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Uranium Energy Corp Announces the Public Listing of Uranium Royalty Corp.
Uranium Energy Corp Announces the Public Listing of Uranium Royalty Corp. Canada N...
About this update from Uranium Royalty Corp
[{"type":"text","content":"\n\n\n\nUranium Energy Corp Announces the Public Listing of Uranium Royalty Corp.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCORPUS CHRISTI, TX, Dec. 16, 2019\n\n\n\nCORPUS CHRISTI, TX, Dec. 16, 2019 /CNW/ - Uranium Energy Corp (NYSE American: UEC, the \"Company\" or \"UEC\") is pleased to announce that Uranium Royalty Corp. (\"URC\") has successfully completed its initial public offering raising total gross proceeds of CAD$30 million. URC's shares have commenced trading on the TSX Venture Exchange under the symbol \"URC\". \nUEC owns 14 million shares of Uranium Royalty Corp., which represents 19.5% of its issued and outstanding shares. As of the close of trading on December 13, UEC's shareholding in URC was valued at CAD$16.5 million.\nUranium Royalty Corp. is the first and only publicly listed uranium royalty and streaming company. UEC believes that, by virtue of its ownership in URC, shareholders will indirectly benefit from leverage to the uranium price through a diverse array of royalty assets, spanning different jurisdictions and operating partners.  To learn more about URC, visit www.UraniumRoyalty.com\nAbout Uranium Energy Corp\nUranium Energy Corp is a U.S.-based uranium mining and exploration company.  In South Texas, the Company's hub-and-spoke operations are anchored by the fully-licensed Hobson Processing Facility which is central to the Palangana, Burke Hollow and Goliad ISR projects.  In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S.  Additionally, the Company controls a pipeline of uranium projects in Arizona, New Mexico and Paraguay, a uranium/vanadium project in Colorado and one of the highest-grade and largest undeveloped Ferro-Titanium deposits in the world, located in Paraguay.  The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.\nStock Exchan...