Each one in plain English, with the numbers worked through for a shareholder.
5 May 2006other● Neutral
Former director James Pratt exercised 5 million options at 2 cents, the balance of those issued to him in March 2005. This adds 5 million shares, taking shares quoted to 627,045,966, and brings in about $100,000 (calculated).
Napperby trench assays confirmed flat-lying calcrete-hosted uranium, with a 2 m zone above 1,000 ppm U3O8 and a peak of 3,460 ppm over 1.2 m. After the poor 2005 drilling, the board is again pursuing a resource program.
Napperby trenching is finished and 369 samples have gone for uranium assay, with results due late April. This follows the visible carnotite found in the trenches.
Adelaide conference presentation restating strategy as a pure uranium explorer. It cites about $15 million cash, 617 million shares and a $9 million three-year exploration budget, with offshore opportunities to be reviewed.
The 157.7 million rights-issue shares at 7.5 cents were allotted, raising $11.83 million and lifting shares on issue to 617,045,966. Top holder is Robert Healy at 7.32%, then Dr Pretorius at 6.73%.
30 Mar 2006capital raising announcement▲ GoodMajor
The entitlement issue closed with 71% taken up: 157.7 million shares at 7.5 cents, raising $11.83 million. It was not underwritten and the 64.4 million-share (29%) shortfall will not be placed.
What it means for a shareholder
158m new shares at $0.075 to raise about $11.8m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Central Land Council cleared trenching beside three mineralised Napperby holes. Trenching began 23 March and has exposed visible carnotite (a uranium mineral) in the first two trenches, ahead of further resource drilling.
Half-year to December 2005: net loss $1.82 million (previously $0.23 million), including $1.97 million of share-based payments. Cash was $2.1 million. Three directors resigned and two joined in the period, following the company's exit from administration.
Deep Yellow signed a binding heads of agreement for uranium rights to Dominion's 3,300 sq km Western Gawler tenements in South Australia. It can earn 90% by spending $3 million over 3 years, with shares equal to 2.2% of capital (or $1 million, if greater).
Deep Yellow agreed a uranium joint venture with Matrix Metals over about 5,000 sq km near Mt Isa-Cloncurry. It can earn 51% by spending $3 million over 3 years, plus shares equal to 2.2% of its capital.
Re-release of the 20 February Matrix Metals uranium joint venture announcement (earn 51% for $3 million over 3 years); no new information in the text shown.