Up, Up, Down, Down: Which commodities won and lost in March?
Up, Up, Down, Down: Which commodities won and lost in March?
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Up, Up, Down, Down: Which commodities won and lost in March?
Deep Yellow Limited (OTCMKTS:DYLLF – Get Rating) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 238,600 shares, a drop of 33.1% from the February 28th total of 356,500 shares. Based on an average daily volume of 511,000 shares, the […]
Australia-based uranium explorer Deep Yellow has agreed to merge with rival Vimy Resources in an all-stock deal worth $492m (A$658m).
Monsters of Rock: Uranium steals the headlines with eye-catching $658m merger and a major mine restart
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.