Deep Yellow Ltd. is pleased to announce the appointment of Nedbank Limited , as the Mandated Lead Arranger and Bookrunner to co-ordinate and arrange the project financing for the Company's flagship Tumas Project in Namibia. HIGHLIGHTS - Deep Yellow has appointed Nedbank Limited as Mandated Lead Arranger and Sole Bookrunner to coordinate the project [...]
Deep Yellow Ltd. is pleased to announce that Ausenco Services Pty Ltd has been selected as the preferred contractor to deliver the Detailed Engineering and the Engineering, Procurement and Construction Management services for the Company's flagship Tumas Project located in Namibia. HIGHLIGHTS - Ausenco Services Pty Ltd selected as the preferred [...]
Deep Yellow Ltd. is pleased to confirm that following receipt of shareholder approval at the general meeting held on 30 April 2024, Tranche 2 of the Placement announced on 11 March 2024 has been successfully completed. Accordingly, the Company has today issued 64,738,565 ordinary fully paid shares to qualified, institutional, sophisticated and [...]
Deep Yellow Ltd. is pleased to provide a summary of key activities completed in the March 2024 quarter. HIGHLIGHTS TUMAS PROJECT - 650-hole resource upgrade program commenced in late February 2024 at Tumas 3 o Primary objective to define 6 years of proven reserves for detailed mine scheduling o An associated diamond drilling program will provide [...]
Deep Yellow Ltd. is pleased to confirm that Tranche 1 of the Placement announced on 11 March 2024 has been successfully completed. Accordingly, the Company has today issued 114,706,334 ordinary fully paid shares to qualified, institutional, sophisticated and professional investors at A$1.225 per Share to raise approximately A$140.5M . Commenting on [...]
Deep Yellow Ltd. is a differentiated, advanced uranium exploration company, in pre-development phase, implementing a dual strategy to position the Company to become globally significant as a uranium producer while growing shareholder wealth. A Definitive Feasibility Study was completed in January 2023 on its Tumas Project in Namibia with a [...]
Global uranium developer Deep Yellow Ltd. is pleased to announce that the Company has received binding commitments to raise A$220M through the issue of 179,591,836 fully paid ordinary shares at an issue price of A$1.225 per Share . The Placement will be undertaken in two tranches, with the second tranche subject to shareholder approval. In [...]
Uranium developer Deep Yellow Ltd. is pleased to announce an updated Mineral Resource Estimate for the Ambassador and Princess deposits, which form part of its 100%-owned Mulga Rock Project located in Western Australia's eastern goldfields. The MRP comprises the Mulga Rock East deposits and Mulga Rock West deposits . HIGHLIGHTS Total contained [...]
Deep Yellow Ltd. is pleased to announce it has issued its 2023 Sustainability Report for the financial year ending 30 June 2023. This is the fourth Sustainability Report issued by the Company and the first one to be prepared in accordance with the Global Reporting Initiative Standards including the GRI Sector Standard for Mining exposure draft. The [...]
Leading uranium developer Deep Yellow Ltd. is pleased to announce an ore reserve upgrade drilling program is scheduled to commence at the Tumas 3 deposit on 21 February 2024. Tumas 3 is located in EPL3496 in Namibia and the deposit is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia Ltd . The program will comprise RC [...]
Deep Yellow Ltd. is pleased to provide a summary of key activities completed in the December 2023 quarter. TUMAS PROJECT - Namibian Ministry of Mines and Energy issued Mining Licence 237 o Valid for 20 years from date of issue and allows Deep Yellow to progress towards production, establishing Tumas as the 4th uranium mine in Namibia - Tumas 3 [...]
Deep Yellow Ltd. advises that the follow-up drill program at its Barking Gecko prospect on EPL3669 started on 22 September 2023 and was completed on 10 November 2023. HIGHLIGHTS - Follow-up RC drill program involving eight holes totalling 1,558m completed at Barking Gecko North - Best intersections included: o TN294RC - 9m at 382ppm eU3O8 from 203m [...]