VANCOUVER, BC, Dec. 7, 2023
/PRNewswire/ - Uranium Royalty Corp. (NASDAQ: UROY) (TSX:
URC) ("URC" or the "Company") is pleased to
report President and Chief Executive Officer, Scott Melbye, presented his views at the
COP 28 Net-Zero Nuclear Pavilion in a
panel discussion addressing the sustainability of the uranium
sector. The panel was part of the United Nations Conference on
Climate Change in Dubai, United
Arab Emirates and hosted by the World Nuclear Association
and Emirates Nuclear Energy Corporation. While at COP 28, URC demonstrated its support to the Net
Zero Nuclear Industry Pledge, as one of 120 industry
signatories.
The Net Zero Nuclear Industry Pledge, launched at COP 28 on December 5,
2023, commits to industry support for a tripling of global
nuclear capacity by 2050. Twenty-two countries, including
the United States, the
United Kingdom, France, the United
Arab Emirates, Japan,
South Korea, and Canada, made the same declaration to tripling
nuclear energy capacity by 2050 from a 2020 base in support of
their net-zero commitments. The declaration recognizes the
importance of extending lifetimes of existing reactors and
supporting development and construction of nuclear reactors such as
small modular and other advanced reactors for power generation.
Scott Melbye stated: "As a
capital provider to miners and developers globally that can help
fill this growing demand for uranium, we are excited about the
government and industry commitment to support the tripling of
nuclear energy by 2050. This growing demand for clean energy has
reinforced nuclear power as an indispensable solution in global
efforts to curb climate change."
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.
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 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.
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SOURCE Uranium Royalty Corp.
