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).
Source: mining-technology.com
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Monsters of Rock: Uranium steals the headlines with eye-catching $658m merger and a major mine restart
Monsters of Rock: Uranium steals the headlines with eye-catching $658m merger and a major mine restart
Source: stockhead.com.au
Deep Yellow Limited (ASX:DYL) and Vimy Resources Limited (ASX:VMY) Agree to a Proposed $658M Merger
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.
Source: abnnewswire.net
New $658m uranium major emerges as Deep Yellow ties the knot with Vimy Resources
Knocked back in November, merged in March — advanced uranium plays Deep Yellow (ASX: DYL) and Vimy Resources (ASX: VMY) have at last found common ground in a merger of their Australian and Namibia projects in a deal that creates a $658 million operation.
Source: smallcaps.com.au
Australian uranium companies announce merger plans : Uranium & Fuel
Australian uranium companies Deep Yellow and Vimy Resources have agreed to a merger by a Scheme of Arrangement, under which Deep Yellow will acquire 100% of Vimy's shares. The merger will bring together the two companies' complementary asset bases including the Mulga Rock uranium project in Western Australia and the Tumas project in Namibia.
Source: world-nuclear-news.org