Inactive Instrument

Vimy Resources Limited

Equities

VMY

AU000000VMY4

Vimy Resources Limited - Scheme of Arrangement Becomes Effective

July 27, 2022 at 10:41 am EDT

Further to its announcement - Vimy Resources Limited (ASX:VMY, OTCQB:VMRSF) (Vimy or Company) is pleased to announce that it has today lodged with the Australian Securities and Investments Commission (ASIC) a copy of the orders of the Supreme Court of Western Australia (Orders) approving the scheme of arrangement , pursuant to which Deep Yellow Limited (ASX:DYL, OTCQX: DYLLF) (Deep Yellow) will acquire all of the shares in Vimy (Vimy Shares) (Scheme). As a result, the Scheme is now legally effective

A copy of the Orders lodged with ASIC are included as Annexure A to this announcement. Unless otherwise indicated, capitalised terms used in this announcement have the meaning given to them in the scheme booklet registered by ASIC on 16 June 2022.

Suspension of Trading & Scheme Consideration

It is expected that Vimy Shares will be suspended from trading on ASX at close of trading today, Wednesday, 27 July 2022. Eligible Vimy shareholders who hold Vimy Shares at the Scheme record date (being 5.00 pm (AWST) on Friday, 29 July 2022) (Scheme Record Date) will receive 0.294 New Deep Yellow Shares for each Vimy Share held at the Scheme Record Date (Scheme Consideration), in accordance with the terms of the Scheme. It is expected that the Scheme will be implemented, and the Scheme Consideration will be issued to Vimy Shareholders, on Thursday, 4 August 2022

Contact:

Steven Michael

Managing Director

Tel: +61 8 9389 2700

About Vimy Resources

Vimy Resources Limited (ASX: VMY, OTCQB: VMRSF) is a Perth-based resource development company. Vimy's flagship project is the Mulga Rock Project (100%), one of Australia's largest undeveloped uranium resources, which is located 290km by road ENE of Kalgoorlie in the Great Victoria Desert of Western Australia. Vimy also owns and operates the largest granted uranium exploration package in the world-class Alligator River uranium district, located in the Northern Territory. Vimy is exploring for large high-grade uranium unconformity deposits identical to those found in the Athabasca Basin in Canada. Vimy acknowledges the Traditional Custodians of the country on which we work and travel, throughout Australia, and respects their associated connections

Latest news about Vimy Resources Limited

Deep Yellow Completes Merger With ASX-listed Peer Vimy Resources	22-08-04	MT
Deep Yellow Limited completed the acquisition of Vimy Resources Limited.	22-08-03	CI
Vimy Resources Unearths Uranium at Alligator Project	22-07-28	MT
Vimy Resources Unearths Uranium at Alligator River Project	22-07-18	MT
Vimy Resources Limited Announces Early Drilling Success At Angularli Alligator River Project - Northern Territory	22-07-17	CI
Vimy Resources Starts Resource Extension Drilling Program at Northern Territory's Angularli Deposit; Shares Fall 5%	22-07-11	MT
Vimy Resources Limited Commenced Drilling At Alligator River Project	22-07-11	CI
Vimy Resources to Start Drill Program at Northern Territory Uranium Project in June; Shares Slide 7%	22-05-08	MT
Vimy Resources Limited Announces Major Resource Extension Drilling Program at its 100%-Owned Angularli Project in the Northern Territory	22-05-08	CI
Deep Yellow Limited agreed to acquire Vimy Resources Limited approximately AUD 330 million.	22-03-30	CI
Vimy Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2021	22-03-11	CI
Vimy Resources Provides Update on Strategic Review Process	22-03-02	CI
Vimy Resources Appoints CEO and Managing Director; Shares Fall 8%	22-01-24	MT
Vimy Resources Limited Appoints Steven Michael to the Position of Managing Director	22-01-24	CI
Vimy Resources Limited Appoints Steven Michael as Chief Executive Officer	22-01-24	CI
Vimy Resources Appoints COO	22-01-12	MT
Vimy Resources Limited Announces Appointment of Tony Chamberlain as Chief Operating Officer	22-01-12	CI
Vimy Resources Chair to Retire in March 2022	21-11-26	MT
Vimy Resources Limited Announces Retirement of Cheryl Edwardes AM from its Board on or Around March 1, 2022	21-11-25	CI
Vimy Resources Limited Announces Notification of Substantial Commencement Mulga Rock Uranium Project	21-11-25	CI
Steven Michael Appointed to Vimy Resources Limited's Board	21-11-22	CI
Vimy Resources Rejects Deep Yellow's Merger Offer	21-11-19	MT
Vimy Resources Rejects Deep Yellow's Merger Offer	21-11-19	MT
Deep Yellow Limited cancelled the acquisition of Vimy Resources Limited for approximately AUD 300 million in a merger of equals transaction .	21-11-18	CI
Vimy Initiates Strategic Review	21-11-18	CI

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Company Profile

Vimy Resources Limited is an Australia-based exploration and evaluation company. The Company is focused on the exploration and evaluation of its Mulga Rock Project. Its projects include the Mulga Rock Project and Alligator River Project. The Mulga Rock Project is located approximately 240 kilometers (km) northeast of Kalgoorlie in the Great Victoria Desert of Western Australia. The Mulga Rock Project ore reserves include Princess and Ambassador at Mulga Rock East, and Emperor and Shogun at Mulga Rock West. The Alligator River Project consists of three separate tenement packages covering a total area of approximately 3,865 square km, including 1,600 square km of granted exploration licenses. Its three tenement includes the King River-Wellington Range project, Algodo-Beatrice project and Mt Gilruth project. The King River-Wellington Range project covers an area of approximately 1,600 square km. The Algodo-Beatrice project covers an area of approximately 500 square km.

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