Australian uranium firms Deep Yellow, Vimy sign $492m merger deal
Australia-based uranium explorer Deep Yellow has agreed to merge with rival Vimy Resources in an all-stock deal worth $492m (A$658m).
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Australia-based uranium explorer Deep Yellow has agreed to merge with rival Vimy Resources in an all-stock deal worth $492m (A$658m).
Russia's invasion has served to push up uranium prices on the basis of nuclear being a power alternative to Russian oil and gas. But the attack on an Ukrainian nuclear plant has sent a shudder
Listed uranium play Vimy is repricing its equity raise.
Vimy paused its raised as Russia’s attack on a Ukrainian nuclear power plant sent Uranium stocks tumbling.
Protesters gathered on November 26 to oppose Vimy Resources' proposal to mine uranium at Mulga Rock, reports Sam Wainwright.