Deep Yellow Limited (DYLLF) A$79.5m Tranche 2 Placement Successfully Completed
Press Releases2024-05-01
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Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to confirm that following receipt of shareholder approval at the general meeting held on 30 April 2024, Tranche 2 of the Placement announced on 11 March 2024 (Placement) has been successfully completed.
Accordingly, the Company has today issued 64,738,565 ordinary fully paid shares (Shares) to qualified, institutional, sophisticated and professional investors and 146,937 Shares to Directors who participated in the Placement, at A$1.225 per Share to raise approximately A$79.5M (before costs).
John Borshoff Managing Director/CEO T: +61-8-9286-6999 E: john.borshoff@deepyellow.com.au W: www.deepyellow.com.au Media: Cameron Gilenko T: +61-466-984-953 e: cgilenko@citadelmagnus.com
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