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Stock impact report

URANIUM ROYALTY ANNOUNCES CLOSING OF BOUGHT DEAL FINANCING

Uranium Royalty Corp. (UROY) 
Company Research Source: PR Newswire
DESIGNATED NEWS RELEASE VANCOUVER, BC, Feb. 9, 2024 /PRNewswire/ - Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) ("URC" or the "Company") has closed its previously announced bought deal financing for a total of 6,724,600 common shares (the "Common Shares") sold at a price of US$3.40 per Common Share for aggregate gross proceeds to the Company of US$22,863,640 (the "Offering").The Company plans to use the net proceeds of the Offering to fund future royalty acquisitions and purchases of physical uranium.The Offering was made through a syndicate of underwriters led by Canaccord Genuity Corp., as lead manager and joint bookrunner, together with BMO Capital Markets, as joint bookrunner, and H.C. Wainwright & Co., LLC. The Offering was completed by way of a prospectus supplement dated February 6, 2024 and an accompanying base shelf prospectus dated July 20, 2023, in all of the provinces and territories of Canada, other than Québec, and in the United States pursuant a prospectus supplement Show less Read more
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