Uranium Royalty Corp. has filed a prospectus supplement to its August 5, 2025 short form base shelf prospectus, qualifying an at-the-market equity offering of up to US$54 million, or about C$74.6 million at the Bank of Canada’s exchange rate at the time of filing. The program, governed by an equity distribution agreement dated August 20, 2025, allows the company to issue common shares periodically through designated agents in both Canada and the United States.

The Canadian agents include BMO Nesbitt Burns Inc., Canaccord Genuity Corp., National Bank Financial Inc., Paradigm Capital Inc., TD Securities Inc. and Raymond James Ltd., while the U.S. syndicate comprises BMO Capital Markets Corp., Canaccord Genuity LLC, H.C. Wainwright & Co., National Bank of Canada Financial Inc., TD Securities (USA) LLC and Raymond James (USA) Ltd.

Legal counsel for Uranium Royalty is being provided by Sangra Moller LLP in Canada and Haynes and Boone, LLP in the United States. The agents are advised by Borden Ladner Gervais LLP in Canada and DLA Piper LLP (US) in the United States. Proceeds from the offering will support acquisitions of royalties, streams, physical uranium holdings and general working capital.