The Toronto Stock Exchange reports that Uranium Royalty Corp. will list additional shares. As stated in the prospectus supplement dated Aug. 29, 2024, to the short form base shelf prospectus dated July 20, 2023, the company is issuing up to $39-million (U.S.) of shares to the public pursuant to the at-the-market (ATM) distribution procedures as defined by National Instrument 44-102, Shelf Distributions.
According to the TSX, the ATM
sales will be made directly on the TSX or the Nasdaq Capital Market, or any other trading market
for the shares in Canada or the United States, during the
period commencing Aug. 29, 2024, and ending on the
earliest of: (i) Aug. 20, 2025; (ii) the issuance and sale of
all the shares subject to the equity distribution agreement
dated Aug. 29, 2024; and
(iii) the termination of the distribution agreement. As a result
of the ATM procedures, prices may vary as between
purchasers and during the period of distribution.
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