Sunday, October 26, 2025

Uranium Royalty Corp Announces US$40 Million At The Market Financing

Uranium Royalty Corp (TSXV: URC) (NASDAQ: UROY) is looking to raise funds. The company last night announced that it will be undertaking an at-the- market equity program, with the goal of raising gross proceeds of US$40 million.

Distribution of company shares is to be conducted by a syndicate of agents lead by BMO Nesbitt Burns, with the company selling shares directly on both the TSX Venture Exchange and the Nasdaq as a means of raising capital. Shares are to be made available from time to time, and sold at the prevailing market price.

The program will continue until either US$40.0 million is raised under the program, or September 1, 2022, whichever occurs first.

Proceeds from the financing are to be used to acquire royalties, streams, uranium, and for working capital.

The announcement follows the company raising C$25.0 million under a bought deal financing at the end of May, which was part of a larger $37.0 million “financing package.”

Uranium Royalty Corp last traded at $3.25 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

This Is Why the Gold Run Is Not Done! | Peter Marrone – Allied Gold

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

Kazatomprom Faces Delay In Production At Sulphuric Acid Plant

Kazatomprom has announced a delay in the commencement of production at the TQZ LLP facility,...

Friday, May 3, 2024, 02:21:00 PM

Pegasus Resources Expands Its Uranium Assets In Saskatchewan

Pegasus Resources Inc. (TSXV:PEGA) continues to make its presence in the prolific Athabasca Basin uranium...

Sunday, October 24, 2021, 01:09:00 PM

US Still Imported Russian Uranium This Year—And Trump Seems Surprised

President Donald Trump seems to be unaware whether the US is still importing nuclear materials...

Monday, September 22, 2025, 12:18:00 PM

US Approves First Uranium Mine Under Fast-Track Review

The Trump administration approved a uranium mine in southeastern Utah following a 14-day environmental review,...
Monday, May 26, 2025, 12:58:00 PM

Trump To Revive Cold War-Era Act to Shield US Uranium Supply

President Donald Trump is reportedly set to invoke the Defense Production Act—a Cold War-era wartime...

Friday, May 23, 2025, 12:08:00 PM