Pretorius to leave Deep Yellow; AIM listing mooted

Uranium explorer Deep Yellow has announced that Leon Pretorius will leave the company after seven years as a senior executive.

The move coincided with Deep Yellow flagging a potential listing on the UK’s Alternative Investment Market. It said it has appointed RFC Corporate Finance as its nominated adviser (Nomad) and Ambrian Partners as its broker in relation to a proposed admission to AIM.

Dr Pretorius is a former executive chairman and managing director of Deep Yellow but has most recently been the Namibian-based managing director of Reptile Uranium Namibia, a wholly owned subsidiary.

Deep Yellow said he has decided to end his fulltime involvement with the company at the end of July to pursue his other growing interests in Australia. Dr Pretorius will continue his

He has been a long-term director of Langer Heinrich Uranium, Paladin Energy’s Namibian operating company, and is currently executive chairman of ASX-listed Carbine Tungsten, formerly Icon Resources.

An external search for Dr Pretorius’ replacement will commence immediately.