# EDGAR Filing Document

**Accession Number:** 0001711570
**File Stem:** 0001493152-23-003865
**Filing Date:** 2023-2
**Character Count:** 9348
**Document Hash:** 282301a847d66e4845a6eb9b1e53e986
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-003865.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001493152-23-003865

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20230207

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230207

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Uranium Royalty Corp.
- **CENTRAL INDEX KEY:** 0001711570
- **STANDARD INDUSTRIAL CLASSIFICATION:** [6221]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40359
- **FILM NUMBER:** 23595904

**BUSINESS ADDRESS:**
- **STREET 1:** 1030 WEST GEORGIA STREET
- **STREET 2:** SUITE 1830
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6E 2Y3
- **BUSINESS PHONE:** (604) 630-1000

**MAIL ADDRESS:**
- **STREET 1:** 1030 WEST GEORGIA STREET
- **STREET 2:** SUITE 1830
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6E 2Y3

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**Report of Foreign Private Issuer**

**Pursuant to Rule 13** **a-16 or 15d-16**

**UNDER the Securities Exchange Act of 1934**

For the month of February 2023

Commission File No.: 001-40359

**Uranium Royalty Corp.**

(Translation of registrant's name into English)

**Suite 1830, 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): __

**INCORPORATION BY 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.

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| | | |
|:---|:---|:---|
|  | **Uranium Royalty Corp.** | **Uranium Royalty Corp.** |
| Date: February 7, 2023 | By: | */s/ Josephine Man* |
|  | Name: | Josephine Man |
|  | Title: | Chief Financial Officer |

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**EXHIBIT INDEX**

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| | |
|:---|:---|
| **Exhibit** | **Description of Exhibit** |
| 99.1 | [Press Release dated February 7, 2023](ex99-1.htm) |

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## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**Uranium Royalty Corp. Completes Acquisition of U.S. Uranium Royalty Portfolio from Anfield Energy Inc. and Expands Physical Uranium Holdings**

**DESIGNATED NEWS RELEASE**

**Vancouver, British Columbia, Canada, February 7, 2023 – Uranium Royalty Corp. (NASDAQ: UROY, TSX-V:URC)** ("**URC**" or the "**Company**") is pleased to announce the completion of its previously announced acquisition from Anfield Energy Inc. ("**Anfield**") of a portfolio of royalties on U.S. projects consisting of:

● U.S. Conventional Mining Royalty Portfolio:

● a 2% net smelter return royalty on portions of the San Rafael Project, located in Utah, USA and operated by Western Uranium & Vanadium Corp.;

● a 2 – 4% sliding scale gross value royalty on portions of the Whirlwind Project, located in Colorado and Utah, USA and operated by Energy Fuels Inc. ()"**Energy Fuels** "); and

● a 1% gross value royalty (applicable to uranium and vanadium sales) on portions of the Energy Queen Project, located in Utah, USA and operated by Energy Fuels.

● U.S. In-Situ Recovery (ISR) Royalty:

● a 2 – 4% sliding scale royalty on portions of the Dewey Burdock Project located in South Dakota, USA and operated by enCore Energy Corp.

Cash consideration of US$1.5 million was paid by the Company at closing.

***Physical Uranium Holdings***

The Company further announces that it has made additional uranium concentrate purchase commitments totaling 200,000 pounds U<sub>3</sub>O<sub>8 </sub>at an average cost of US$51.00 per pound. Deliveries will be made in February 2023 to URC's storage account with Cameco Corporation in Ontario, Canada. At the time of delivery, the purchase will be funded with cash on hand and available credit.

With these additions, URC will hold physical uranium inventories of 1,748,068 pounds, acquired at a weighted average cost of US$43.32 per pound. Based on the daily spot price published by TradeTech LLC on February 6, 2023 of US$50.50, the value of such holdings was US$88 million (C$118 million), representing an increase of 17% since the acquisition dates.

As previously disclosed, URC has also contracted future purchase commitments of 500,000 pounds U<sub>3</sub>O<sub>8</sub> through 2025 at a weighted average price of US$47.71 per pound.

***Quarterly Update***

As at January 31, 2023, the Company had approximately C$147 million in cash, marketable securities and physical uranium holdings. During the three months ended January 31, 2023, the Company distributed 1,962,702 common shares pursuant to its previously announced at-the-market equity program through the facilities of the TSX Venture Exchange and NASDAQ for gross proceeds of approximately C$7.0 million.

The Company plans to file its unaudited financial statements and related management's discussion and analysis for the three and nine months ended January 31, 2023 on or about March 16, 2023.

**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 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.

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| | |
|:---|:---|
| **Contact:**<br>Scott Melbye – Chief Executive Officer<br> Email: smelbye@uraniumroyalty.com<br>**Investor Relations:**<br>Toll Free: 1.855.396.8222<br> Email: info@uraniumroyalty.com<br> Website: www.UraniumRoyalty.com | **Corporate Office:**<br>1030 West Georgia Street, Suite 1830,<br> Vancouver, BC, V6E 2Y3<br> Phone: 604.396.8222 |

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**Forward Looking Statements**

Certain statements in this news release may constitute "forward-looking information" and "forward looking statements", as defined under applicable securities laws, including statements regarding expected filing of financial statements and contracted future uranium deliveries. 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, any counterparty risks and 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-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.*