DESIGNATED NEWS RELEASE
VANCOUVER, BC, Nov. 28,
2023 /PRNewswire/ - Uranium Royalty Corp.
(NASDAQ: UROY) (TSX: URC) ("URC" or the
"Company") is pleased to announce the publication of its
inaugural 2023 Sustainability Report. This report presents the
Company's approach and performance on sustainability initiatives
and outlines sustainability strategy and goals for the future.
FY23 Sustainability Report Highlights
- Bolstered the Company's strong due diligence process through
strengthened focus on sustainability-related risks of operators,
reviewing 100% of deals with the Company's enhanced sustainability
due diligence approach;
- Strengthened the Company's corporate risk management
function;
- Approved Sustainability Policy, Anti-Corruption Policy and
Corporate Disclosure Policy to reinforce the Company's commitment
to sustainability and strong corporate governance;
- Achieved executive-management diversity of 33% female and 33%
ethnically-diverse representation; and
- Donated approximately US$48,000
to local community programs.
Scott Melbye, the Company's Chief
Executive Officer, stated: "I am proud to present our inaugural
2023 Sustainability Report for Uranium Royalty Corp., the first and
only pure play uranium royalty company. As a relatively young
company, we are proud of our growing portfolio of 20 interests on
18 development, advanced, permitted and producing uranium projects
in key uranium jurisdictions. As the first company to apply the
successful royalty and streaming business model exclusively to the
uranium sector, we leverage our first-mover advantage through
providing needed capital to producing, developing, and next
generation uranium mining companies. This supports our mission to
fuel a cleaner tomorrow through carbon-free nuclear energy."
He continued, "As a royalty company, we play an important role
in promoting sustainability and innovation in mining. We carefully
screen and seek to select operators who share our principles of
responsible environmental stewardship and strong community support,
and we strive to develop long-term relationships based on mutual
commitment to those principles."
About Uranium 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 trading of physical uranium.
Forward Looking Statements
Certain statements in this news release may constitute
"forward looking information" and "forward looking statements", as
defined under applicable Canadian and U.S. securities laws
("forward looking statements"), including market expectations and
the Company's strategy and business plans, which ultimately remains
the subject of the Company's discretion. Forward looking statements
include statements that address or discuss activities, events or
developments that the Company expects or anticipates may occur in
the future. When used in this news release, words such as
"estimates", "expects", "plans", "anticipates", "will", "believes",
"intends" "should", "could", "may" and other similar terminology
are intended to identify such forward looking statements. Forward
looking statements reflect the current expectations and beliefs of
the Company's management. These statements involve significant
uncertainties, known and unknown risks, uncertainties and other
factors and, therefore, actual results, performance or achievements
of the Company and its industry may be materially different from
those implied by such forward looking statements. They should not
be read as a guarantee of future performance or results, and will
not necessarily be an accurate indication of whether or not such
results will be achieved. A number of factors could cause actual
results to differ materially from such forward looking statements,
including, without limitation, risks inherent to royalty companies,
any failures by counterparties to perform their respective
obligations, market conditions, share price, uranium price
volatility and risks related to the operators of the projects
underlying the Company's existing and proposed interests and those
other risks described in filings with Canadian securities
regulators and the U.S. Securities and Exchange Commission. These
risks, as well as others, could cause actual results and events to
vary significantly. Accordingly, readers should exercise caution in
relying upon forward looking statements and the Company undertakes
no obligation to publicly revise them to reflect subsequent events
or circumstances, except as required by law.
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SOURCE Uranium Royalty Corp.
