Each one in plain English, with the numbers worked through for a shareholder.
27 July 2022business combination▲ GoodMajor
The Vimy Scheme became legally effective on 27 July 2022 once court orders were lodged with ASIC. Vimy holders on the 29 July record date get 0.294 new Deep Yellow shares per Vimy share, issued 4 August; Vimy shares suspended.
26 July 2022business combination▲ Good
The Western Australian Supreme Court approved the Vimy Scheme on 26 July 2022. Vimy expects the Scheme to become effective on 27 July, with implementation on 4 August. Court approval was the last major hurdle after the 20 July vote.
21 July 2022drilling result▲ Good
Omahola phase one finished (40 holes, 5,252m). Best result was 8m at 512ppm at Inca South, supporting a possible 2km extension; holes west of MS7 were only 100-150ppm, which the company called disappointing. Resource unchanged at 125.3Mlb.
20 July 2022business combination▲ GoodMajor
Vimy shareholders approved the Deep Yellow merger Scheme: 96.57% of those present and voting, and 99.00% of votes cast, in favour. Court approval is due 26 July, with implementation expected 4 August 2022, clearing the main shareholder hurdle.
20 July 2022agm notice● Neutral
Vimy's Scheme Meeting presentation and chair's remarks. Vimy confirmed the independent expert still supports the deal, its net cash test is met, counterparty consents are obtained, and ASIC has issued a preliminary no-objection letter. Only Vimy holder and court approvals remain.
28 June 2022other● Neutral
Deep Yellow issued 176,519 shares after unlisted options were exercised. Administrative share issue notice (Appendix 2A); no price or proceeds given in the text.
20 June 2022business combination● Neutral
Vimy posted the Scheme Booklet to its shareholders on 20 June 2022. Vote still set for 20 July, with the independent expert's fair-and-reasonable conclusion and unanimous board support repeated. Procedural step; no new terms.
17 June 2022material agreement● Neutral
HyIron will use its final option, extending its exclusivity over the Shiyela iron ore sale by six months to no later than March 2023, paying a further US$50,000. It already paid US$100,000. Sale of Shiyela (from October 2021 option) remains undecided.
16 June 2022business combination● Neutral
ASIC registered the Vimy Scheme Booklet, due to be posted 20 June. It includes Deloitte's finding that the Deep Yellow merger is fair and reasonable. Vimy holders vote 20 July 2022. Follows the 15 June court hearing; no new terms.
15 June 2022business combination▲ Good
Court ordered the Vimy shareholder meeting and approved the Scheme Booklet. The independent expert found the merger fair and reasonable. Vote expected 20 July 2022, with implementation targeted for 4 August 2022.
3 May 2022director officer appointment● Neutral
Non-executive director Justin Reid resigned effective 3 May 2022. The text gives no reason beyond thanking him for his contribution. He held unlisted nil-cost options per the final interest notice.
19 Apr 2022quarterly activities report● Neutral
March quarter: cash A$69.4M, down from A$72.0M. Tumas DFS still on track for the December 2022 quarter; the Vimy merger and Barking Gecko Phase 2 are recapped. Largely repeats known announcements.
19 Apr 2022quarterly activities report● Neutral
Quarterly cash flow: cash ended March at A$69.43M from A$71.98M. Operating outflow was A$551k and investing outflow A$2.24M. No debt or financing inflows in the quarter.
7 Apr 2022drilling result▼ BadMajor
Barking Gecko North Phase 2: 10 RC holes (2,272m) all hit mineralisation above 100ppm, but did not repeat the thick, high grades of diamond hole TN270DDT. Mineralised zone appears limited to about 300m x 200m, though depth potential remains open.
31 Mar 2022listing compliance notice● Neutral
ASX lifted the suspension on Deep Yellow shares from the start of trading on 31 March 2022, after the merger announcement was released. Administrative notice only.
31 Mar 2022business combination● Neutral
Vimy's release of the same merger announcement: Deep Yellow to acquire 100% of Vimy at 0.294 DYL shares per Vimy share, unanimously recommended by Vimy's board. Duplicate of the DYL announcement.
31 Mar 2022investor presentation● Neutral
Investor presentation for the proposed Vimy merger. Visible text is the title page and disclaimers; the deal terms are covered in the main merger announcement.
31 Mar 2022investor presentation● Neutral
Vimy's release of the joint merger investor presentation, with a Vimy cover page. Visible text is cover material and disclaimers; no new figures. Re-release of a known presentation.
31 Mar 2022business combination▲ GoodMajor
Deep Yellow agreed a Scheme to acquire all of Vimy, offering 0.294 DYL shares per Vimy share (28.5c implied, 18.8% premium). DYL holders would own 53% of the merged group. This follows the lapsed November 2021 proposal and adds Vimy's Mulga Rock project.
29 Mar 2022listing compliance notice● Neutral
At Deep Yellow's request, ASX suspended trading from 30 March 2022 pending an announcement on a control transaction with a third party, following a trading halt on 28 March. Sets up the Vimy deal announced days later.
15 Mar 2022half year report● Neutral
Cover letter for the half-year report to 31 December 2021. Visible text recaps known items: Tumas reserve 68.4Mlb, Omahola upgrade to 125.3Mlb, Barking Gecko Phase 1. Financial figures are not visible in the text provided.
11 Mar 2022security holder rights change● Neutral
160,091 shares issued on conversion of unlisted employee performance rights. Routine administrative notice with a small effect on share count.
9 Mar 2022investor presentation● Neutral
Corporate presentation for the Euroz Hartleys Rottnest Island conference. Visible text is a title page and disclaimers; no new results or figures shown.
8 Mar 2022drilling scheduled▲ Good
Follow-up drilling at Omahola began 7 March: a two-stage, 10,000m RC program following the late-2021 shallow drilling. Phase 1 is 39 holes for 4,900m, finishing by end April, with the full program expected done by June.
4 Mar 2022other● Neutral
S&P Dow Jones index rebalance notice listing changes across ASX indices. Deep Yellow is added to the All Ordinaries effective 21 March 2022. A passive index change, not a company event.
10 Feb 2022investor presentation● Neutral
Corporate presentation for the Bell Potter Unearthed conference. Visible text is a title page and disclaimers; no new results or figures shown.
3 Feb 2022resource reserve update▲ GoodMajor
Tumas DFS update: testwork confirms 93.8% recovery, and using the updated 68.4Mlb reserve, mine life rises to 25.75 years from 11.5. Post-tax NPV8.6 rises to US$412M from US$207M, IRR to 23% from 21%. Debt-funder and customer talks begin; DFS still due late 2022.
21 Jan 2022quarterly activities report▲ Good
Quarterly cash flow: cash ended December at A$71.98M, up from A$52.35M, mainly from A$22.2M option exercise proceeds. Operating outflow was A$316k and investing outflow A$2.0M. It includes A$109k received from HyIron under the Shiyela option.
21 Jan 2022quarterly activities report▲ Good
December quarter: Tumas DFS on track for the December 2022 quarter, with the Omahola resource upgrade and shallow drilling recapped. Cash rose to about A$72M, including A$22.2M raised from option exercises. Mostly repeats known results.
18 Jan 2022drilling result▲ GoodMajor
Barking Gecko North diamond hole TN270DDT hit 118m at 352ppm over eight intersections, including 9m at 954ppm. This extends the Phase 1 results (TN258RC 70m at 503ppm). Ten more RC holes (~2,500m) start 24 January, results expected early/mid-March.
