Wednesday, October 8, 2025

Latest

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

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Tech Giants and Uranium: Reshaping the Nuclear Energy Landscape | Forum Energy with Dr. Rebecca Hunter

In this interview at the Red Cloud Fall Mining Showcase 2024, Dr. Rebecca Hunter, Vice-President...

Saturday, October 19, 2024, 01:22:00 PM

Paladin Energy to Acquire Fission Uranium in a $1.14 Billion All-Share Deal

Paladin Energy Limited (ASX: PDN) has announced a definitive agreement to acquire Fission Uranium Corp....

Monday, June 24, 2024, 03:47:33 AM

Kazatomprom: BMO Lowers Target To $47.50 Following “Erosion of Sentiment”

Last week Kazatomprom (LSE: KAP), one of the largest uranium producers reported it’s full-year 2021...

Sunday, March 27, 2022, 01:10:00 PM

Five-Nation Alliance Exceeds Nuclear Fuel Investment Target by $1.4 Billion

On the sidelines of the 68th International Atomic Energy Agency General Conference in Vienna, leaders...

Thursday, September 19, 2024, 12:17:00 PM

US Dept of Energy Looks to Produce More Uranium for Cutting-Edge Nuclear Reactors

The US government is looking to advance the country’s nuclear power capabilities, and with that...

Friday, January 14, 2022, 04:39:00 PM