Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) and Vimy Resources Limited (ASX:VMY) (OTCMKTS:VMRSF) are pleased to announce that they have entered into a Scheme Implementation Deed, under which the two companies propose to merge by way of a recommended court-approved scheme of arrangement between Vimy and its shareholders.
Deep Yellow Limited s (ASX:DYL) (OTCMKTS:DYLLF) Activities for the six-month period to 31 December 2021 involved continuing the advancement of the Tumas Definitive Feasibility Study together with the Company s Namibian exploration projects, and continued M&A efforts.