Subiaco-based Deep Yellow Ltd has agreed to acquire 100 per cent of the uranium rights to Dominion Mining Ltd subsidiary Dominion Gold Pty Ltd's Western Gawler tenements in South Australia.
Shares in Deep Yellow Ltd commenced trading this morning, further adding to confusion surrounding the company which yesterday afternoon told its shareholders they may have to wait two months before the suspension was lifted.
The past three weeks have been a testing time for local uranium junior Deep Yellow as it comes to grips with a drilling assay discrepancy that has left investors questioning the strength of its principal Napperby site in the Northern Territory.
Wounded uranium junior Deep Yellow told a lively annual general meeting in West Perth today that a trading suspension on the company's shares was unlikely to be lifted for at least two months.
Deep Yellow Ltd, one of Western Australia's uranium hopefuls, aims to have the results of more lab tests on Monday following bad news earlier this week.
Shares in Subiaco-based uranium hopeful Deep Yellow Ltd were suspended from ASX trading yesterday after new test results on its Napperby site in the Northern Territory indicated a much reduced deposit.
COLLAPSED miner Deep Yellow appears to be back in business with corporate reconstruction specialists Ascent Capital entering into a deed of company arrangement with its administra
Australian Cancer Technology Limited, Vulcan Resources Limited and Deep Yellow Limited (formerly Julia Corporation Limited) are now all at: Ground Floor, 1 Havelock Street, West Per
