VANCOUVER, BC, Aug. 3, 2021 /CNW/ - Uranium Royalty
Corp. (NASDAQ: UROY) (TSXV: URC) ("URC" or the
"Company") is pleased to announce that the Company has been
added to the Global X Uranium ETF as part of the bi-annual index
rebalancing. The Global X Uranium ETF is one of the most
important uranium and nuclear industry indexes globally.
URC is the only pure-play uranium royalty company. The Company
is 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.
URC's CEO, Scott Melbye, said:
"The addition of URC to the Global X Uranium ETF is an important
recognition of the value and growth potential of our royalty
business model and comes at a time at which investors are seeking
exposure to green, carbon-free nuclear energy through uranium
equities."
"The global mega-trend towards the rapid decarbonization of our
energy sector clearly plays into nuclear energy's strengths.
Meanwhile, the improving uranium supply and demand fundamentals,
driven by strong demand growth and substantial rationalization of
global production, should drive a potential recovery of uranium
prices in the short-term."
About Uranium Royalty Corp.
Uranium Royalty Corp. (URC) 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.
Forward Looking Information
Certain statements in this news release may constitute
"forward-looking information", including those regarding the
Company's expectations regarding uranium markets. Forward-looking
information includes 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 information.
Statements constituting forward-looking information 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 information, including,
without limitation, risks inherent to royalty companies, uranium
price volatility, 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 information and the Company undertakes
no obligation to publicly revise them to reflect subsequent events
or circumstances, except as required by law.
Neither the TSX Venture Exchange (the "TSX-V") nor its
Regulation Services Provider (as 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.