6-K
Uranium Royalty Corp. (UROY)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM6-K
Reportof Foreign Private Issuer
Pursuant to Rule 13****a-16or 15d-16
UNDERthe Securities Exchange Act of 1934
For the month of December 2021
Commission File No.: 001-40359
UraniumRoyalty Corp.
(Translation of registrant’s name into English)
Suite1830, 1030 West Georgia Street
Vancouver,British Columbia, V6E 2Y3, Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☐ Form 40-F ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): __
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): __
INCORPORATIONBY REFERENCE
This Report on Form 6-K shall be deemed to be incorporated by reference into the registration statement on Form F-10, as amended (Registration No. 333-256822) of Uranium Royalty Corp. (including any prospectuses forming a part of such registration statements) and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Uranium Royalty Corp. | ||
|---|---|---|
| Date:<br> December 14, 2021 | By: | /s/ Josephine Man |
| Name: | Josephine<br> Man | |
| Title: | Chief<br> Financial Officer |
EXHIBITINDEX
| Exhibit | Description of Exhibit |
|---|---|
| 99.1 | Press Release dated December 14, 2021 |
Exhibit99.1

UraniumRoyalty Corp. Files Quarterly Report, Expands Physical Uranium
Inventory and Increases Margin Loan Facility
Thisnews release constitutes a “designated news release” for the purposes of the Company’s prospectus
supplement datedAugust 18, 2021 to its short form base shelf prospectus dated June 16, 2021.
Vancouver,British Columbia, Canada, December 14, 2021 – Uranium Royalty Corp. (NASDAQ: UROY, TSX-V:URC) (“URC” or the “Company”) announces that it has published its unaudited interim consolidated financial statements for the three and six months ended October 31, 2021 (the “Interim Period”), which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov.
As at December 13, 2021, the Company had approximately C$104 million in cash, marketable securities and physical uranium holdings.
PhysicalUranium Inventory Expanded
The Company increased its physical uranium inventory by 300,000 pounds to 1,348,068 pounds, with an overall weighted average acquisition price of US$39.80 per pound.
Also, as previously announced on December 2, 2021, the Company entered into a supply stream agreement with CGN Global Uranium Limited for 500,000 pounds delivered in 2023 through 2025 at a weighted average price of US$47.71 per pound.
IncreasedBalance Sheet Strength
The Company announces that it has amended its previously announced margin loan facility with the Bank of Montreal to increase the commitment amount by US$5 million to US$15 million, among other amendments. In connection therewith, the Company drew an additional US$5 million as required by the amendment, for a total of US$10.175 million principal amount currently outstanding.
During the Interim Period, the Company received C$2,452,141 and US$9,640,681 from sales through the facilities of the TSX-V and NASDAQ, respectively with the issuance of 2,457,339 common shares pursuant to its previously announced at-the-market equity program.
AboutUranium 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 holdings of physical uranium. The Company is well positioned as a capital provider to an industry needing massive investments in global productive capacity to meet the growing need for uranium as fuel for carbon-free nuclear energy. URC has deep industry knowledge and expertise to identify and evaluate investment opportunities in the uranium industry. The Company’s management and the Board include individuals with decades of combined experience in the uranium and nuclear energy sectors, including specific expertise in mine finance, project identification and evaluation, mine development and uranium sales and trading.
| Contact:<br><br> <br><br><br> <br>Scott<br> Melbye – Chief Executive Officer<br><br> <br>Email:<br> smelbye@uraniumroyalty.com | Corporate Office:<br><br> <br><br><br> <br>1030<br> West Georgia Street, Suite 1830,<br><br> <br>Vancouver,<br> BC, V6E 2Y3<br><br> <br>Phone:<br> 604.396.8222 |
|---|---|
| Investor Relations:<br><br> <br>****<br><br> <br><br><br><br><br>Toll<br>Free: 1.855.396.8222<br><br><br><br>Email:<br>info@uraniumroyalty.com<br><br><br><br>Website:<br>www.UraniumRoyalty.com |
Neitherthe TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacyor accuracy of this release.