Uranium Royalty Corp. Takes Delivery of Initial Tranche Under its 10-Year Supply Agreement to Acquire US$10 Million of Physical Uranium

Uranium Royalty Corp. Takes Delivery of Initial Tranche Under its 10-Year Supply Agreement to Acquire US$10 Million of Physical Uranium

Highlights Uranium Royalty Corp (URC) previously announced on March 30, 2021 the initial exercise of its option to purchase US$10 million of physical uranium, secured under its strategic and foundational investment in the 2018 IPO of Yellow Cake plc (YCA);

URC has now taken delivery of 348,068 pounds of U 3 O 8 ; and

Together with our recently announced proposed acquisitions of royalty interests in the McArthur River and Cigar Lake mines, URC is ideally positioned to benefit from improving uranium prices.

VANCOUVER, BC, April 29, 2021 /PRNewswire/ – Uranium Royalty Corp. (NASDAQ: UROY ) (TSXV: URC) ("URC" or the "Company") is pleased to confirm the completion of its previously announced acquisition of 348,068 pounds of U 3 O 8 pursuant to its existing strategic arrangements with Yellow Cake plc ("Yellow Cake") at a price of US$28.73 per pound. The purchased physical uranium is being held […]

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