Uranium Royalty CorpU

Uranium Royalty Corp (NASDAQ: UROY / TSX: URC) is a Vancouver-headquartered uranium and land royalty company with a portfolio of 31 named royalty interests spanning early-stage exploration through operating assets. On 27 Jul 2026 URC completed the Sweetwater transaction, which the company itself describes as creating a "leading uranium and land royalty company" -- adding approximately 850,000 acres of fee surface rights and approximately 4.5 million acres of mineral rights across Wyoming's Green River Basin, including several already-producing soda-ash (trona) royalties (Alchem, American Soda, Big Island, Granger, Westvaco, all 8% production royalties). URC is therefore no longer accurately described as "pure-play uranium" -- it now derives real, current cash flow from both uranium and non-uranium (soda-ash) royalties, while retaining upside from the land package's oil-and-gas, critical-minerals and renewable-development potential. Currently cash-flowing uranium interests include: a 1% gross overriding royalty on ~9% of Orano's ~30.2% ownership share of McArthur River production (Saskatchewan; Cameco-operated; URC elects to receive proceeds as physical uranium), a 10-20% sliding-scale net profits interest on ~3.75% of Orano's ~40.45% ownership share of Cigar Lake production (Saskatchewan; Cameco/Orano JV; 2026 guidance 17.5-18.0 million lbs U3O8 on a 100% basis) and a similar sliding-scale NPI on ~7.5% of overall Dawn Lake production, an A$0.12/kg production royalty on Paladin Energy's restarted Langer Heinrich mine (Namibia -- see PDN, this same batch), and Gross Revenue Royalties (1% and 4%, two separate arrangements) on Peninsula Energy's Lance Project (Wyoming). The portfolio also holds a Churchrock royalty (Laramide Resources, New Mexico; a Gross Overriding Royalty of 6% 'Mine Price,' additional interest acquired Aug 2024 for US$3.5M) and other earlier-stage uranium interests. As a royalty holder, Uranium Royalty Corp owns no mine itself and operates none of these assets.