Uranium royalty announces closing of bought deal financing

Designated news release vancouver, bc , oct. 17, 2023 /prnewswire/ - uranium royalty corp. (nasdaq: uroy) (tsx: urc) ("urc" or the "company") has closed its previously announced bought deal financing for a total of 10,205,000 common shares (the "common shares") sold at a price of us$2.94 per common share for aggregate gross proceeds to the company of approximately us$30,002,700 (the "offering"). the company plans to use the net proceeds of the offering to fund future purchases of physical uranium by the company, for potential acquisitions of uranium royalty, stream or similar interests and for general working capital purposes.
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