VANCOUVER, British Columbia, May 31, 2021 / PRNewswire / – Uranium Royalty Corp. (TSXV: URC) (NASDAQ: UROY) (“URC” or the “Company”) announced today the granting of incentive stock options to purchase 725,000 common shares of the Company (the “Options”) to certain directors, officers, employees and consultants of the Company in accordance with the The Company’s long-term incentive plan (the “Plan”), which included 450,000 options issued to directors and officers of the Company. The options have an exercise price of $ 3.49 per share, representing the market price of ordinary shares on May 28, 2021, and are valid for a period of five years. The options vest over a period of eighteen months.
The Company further announces that it has entered into a digital marketing agreement with Wallace Hill Partners Ltd. (“WHP”), an independent company that provides digital marketing services to public companies. The engagement has a duration of 12 months and can be terminated by the Company at any time. In accordance with the agreement, the Company will pay $ 100,000 to WHP for the services provided hereunder, including, but not limited to, online marketing and publishing services through internal and third party advertisers, to further increase the profile of the Company. In addition to the option grants to directors, officers, employees and consultants mentioned above, the company has granted options to purchase 150,000 common shares of the company to WHP. These options have an exercise price of $ 3.49 per share and are valid for a period of two years. Options vest gradually over a 12-month period.
About Uranium Royalty Corp.
Uranium Royalty Corp. (URC) is a pure-play uranium royalties company focused on obtaining exposure to uranium prices by making strategic investments in uranium interests, including royalties, streams, securities. debt and equity investments in uranium companies, as well as through uranium.
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SOURCE Uranium Royalty Corp.