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Uranium Royalty Corp. Reactivates Equity Program
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Uranium Royalty Corp. Reactivates Equity Program

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Uranium Royalty Corp (TSE:URC) has released an update.

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Uranium Royalty Corp. has reactivated its at-the-market equity program, enabling the company to issue up to US$39 million in common shares at market prices. The proceeds will be used to fund acquisitions of new royalties and for working capital purposes. This financial move comes with a distribution agreement involving a syndicate of prominent agents and is set to expire in August 2025 or when the sales cap is reached.

For further insights into TSE:URC stock, check out TipRanks’ Stock Analysis page.

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