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Vimy concedes to new Deep Yellow uranium merger deal

Agreement comes after last year's rejection

Michael Quinn
Vimy MD Steven Michael (left) and Deep Yellow MD John Borshoff

Vimy MD Steven Michael (left) and Deep Yellow MD John Borshoff

Under the scrip deal, Vimy is now accepting an implied A28.5c per share versus the implied 30.25c rejected last November. However, proponents of the transaction point to Vimy now being set to own 47%...

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