Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) and Vimy Resources Limited (ASX:VMY) (OTCMKTS:VMRSF) are pleased to announce that they have entered into a Scheme Implementation Deed, under which the two companies propose to merge by way of a recommended court-approved scheme of arrangement between Vimy and its shareholders.
Vimy Resources Limited (ASX:VMY) is a Perth-based resource development company. Vimy s primary focus is the development of the Mulga Rock Uranium Project, located about 240km northeast of Kalgoorlie in Western Australia. Mulga Rock is one of Australia s largest undeveloped uranium resources.
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