Uranium Royalty Corp. (TSX-V: URC) has completed an oversubscribed and upsized initial public offering (IPO) for gross proceeds of C$30 million and successfully listed on the TSX
The IPO was managed by a syndicate of agents including Haywood Securities Inc., BMO Capital Markets, and TD Securities Inc., acting as joint bookrunners and co-lead agents, and Sprott Capital Partners LP and Canaccord Genuity Corp. and H.C. Wainwright & Co., LLC.
Uranium Royalty Corp. is a pure-play uranium royalty company focused on gaining exposure to uranium prices by making strategic investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, as well as through holdings of physical uranium.
The company accumulates and manages a portfolio of geographically diversified uranium interests that may be acquired directly from mine operators, as well as third party holders of existing royalties, across the spectrum of project stages, from grassroots to production.
The majority of the royalty portfolio projects are located in the USA, Canada and Africa and includes Roughrider, Church Rick, Dewey-Burdock, Michelin, Anderson and Slick Rock.
The company’s management and the Board include individuals with over 130 years of combined experience in the uranium and nuclear energy sectors, including specific expertise in mine finance, project identification and evaluation, mine development and uranium sales and trading.