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DEEP YELLOW LIMITED — Capital/Financing Update 2012
Apr 10, 2012
64808_rns_2012-04-10_20b43064-8c69-484d-a2ef-35afe8c4eef4.pdf
Capital/Financing Update
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ASX Announcement
ASX: DYL
11 April 2012
APPOINTMENT OF AIM ADVISORS
Advanced stage uranium explorer Deep Yellow Limited (”Deep Yellow” or the “Company”) is pleased to announce a strategy to capitalise on substantial UK and European investor interest in the Company’s uranium assets by considering admission to the AIM Market of the London Stock Exchange (“AIM”).
In pursuit of this strategy, Deep Yellow has appointed RFC Corporate Finance Limited (“RFC”) as the Company’s Nominated Adviser (“Nomad”) and Ambrian Partners Limited (“Ambrian”) as its broker in relation to a proposed admission to the AIM.
The proposed listing on AIM will enhance Deep Yellow’s profile in UK and European capital markets and will broaden the range of global institutional investors that can invest in the Company. These institutional investors have an appetite both for African projects and for exposure to the uranium sector. The improved access to global sources of capital and exposure to coverage by industry research analysts will benefit the Company as it seeks to continue the development of its flagship Omahola Project in Namibia.
RFC’s holding company RFC Group Limited has recently acquired Ambrian bringing together two of the largest AIM advisory firms in the basic material sector. The firms operate from offices in London, Sydney and Perth and, on a combined basis, are the number one adviser to AIM basic material sector clients by number.
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About Deep Yellow Limited
Deep Yellow Limited is an ASX-listed, advanced stage uranium exploration company with extensive operations in the southern African nation of Namibia and in Australia. It also has a listing on the Namibian Stock Exchange.
Deep Yellow’s primary focus is in Namibia where its operations are conducted by its 100% owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN). Its flagship is the Omahola Project currently under Pre-Feasibility Study with concurrent resource drill-outs on the high grade Ongolo Alaskite – MS7 trend. It is also evaluating a stand-alone project for its Tubas-TRS uranium deposit utilising physical beneficiation techniques it successfully tested in 2011.
In Australia the Company owns the Napperby Uranium Project and numerous exploration tenements in the Northern Territory and in the Mount Isa District in Queensland.
Level 1, 329 Hay Street, Subiaco, WA 6008 / PO Box 1770, Subiaco, WA 6904 Tel : 61 8 9286 6999 / Fax : 61 8 9286 6969 / ABN 97 006 391 948 Email: [email protected] / Website: www.deepyellow.com.au
Appointment of AIM Advisors
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For further information regarding this announcement, contact:
Greg Cochran Managing Director RFC Corporate Finance Limited Stephen Allen / Oliver Morse Ambrian Partners Limited John Harrison / Caspar Shand Kydd Media Annette Ellis / Greg Galton
Phone: +61 8 9286 6999 Email: [email protected]
Phone: +61 8 9480 2500
Phone: +44 207 634 4700
Phone: +61 8 6314 6302 Email: [email protected] [email protected]
For further information on the Company and its projects - visit the website at www.deepyellow.com.au
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