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Uranium Royalty Corp. Files Annual Report
Uranium Royalty Corp. Files Annual Report Canada NewsWire VANCOUVER...
About this update from Uranium Royalty Corp
[{"type":"text","content":"\n \n \n \n Uranium Royalty Corp. Files Annual Report\n \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 Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n July 27, 2022\n \n \n /CNW/ -\n \n Uranium Royalty Corp.\n \n (NASDAQ: UROY) (TSXV: URC) (\"\n \n URC\n \n \" or the \"\n \n Company\n \n \") announces that it has published its annual information form, management's discussion and analysis, and annual consolidated financial statements for the year ended\n \n April 30, 2022\n \n , which are available on SEDAR at\n \n www.sedar.com\n \n and EDGAR at\n \n www.sec.gov\n \n .\n \n \n As at\n \n April 30, 2022\n \n , the Company had approximately\n \n C$132 million\n \n in cash, marketable securities and physical uranium holdings.\n \n \n Physical uranium holdings at\n \n April 30, 2022\n \n were 1,448,068 pounds U\n \n 3\n \n O\n \n 8\n \n , which were acquired by URC at a weighted average cost of\n \n US$41.19\n \n per pound. Based on the most recent daily spot price published by TradeTech LLC of\n \n US$47.00\n \n on\n \n July 26, 2022\n \n , the net realizable value of such holdings has increased by approximately\n \n US$8 million\n \n since the balance sheet date.\n \n \n The Company also recorded an increase in the fair value of its short-term investments of approximately\n \n C$16 million\n \n during the year ended\n \n April 30, 2022\n \n . The carrying value of the short-term investments was\n \n C$51.8 million\n \n as of\n \n April 30, 2022\n \n .\n \n \n During the three months and year ended\n \n April 30, 2022\n \n , the Company distributed 2,518,916 and 6,175,771 common shares pursuant to its previously announced at-the-market equity program through the facilities of the TSX Venture Exchange (\"TSX-V\") and NASDAQ for net proceeds of approximately\n \n C$13 million\n \n and\n \n C$34 million\n \n , respectively.\n \n \n \n Management Update\n \n \n \n The Company is pleased to announce the appointment of\n \n Katherine Arblaster\n \n as Vice President, Environmental, Social, and Governance and\n \n Yong-Jae Kim\n \n as General Counsel...