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Uranium Royalty, Orion and Ontario Teachers' Pension Plan to Create a Leading Royalty Platform Through Combination of Uranium Royalty and Sweetwater Royalties [Yahoo! Finance]

Uranium Royalty Corp. (UROY) 
Company Research Source: Yahoo! Finance
VANCOUVER, BC April 16, 2026 /CNW/ - Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) ("URC" or the "Company") is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") to combine with entities owning a 92% interest in Sweetwater Royalties ("Sweetwater") from funds managed by Orion Resource Partners LP ("Orion") and the Ontario Teachers' Pension Plan ("Ontario Teachers'", together with Orion, the "Sellers") (the "Transaction"). The Transaction implies a 100% enterprise value for Sweetwater of approximately US$1.9 billion (based on US$625 million of debt outstanding as of April 1, 2026) and an attributable equity value to be acquired by URC of approximately US$1.1 billion. Uranium Royalty (CNW Group/Uranium Royalty Corp.) Under the Transaction, Sweetwater and URC will combine under a newly formed U.S. domiciled parent company, "Uranium Royalty Corp." ("New URC"), which will apply to have its shares of common stock ("New URC Shares") list Show less Read more
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