Entitlement Offer to raise up to A$15M
Filed with ASX · · 4 pages · English
Summary by 6ix AI
Deep Yellow Limited has announced a non-renounceable entitlement offer to raise funds, with eligible shareholders able to subscribe for new shares at a specified price based on their current holdings. The funds raised will be used for further exploration activities in Namibia, potential acquisitions, and general working capital. The offer is supported by the Sprott Group of Companies, which has committed to take up its entitlement and assist with any shortfall. A prospectus detailing the offer and timetable will be sent to shareholders shortly.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Deep Yellow
- Strategic alliance-sprott
- Appendix 5B - March Quarter Cashflow
- March Quarter Activities Report
- Positive Drill Results from New Target
- Nova Joint Venture Namibia A$4.5m Earn In By Jogmec
Later from Deep Yellow
- Entitlement Issue Prospectus to raise up to A$15M
- Entitlement Issue Supplementary Prospectus
- New Uranium Discovery Confirmed at Tumas 3, Namibia
- $15M Entitlement Offer Closes - Shortfall Fully Subscribed
- Response to ASX Price Query
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