Uranium Royalty Corp (TSE:URC) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.