Share Purchase Plan Heavily Oversubscribed
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Deep Yellow Limited has announced that its Share Purchase Plan was heavily oversubscribed, receiving applications for significantly more shares than were available, leading to a pro-rata scale-back of allocations. The plan offered a limited number of shares at a set price, but the total applications exceeded the maximum amount, resulting in eligible shareholders receiving a fraction of their requested shares. The company will issue the shares on a specified date, and any excess funds from the scale-back will be refunded to applicants.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Deep Yellow
- A$40.8M Placement Successfully Completed
- Successful Placement of $40.8M to Fund Future Growth
- Nova JV - Barking Gecko Drilling Update
- Infill Drilling Supporting DFS Commences at Tumas
- Deep Yellow Proceeding with Tumas DFS Following Positive PFS
Later from Deep Yellow
- Corporate Update - Sprott Capital Uranium Conference
- Nova JV - Successful Drilling Results at Barking Gecko
- Appendix 5B - March 2021 Quarterly Cashflow
- Positive Resource-Upgrade Drilling Results for DFS
- Deep Yellow Appoints New Chairman for Next Phase of Growth
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