Deep Yellow in Discussions with Multiple Parties to Advance Its Project Acquisition Growth Strategy

Deep Yellow is eager to take advantage of the uranium downturn to buy lbs. cheap. Management has hinted that an acquisition would transform the company into a ‘globally diversified uranium platform,’ which suggests management may be in talks with advanced explorers and early developers outside of Namibia.* Wording in recent press releases may also be construed to indicate that a strategic acquisition is imminent.

*Strategy for Growth

Establish through selective sector consolidation a multi-project, global uranium platform with a project pipeline eventually supporting 5-10Mlb annual low cost production with multi-mine capability.

Press Release: Placement and SPP to Fund Growth Strategy

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