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Uranium Royalty Corp. Files Quarterly Report
Uranium Royalty Corp. Files Quarterly Report Canada NewsWire VANCOU...
About this update from Uranium Royalty Corp
[{"type":"text","content":"\n \n \n \n Uranium Royalty Corp. Files Quarterly 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 Sept. 9, 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 unaudited interim consolidated financial statements for the three months ended\n \n July 31, 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 July 31, 2022\n \n , the Company had approximately\n \n C$133 million\n \n in cash, marketable securities and physical uranium holdings.\n \n \n Physical uranium holdings at\n \n July 31, 2022\n \n were 1,548,068 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$42.31\n \n per pound. Based on the most recent daily spot price published by TradeTech LLC of\n \n US$51.50\n \n , the net realizable value of such holdings has increased by approximately\n \n C$22 million\n \n since the acquisition dates.\n \n \n During the three months ended\n \n July 31, 2022\n \n , the Company distributed 1,062,248 common shares pursuant to its previously announced at-the-market equity program through the facilities of the TSX-V and NASDAQ for net proceeds of approximately\n \n C$3.8 million\n \n .\n \n \n \n About Uranium Royalty Corp.\n \n \n \n Uranium Royalty Corp. (URC) is the world's only uranium-focused royalty and streaming company and the only pure-play uranium listed company on the NASDAQ. URC provides investors with uranium commodity price exposure through strategic acquisitions in uranium interests, including royalties, streams, debt and equity in uranium companies, as well as through holdings of physical uranium. The Company is well positioned as a capital provider to an industry needing massive investments in global productive capacity to meet the growing need for uranium as fuel for carbon-free nuclear energy. URC has deep industry knowledge and experti...