Uranium Royalty Corp. Completes Acquisition of Additional Royalty on the Churchrock Uranium Project, New Mexico, USA

Company Overview - Uranium Royalty Corp. (URC) is the world's only uranium-focused royalty and streaming company, providing investors with exposure to uranium commodity prices through strategic acquisitions [3] - The company is well positioned as a capital provider to an industry requiring significant investments to meet the growing demand for uranium as fuel for carbon-free nuclear energy [3] - URC's management and board possess extensive experience in the uranium and nuclear energy sectors, including expertise in mine finance, project evaluation, and uranium sales [3] Acquisition Details - URC has completed the acquisition of an additional royalty on a portion of the Churchrock uranium project owned by Laramide Resources Ltd. in New Mexico [1] - The royalty is structured as a Gross Overriding Royalty of 6% "Mine Price," covering 10 patented mining claims on the Churchrock Project [2] - The cash consideration paid by URC for this acquisition was US$3.5 million [2] Project Significance - The Churchrock Project is an advanced stage, in-situ recovery uranium project located in the Grants Mineral Belt of New Mexico, recognized as one of the largest and highest-grade undeveloped ISR uranium projects in the United States [1]