellow can be a partner of preference
o Low spot prices, capital shortage and availability of good assets

- Quality management team able to execute plan

o Credibility of a core team that launched two new mines in the last 15 years
o Ability to use advanced technologies to exploit low grade deposits and turn these into first quartile cash cost operations

To view the full presentation, please visit:
http://abnnewswire.net/lnk/11SUI3ZM


About Deep Yellow Limited:

Deep Yellow Ltd. (ASX:DYL) (OTCMKTS:DYLLF) is an ASX-listed, Namibian-focussed advanced stage uranium exploration company. It also has a listing on the Namibian Stock Exchange (NSX.DYL). Deep Yellow's operations in Namibia are conducted by its 100% owned subsidiary Reptile Uranium Namibia (Pty) Ltd.

The Company recently completed metallurgical testwork and is evaluating fast track development options for its Tumas Project which consists of surficial calcrete palaeochannel deposits which are amenable to physical beneficiation and upgrading techniques.

Deep Yellow also holds the Omahola Open Pit Alaskite Heap Leach Project on which value engineering studies are being conducted to supplement the recently completed preliminary economic analysis.



Contact:

Deep Yellow Ltd.
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