Deep Yellow Board and Executive Appointments
Perth, Aug 5, 2022 AEST (ABN Newswire) - Deep Yellow Limited (
ASX:DYL) (JMI:FRA) (DYLLF:OTCMKTS) is pleased to confirm the following appointments to the Company effective from 4 August 2022:
- Steven Michael (Executive Director);
- Wayne Bramwell (Non-Executive Director); and
- Anthony Chamberlain (member of the executive team).
Steven Michael, Wayne Bramwell and Anthony Chamberlain join the Company from the board of Vimy Resources Limited (Vimy), following implementation of the scheme of arrangement between Vimy and Vimy's shareholders on 4 August 2022.
Steven Michael is joining as Executive Director with a focus on Australian operations, and he will initially be responsible for the full integration of the Vimy business and employees, including focusing on relationships with key stakeholders.
About Deep Yellow Limited
Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) is successfully progressing a dual-pillar growth strategy to establish a globally diversified, leading uranium company producing 10+ Mlb pa. The Company's portfolio consists of two advanced projects in Tier-1 uranium mining jurisdictions - flagship Tumas in Namibia and Mulga Rock, Western Australia.
Deep Yellow's future growth is underpinned by its highly prospective exploration portfolio - Alligator River, Northern Territory and Omahola, Namibia with ongoing M&A focused on high quality assets should opportunities arise that best fit the Company's strategy. Led by a best-in-class team, who are proven uranium mine builders and operators, the Company is advancing its growth strategy at a time when the need for nuclear energy is becoming the only viable option in the mid-to-long-term to provide baseload power supply and achieve zero emission targets. Importantly, Deep Yellow is on track to becoming a reliable and long-term uranium producer, able to provide production optionality, security of supply and geographic diversity.
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