Uranium Royalty Completes Landmark Sweetwater Transaction Creating Leading Uranium and Land Royalty Company
Uranium Royalty Corp. completed its plan of arrangement with entities affiliated with Orion Resource Partners and Ontario Teachers' Pension Plan, forming a new US-domiciled parent company named Uranium Royalty Corp. (New URC). The transaction establishes the company as the second-largest public-company landowner in the US, excluding REITs, adding approximately 850,000 acres of surface rights and 4.5 million acres of mineral rights focused on Wyoming's Green River Basin.
Key figures
- Credit facility usd
- 50000000
- Uec shares acquired
- 28967375
- Bridge financing usd
- 40000000
- Mineral rights acres
- 4500000
- Surface rights acres
- 850000
- Accordion feature usd
- 25000000
- Total shares acquired
- 157814569
- Uec ownership percent
- 18.36%
- Production capacity increase
- 60%
AI analysis
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