Uranium Royalty : CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED JULY 31, 2021 (Form 6-K)

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED JULY 31, 2021 Uranium Royalty Corp. Condensed Interim Consolidated Statements of Financial Position (Unaudited, expressed in Canadian dollars unless otherwise stated) Notes As at July 31, 2021 As at April 30, 2021 ($) ($) Assets Current Assets Cash and cash equivalents 3 25,711,155 7,214,482 Restricted cash 3 678,750 669,350 Short-term investments 4 34,149,066 30,044,870 Inventories 5 12,398,031 12,398,031 Prepaids and other receivables 601,367 279,478 73,538,369 50,606,211 Non-current Assets Royalties and royalty options 6 42,157,375 25,577,108 42,157,375 25,577,108 115,695,744 76,183,319 Liabilities Current Liabilities Accounts payable and accrued liabilities 11 557,664 506,944 557,664 506,944 Non-current Liabilities Government loan payable 7 40,000 40,000 Margin loan payable 8 6,304,821 – 6,344,821 40,000 6,902,485 546,944 Equity Issued Capital 9 103,250,230 72,985,166 Reserves 9 6,566,110 6,352,151 Accumulated deficit (8,948,858 ) (7,885,993 ) Accumulated other comprehensive income 7,925,777 4,185,051 108,793,259 75,636,375 115,695,744 76,183,319 Commitments (Note 13)

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