Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
2023年10月28日 - 12:32AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16
or 15d-16
UNDER
the Securities Exchange Act of 1934
For
the month of October 2023
Commission
File No.: 001-40359
Uranium
Royalty Corp.
(Translation
of registrant’s name into English)
Suite
1830, 1188 West Georgia Street
Vancouver,
British Columbia, V6E 4A2, Canada
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☐ Form
40-F ☒
INCORPORATION
BY REFERENCE
Exhibit
99.1 contained in this Report on Form 6-K shall be deemed to be incorporated by reference into the registration statement on Form F-10,
as amended (Registration No. 333-272534) of Uranium Royalty Corp. (including any prospectuses forming a part of such registration statement)
and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently
filed or furnished.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
|
Uranium Royalty Corp. |
|
|
|
Date: October 27, 2023
|
By: |
/s/ Josephine
Man |
|
Name: |
Josephine Man |
|
Title: |
Chief Financial Officer |
EXHIBIT
INDEX
Exhibit
99.1
Uranium
Royalty Corp. Provides Update on Physical Uranium Purchases
DESIGNATED
NEWS RELEASE
Vancouver,
British Columbia, Canada, October 27, 2023 – Uranium Royalty Corp. (NASDAQ: UROY, TSX: URC) (“URC” or the
“Company”) is pleased to announce that it has secured additional fixed-price uranium purchase commitments totaling
1 million pounds U3O8 in the current quarter. Deliveries will occur at Cameco Corporation’s Blind River facility
in Ontario, Canada during the fourth quarter of 2023. The weighted average purchase price for such commitments is US$70.44 per pound
(TradeTech spot price is US$73.50 per pound as at October 26, 2023), which is expected to
be satisfied through cash on hand and other liquid assets.
The
Company is also pleased to announce it has received the first delivery of 300,000 pounds U3O8 under its purchase
agreement with CGN Global Uranium Ltd. dated November 17, 2021 (see news release dated December 2, 2021). This agreement provides URC
with exposure to an aggregate 500,000 pounds U3O8 from 2023 through 2025 at a weighted average price of US$47.71
per pound. The delivery of the remaining 200,000 pounds is expected to be completed in June 2024 and April 2025.
These
purchases will increase URC’s physical uranium inventory to approximately 2.65 million pounds U3O8 at weighted
average cost of approximately US$54.08 per pound (valued at approximately US$195 million at the above referenced TradeTech spot price).
Scott
Melbye, the Company’s Chief Executive Officer, stated: “In the early stages of this uranium bull market, we recognized an
opportunity to grow our physical uranium holdings alongside our royalty business, which includes 20 diversified royalties on 18 projects.
These strategic purchases provide shareholders exposure to the strong fundamentals supporting a rising uranium price and a future source
of liquidity to acquire additional royalty and streaming assets as opportunities arise.”
About
Uranium Royalty Corp.
Uranium
Royalty Corp. (URC) is the world’s only uranium-focused royalty and streaming company and the only pure-play uranium listed company
on the NASDAQ. URC provides investors with uranium commodity price exposure through strategic acquisitions in uranium interests, including
royalties, streams, debt and equity in uranium companies, as well as through trading of physical uranium.
Contact:
Scott
Melbye – Chief Executive Officer
Email:
smelbye@uraniumroyalty.com
Investor
Relations:
Toll
Free: 1.855.396.8222
Email:
info@uraniumroyalty.com
Website:
www.UraniumRoyalty.com
|
Corporate
Office:
1188
West Georgia Street, Suite 1830,
Vancouver,
BC, V6E 4A2
Phone:
604.396.8222
|
Forward
Looking Statements
Certain
statements in this news release may constitute “forward looking information” and “forward looking statements”,
as defined under applicable Canadian and U.S. securities laws (“forward looking statements”), including those regarding expected
future U3O8 deliveries and the expected benefits thereof; market expectations and the Company’s strategy
and business plans, which ultimately remains the subject of the Company’s discretion. Forward looking statements include statements
that address or discuss activities, events or developments that the Company expects or anticipates may occur in the future. When used
in this news release, words such as “estimates”, “expects”, “plans”, “anticipates”, “will”,
“believes”, “intends” “should”, “could”, “may” and other similar terminology
are intended to identify such forward looking statements. Forward looking statements reflect the current expectations and beliefs of
the Company’s management. These statements involve significant uncertainties, known and unknown risks, uncertainties and other
factors and, therefore, actual results, performance or achievements of the Company and its industry may be materially different from
those implied by such forward looking statements. They should not be read as a guarantee of future performance or results, and will not
necessarily be an accurate indication of whether or not such results will be achieved. A number of factors could cause actual results
to differ materially from such forward looking statements, including, without limitation, risks inherent to royalty companies, any failures
by counterparties to perform their respective obligations, market conditions, share price, uranium price volatility and risks related
to the operators of the projects underlying the Company’s existing and proposed interests and those other risks described in filings
with Canadian securities regulators and the U.S. Securities and Exchange Commission. These risks, as well as others, could cause actual
results and events to vary significantly. Accordingly, readers should exercise caution in relying upon forward looking statements and
the Company undertakes no obligation to publicly revise them to reflect subsequent events or circumstances, except as required by law.
Uranium Royalty (NASDAQ:UROY)
過去 株価チャート
から 5 2024 まで 6 2024
Uranium Royalty (NASDAQ:UROY)
過去 株価チャート
から 6 2023 まで 6 2024