Uranium royalty corp. takes delivery of initial tranche under its 10-year supply agreement to acquire us$10 million of physical uranium

Highlights uranium royalty corp (urc) previously announced on march 30, 2021 the initial exercise of its option to purchase us$10 million of physical uranium, secured under its strategic and foundational investment in the 2018 ipo of yellow cake plc (yca); urc has now taken delivery of 348,068 pounds of u3o8; and together with our recently announced proposed acquisitions of royalty interests in the mcarthur river and cigar lake mines, urc is ideally positioned to benefit from improving uranium prices. vancouver, bc, april 29, 2021 /prnewswire/ - uranium royalty corp. (nasdaq: uroy) (tsxv: urc) ("urc" or the "company") is pleased to confirm the completion of its previously announced acquisition of 348,068 pounds of u3o8 pursuant to its existing strategic arrangements with yellow cake plc ("yellow cake") at a price of us$28.73 per pound.
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