CAPITAL MARKETS

Big pay-day for Ascent

SELF-proclaimed recapitalisation specialists Ascent Capital and companies associated with its three directors have sold significant stakes in Deep Yellow, a failed gold miner that Ascent resurrected late last year into an emerging player in the booming uranium sector.

Jesse Riseborough
Big pay-day for Ascent

Ascent and entities related to its directors, Gary Steinepreis (currently a director of Deep Yellow), Hugh Warner and David Steinepreis (both former directors of Deep Yellow), off-loaded more than 29 million...

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