VANCOUVER, BC, August 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 semi-annual index rebalance. The ETF Global X Uranium is one of the most important indices of the nuclear and uranium industry in the world.
URC is the only uranium royalty company. The Company focuses on uranium price exposure by making strategic investments in uranium interests, including royalties, flows, debt and equity investments in uranium companies, as well than through holdings of physical uranium.
CEO of URC, Scott Melbye, said: “The addition of RCUs 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 when investors are seeking exposure to the green and carbon-free nuclear energy thanks to uranium. actions. “
“The global megatrend towards the rapid decarbonization of our energy sector is clearly playing into the strengths of nuclear power. Meanwhile, improving fundamentals of uranium supply and demand, driven by strong growth in demand and a substantial rationalization of global production, is expected to lead to a potential recovery in uranium prices in the short term.
About Uranium Royalty Corp.
Uranium Royalty Corp. (URC) is a pure uranium royalty company focused on exposure to uranium prices by making strategic investments in uranium interests, including royalties, flows, debt and investments in shares in uranium companies, as well as through holdings in physical uranium.
Certain statements contained in this press release may constitute “forward-looking information”, including those concerning the Company’s expectations regarding the uranium markets. Forward-looking information includes statements that deal with or discuss activities, events or developments that the Company expects or anticipates might occur in the future. When used in this press release, words such as “believes”, “expects”, “plans”, “plans”, “will”, “believes”, “intends”, “Should”, “could”, “could” and other similar terminology is intended to identify such forward-looking information. Statements constituting forward-looking information reflect the current expectations and beliefs of the management of the Company. These statements involve material uncertainties, known and unknown risks, uncertainties and other factors and, therefore, the actual results, performance or achievements of the Company and its industry may differ materially from those implied by these forward-looking statements. . They should not be interpreted as a guarantee of future performance or results and will not necessarily constitute a precise indication of whether or not such results will be obtained. A number of factors could cause actual results to differ materially from such forward-looking information, including, without limitation, risks inherent in royalty companies, uranium price volatility, risks associated with operators of the projects underlying the Company’s existing and proposed interests and those other risks described in documents filed with Canadian securities regulators and the United States Securities and Exchange Commission. These and other risks could cause actual results and events to vary significantly. Therefore, readers should exercise caution in relying on forward-looking information and the Company makes no commitment to revise it publicly 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 the policies of the TSX-V) accepts responsibility for the adequacy or accuracy. of this press release.
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SOURCE Uranium Royalty Corp.
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