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DEEP YELLOW LIMITED Capital/Financing Update 2021

Feb 15, 2021

64808_rns_2021-02-15_2007e10d-40c1-44d1-8429-76eae93bdbd7.pdf

Capital/Financing Update

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Market Announcement

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16 February 2021

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Deep Yellow Limited (ASX: DYL) – Trading Halt

Description

The securities of Deep Yellow Limited (‘DYL’) will be placed in trading halt at the request of DYL, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 18 February 2021 or when the announcement is released to the market.

Issued by

Madeleine Green

Senior Adviser, Listings Compliance (Perth)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

16 February 2021 ASX Limited

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16 February 2021

The Manager ASX Compliance Pty Ltd Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

By email : [email protected]

Dear Sir/Madam

TRADING HALT REQUEST (ASX CODE: DYL)

In accordance with Listing Rule 17.1, Deep Yellow Limited (ASX Code: DYL) ( Deep Yellow ) requests that a trading halt be placed on its securities prior to the market opening on Tuesday, 16 February 2021.

In accordance with Listing Rule 17.1, Deep Yellow provides the following information:

  • (a) Deep Yellow is in the process of finalising arrangements in relation to a capital raising.

  • (b) Deep Yellow anticipates that the trading halt will be required until the earlier of the commencement of trading on 18 February 2021 or the release of an announcement by the Company regarding the capital raising.

  • (c) Deep Yellow is not aware of any reason why the trading halt should not be granted, nor of any other information relevant to this request.

Please contact us if you require further information.

Yours faithfully

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MARK PITTS Company Secretary Deep Yellow Limited

E [email protected] W www.deepyellow.com.au @deepyellowltd deep-yellow-limited

Unit 17, Spectrum Building, 100–104 Railway Road Subiaco, Western Australia 6008 PO Box 1770 Subiaco, Western Australia 6904 +61 8 9286 6999 ABN 97 006 391 948