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Deep Yellow to raise N$2.7bn for Tumas project in Namibia
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Deep Yellow to raise N$2.7bn for Tumas project in Namibia

Uranium developer Deep Yellow has secured binding commitments to raise N$2.7 billion through a placement to develop its Tumas Project in Namibia. The Australia-based uranium developer Managing Director and CEO John Borshoff said the placement will see the issuance of 179,591,836 fully paid ordinary shares at A$1.225 (N$15.13) a piece. “We are very pleased with...