DESIGNATED NEWS RELEASE
Uranium Royalty Corp. has closed its previously announced bought deal financing for a total of 6,724,600 common shares sold at a price of US$3.40 per Common Share for aggregate gross proceeds to the Company of US$22,863,640 . The Company plans to use the net proceeds of the Offering to fund future royalty acquisitions and purchases of physical uranium. The Offering was made through a syndicate of underwriters led by Canaccord Genuity Corp., as lead manager and joint bookrunner, together with BMO Capital Markets, as joint bookrunner, and H.C. Wainwright & Co., LLC. The Offering was completed by way of a prospectus supplement dated February 6, 2024 and an accompanying base shelf prospectus dated July 20, 2023, in all of the provinces and territories of C...