Stocks
Uranium Royalty Corp. Obtains Shareholder Approval for Arrangement and Provides Corporate Update
Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) ("URC" or the "Company") is pleased to announce shareholder approval of its previously announced plan of arrangement, as contemplated by an arrangement agreement, dated as of April 16, 2026 (the "Arrangement Agreement"), by and between the Company, certain affiliated entities of Orion Resource Partners (USA) LP (the "Orion Sellers") and HRG Metals LP, a subsidiary of the Ontario Teachers' Pension Plan (together with the Orion Sellers, the "Sweetwat
About this update from Uranium Royalty Corp
VANCOUVER, BC, July 20, 2026 /CNW/ -- Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) ("URC" or the "Company") is pleased to announce shareholder approval of its previously announced plan of arrangement, as contemplated by an arrangement agreement, dated as of April 16, 2026 (the "Arrangement Agreement"), by and between the Company, certain affiliated entities of Orion Resource Partners (USA) LP (the "Orion Sellers") and HRG Metals LP, a subsidiary of the Ontario Teachers' Pension Plan (together with the Orion Sellers, the "Sweetwater Investors"), pursuant to which the Sweetwater Investors agreed to contribute and sell their approximately 92% interest in certain entities holding trona royalty assets and landholdings in Wyoming, Utah and Colorado, United States (the "Sweetwater Entities"), to Uranium Royalty Corp., a newly formed parent company incorporated in Delaware ("New URC"). The Arrangement Agreement will result in the combination of the Company and the Sweetwater Entities under New URC. At the meeting, Company shareholders voted approximately 99.43% of the Company's outstanding shares, present in person or represented by proxy, in favour of the Arrangement. Detailed voting results for the meeting will be available under the Company's profile on SEDAR+ at www.sedarplus.ca. Completion of the Arrangement remains subject to receipt of a final order from the Supreme Court of British Columbia approving the Arrangement and the satisfaction of certain customary closing conditions. It is currently expected that the Arrangement will close on or about July 27, 2026. Subject to the completion of the Arrangement and compliance with applicable listing requirements, it is expected that the common stock of New URC will be listed and posted for trading on the Nasdaq Stock Market LLC (the "NASDAQ") on or about July 28, 2026. Subject to the completion of the Arrangement and compliance with requirements of the TSX and the applicable securities regulators, the common shares of the Company will be delisted from the TSX on or about July 28, 2026 and it is expected the Company will cease to be a reporting issuer in all jurisdictions of Canada in which it is currently a reporting issuer, each on or about July 28, 2026. Corporate Update Andy Marshall will step down as Chief Financial Officer of the Company following the Arrangement, effective July 29, 2026, to pu...
View stock analysis, news, and events for Uranium Royalty Corp