Deep Yellow Limited Stock Market Press Releases and Company Profile
Corporate Update Presentation
Corporate Update Presentation

Perth, Oct 23, 2020 AEST (ABN Newswire) - Deep Yellow Limited (googlechartASX:DYL) (googlechartJMI:FRA) (googlechartDYLLF:OTCMKTS) provides the Corporate Update Presentation that was presented live by John Borshoff, Managing Director/CEO at the OTC Global Metals & Mining Virtual Investor Conference on 22 October 2020. Deep Yellow is listed on the OTC QX Exchange (code DYLLF).

Key Achievements Over Past 12 Months

- Resources expanded at the Reptile project

- Tumas Project PFS near completion

- JOGMEC (Japanese entity) completed $4.5M earn-in at adjacent Nova JV project. Highly prospective target to be advanced

- Targeted M&A activity continuing - advanced opportunities identified

- Strong capital position A$11M Sept 2020

Key Ingredients Remain for Execution of Dual Growth Strategy

- Uranium industry in an extended downturn and under financial pressure

- Fundamental supply/demand disconnect in the market post 2023

- Key majors focused on either divesting assets or exiting sector

- Sector consolidation essential during general investor disinterest

To view the presentation, please visit:
https://abnnewswire.net/lnk/I21EH923


About Deep Yellow Limited

Deep Yellow Limited ASX DYLDeep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) is successfully progressing a dual-pillar growth strategy to establish a globally diversified, Tier-1 uranium company to produce 10+Mlb p.a. 

The Company's portfolio contains the largest uranium resource base of any ASX-listed company and its projects provide geographic and development diversity. Deep Yellow is the only ASX company with two advanced projects - flagship Tumas, Namibia (Final Investment Decision expected in 1H/CY24) and MRP, Western Australia (advancing through revised DFS), both located in Tier-1 uranium jurisdictions. 

Deep Yellow is well-positioned for further growth through development of its highly prospective exploration portfolio - ARP, 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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Contact

John Borshoff
Managing Director/CEO
T: +61-8-9286-6999
Email: john.borshoff@deepyellow.com.au
www.deepyellow.com.au



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