VANCOUVER, BC, Oct. 14, 2020 /CNW/ - Uranium Royalty Corp.
("URC" or the "Company") announces that its Board of
Directors has appointed Neil Gregson
as a director of the Company, effective immediately.
Scott Melbye, President and CEO
commented: "We are delighted that Neil has agreed to join the URC
Board. Having successfully run one of the world's largest commodity
focused funds at J.P. Morgan Asset Management in London for the past 9 years, Neil's vast
expertise will be invaluable in supporting the Company's ongoing
business plan of growing its strategic royalty and streaming
investments in the global uranium mining industry."
Neil Gregson commented: "I am
pleased to join the Board of URC, the only pure-play publicly
traded royalty company in the uranium sector, and I look
forward to working with the experienced team to rapidly advance the
uranium royalty business. In recent years, the royalty and
streaming business model has dramatically emerged to become a
crucial component in mine development finance. I am grateful to
share my technical mining and international investment experience
with URC and to work with the team to further enhance shareholder
value."
Mr. Gregson is a qualified mining engineer with 30 years of
experience in the resources sector. His most recent role was as
portfolio manager at J.P. Morgan Asset Management Global Equities
Team based in London where he was
responsible for global natural resources mandates. He held prior
investment management roles at CQS Asset Management as a Senior
Portfolio Manager focused on natural resources and at Credit Suisse
Asset Management as Head of Emerging Markets and related
sector funds. Neil has an Honours Degree in Mining Engineering from
Nottingham University and began
his career in 1984 with Anglo
American in South
Africa.
About Uranium Royalty Corp.
Uranium Royalty Corp. is a pure-play uranium royalty company
focused on gaining exposure to uranium prices by making strategic
investments in uranium interests, including royalties, streams,
debt and equity investments in uranium companies, as well as
through holdings of physical uranium. The Company's strategy
recognizes the inherent cyclicality of valuations based on uranium
prices, including the impact of such cyclicality on the
availability of capital within the uranium sector and the current
historically low uranium pricing environment. The Company intends
to execute on its strategy by leveraging the deep industry
knowledge and expertise of its management team and the Board 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.
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that term is defined in policies of the TSX-V) accepts
responsibility for the adequacy or accuracy of this
release.
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SOURCE Uranium Royalty Corp.