Deep Yellow raises N$1.7bn for Namibia Tumas Project development

Home Uncategorized Deep Yellow raises N$1.7bn for Namibia Tumas Project development

Australian uranium developer Deep Yellow Limited has successfully raised approximately N$1.7 billion (A$140.5 million) through the first tranche of its placement. The placement, announced on 11 March 2024, involved issuing 114,706,334 ordinary shares at A$1.225 (N$15.13) per share to institutional and qualified investors. Deep Yellow’s Managing Director & CEO, John Borshoff, expressed satisfaction with the […]
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