Added To MSCI Global Market Cap Index
Perth, May 21, 2021 AEST (ABN Newswire) - Deep Yellow Limited (
ASX:DYL) (JMI:FRA) (DYLLF:OTCMKTS) is pleased to announce it has been added to the MSCI (Morgan Stanley Capital International) Global Market Cap Index.
As part of the MSCI semi-annual rebalance, Deep Yellow will be added to the Australia Micro-Cap Index ("Index") effective 27 May 2021.
MSCI is a leading global provider of indexes, data, analytical models, regulatory reporting and ESG research. MSCI is focused on providing their clients with deep insights into drivers of risk and performance, broad asset class coverage and innovative ways to bring investment strategies to market. MSCI's clients include 95 of the world's 100 largest money managers, as ranked by P&I.
MSCI launched its first global equity index in 1696 and today, the MSCI market cap weighted indexes are among the most respected and widely used benchmarks in the financial industry.
To view more information, please visit:
https://abnnewswire.net/lnk/7P34K14G
About Deep Yellow Limited
Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) is successfully progressing a dual-pillar growth strategy to establish a globally diversified, Tier-1 uranium company to produce 10+Mlb p.a.
The Company's portfolio contains the largest uranium resource base of any ASX-listed company and its projects provide geographic and development diversity. Deep Yellow is the only ASX company with two advanced projects - flagship Tumas, Namibia (Final Investment Decision expected in 1H/CY24) and MRP, Western Australia (advancing through revised DFS), both located in Tier-1 uranium jurisdictions.
Deep Yellow is well-positioned for further growth through development of its highly prospective exploration portfolio - ARP, Northern Territory and Omahola, Namibia with ongoing M&A focused on high-quality assets should opportunities arise that best fit the Company's strategy.
Led by a best-in-class team, who are proven uranium mine builders and operators, the Company is advancing its growth strategy at a time when the need for nuclear energy is becoming the only viable option in the mid-to-long term to provide baseload power supply and achieve zero emission targets.
Importantly, Deep Yellow is on track to becoming a reliable and long-term uranium producer, able to provide production optionality, security of supply and geographic diversity.
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