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Deep Yellow (ASX:DYL) added to MSCI Global Market Cap Index

Mining
ASX:DYL      MCAP $1.095B
21 May 2021 13:00 (AEST)
Deep Yellow (ASX:DYL) - CEO & Managing Director, John Borshoff

Source: Business News

Deep Yellow (DYL) has been added to the Morgan Stanley Capital International (MSCI) Global Market Cap Index.

MSCI is a leading global provider of indexes, data, analytical models, regulatory reporting and environmental, social and governance research. It is focussed on providing clients with insights into the drives and performance of market investments.

As part of the MSCI semi-annual rebalance, Deep Yellow will be added to the Australia Micro-Cap Index, effective from May 27.

MSCI’s clients include 95 of the world’s largest money managers as ranked by P&I.

Deep Yellow is a uranium explorer with a focus in Namibia, Africa, which is the world’s largest producer of uranium.

Earlier this month, Deep Yellow appointed Chris Salisbury as Chairman for its next phase of growth.

Chris comes with more than 30 years’ experience as a metallurgical engineer, working in the mining, strategy and operational experience sectors.

Deep Yellow says this new appointment is important as the company embarks on its next phase of growth.

On the market, Deep Yellow is down 0.59 per cent and is trading at 84.5 cents per share at 12:17 pm AEST.

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