Uranium Royalty Corp. Announces Closing of C$25 Million Bought Deal Offering, Completing its Previously Announced C$37 Million Financing Package

Uranium Royalty Corp. Announces Closing of C$25 Million Bought Deal Offering, Completing its Previously Announced C$37 Million Financing Package

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

Highlights: Completes the C$37 million financing package comprised of a C$25 million bought deal offering and previously announced C$12 million margin loan facility

As of May 20, 2021 , the Company has approximately C$70 million in cash, equity and inventory holdings and C$6 million (US$5 million) available for drawdown under its margin loan facilty

VANCOUVER, BC, May 20, 2021 /CNW/ – Uranium Royalty Corp. (TSXV: URC ) (NASDAQ: UROY) (" URC " or the " Company ") is pleased to announce that it has completed its previously announced bought deal offering (the " Offering ") of common shares of the Company, resulting in aggregate gross proceeds of C$25,010,000. The Offering was conducted by way of a short form prospectus dated May 18, 2021, through a syndicate of underwriters led by BMO Nesbitt Burns […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet