PRISM Emerging New Energy Index: Spotlight on UROY

The world of energy is constantly evolving, with diversification beyond traditional sources like oil and gas. Now, the spotlight is on sustainable alternatives such as uranium mining, wind, and solar power. Not only are these options helping to combat environmental degradation, but they’re also ushering in a healthier era for our global environment.

The PRISM Emerging New Energy Index zeros in on promising small and micro-cap stocks that are making waves in the renewable energy sector. These pioneers are venturing into green avenues like uranium, wind, hydropower, geothermal, and solar energy.

One standout is Uranium Royalty Corp. (Nasdaq:UROY). Established in 2017, this Vancouver-based exploration company boasts a diverse portfolio, enriched with royalties, physical uranium holdings, and stakes in companies prominently involved in the uranium sector. UROY has met some important milestones recently:

October 10, 2023

UROY struck a deal with underwriters, led by BMO Capital Markets, to buy 10,205,000 shares at US$2.94 each.

The arrangement also grants underwriters the flexibility to secure an extra 15% of the offering to accommodate over-allotments, within a month post the deal’s finalization.

The capital raised is slated for various ventures, most notably, to back future uranium purchases and bolster UROY’s growth blueprint via royalty buyouts.

UROY enjoys the prestige of being the exclusive uranium-focused royalty company and the solitary pure-play uranium enterprise on the NASDAQ.

October 17, 2023

UROY has sealed its formerly revealed financing, tallying sales of the 10,205,000 common shares, culminating in proceeds nearing US$30,002,700.

Funds will support purchases of uranium in its physical form and other prospective royalty acquisitions in the uranium arena.

Uranium Energy Corp. (UEC), an internal associate of UROY, has taken a substantial 1,930,750 Common Shares slice from this offering. This move, labeled as a related-party transaction, remains compliant with the stipulations outlined under Multilateral Instrument 61-101.

Endorsing this transaction, the company’s board has given its nod of approval for both the offering and the related dealings with UEC.

INVESTMENT HIGHLIGHTS

First Mover Advantage: UROY introduced the royalty and streaming model to the uranium sector.

C$137M Liquid Assets: With a solid balance sheet, UROY is positioned for uranium royalty and streaming acquisitions.

Physical Uranium Ownership: UROY has interests in physical uranium through market purchases, partnership with CGN Global, and investment in Yellow Cake plc, acquired at cyclical lows.

Diverse Royalty Portfolio: UROY holds interests in 18 uranium projects, including royalties on major mines like McArthur River and Cigar Lake.

Expertise: UROY’s management and board bring extensive uranium industry experience from prominent roles in top companies and governmental advisories.

About Uranium Royalty Corp.

Uranium Royalty Corp. (UROY) is the world’s only uranium-focused royalty and streaming company and the only pure-play uranium listed company on the NASDAQ. Uranium Royalty Corp. provides investors with uranium commodity price exposure through strategic acquisitions in uranium interests, including royalties, streams, debt and equity in uranium companies, as well as through trading of physical uranium.