trending Market Intelligence /marketintelligence/en/news-insights/trending/xdOZDRMIIRcia0Kc4GjU3A2 content esgSubNav
In This List

Uranium Royalty raises C$30M from IPO on TSX Venture Exchange

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends


Uranium Royalty raises C$30M from IPO on TSX Venture Exchange

Uranium Royalty Corp. raised C$30 million from an oversubscribed and upsized IPO consisting of 20 million units priced at C$1.50 apiece, with its shares to begin trading on the TSX Venture Exchange under the symbol URC on Dec. 11.

The company's CEO is Scott Melbye, executive vice president of Uranium Energy Corp., and it is headquartered in Vancouver, British Columbia.

Uranium Royalty said Dec. 6 that each unit comprises one common share and one warrant, exercisable at C$2 per common share until Dec. 6, 2024. The syndicate of agents also secured a 5% overallotment option, exercisable for up to 30 days after closing.

The company closed a deal in September to acquire uranium royalties on four properties in the U.S.