Uranium Royalty Corp. Announces C$37 Million Financing Package Comprised of C$25 Million Bought Deal and C$12 Million Margin Loan

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VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Uranium Royalty Corp (TSX-V: URC, NASDAQ: UROY, ”URC” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters, led by BMO Capital Markets, under which the underwriters have agreed to purchase, on a bought deal basis, 6,100,000 common shares (the “Common Shares”), at a price of C$4.10 per Common Share, for gross proceeds of approximately C$25 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. The offering is expected to close on or about May 20, 2021 and is subject to the Company […]

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