Uranium Royalty closes US$40 million private placement with Uranium Energy at US$3.64 each

• Uranium Royalty closed a private placement of subscription receipts sold to Uranium Energy at US$ 3.64 each.
• Gross proceeds totaled US$ 40 million.
• Subscription receipts will convert into 10,989,011 common shares once escrow release conditions are met, including shareholder approval of Sweetwater Royalties combination.
• Uranium Energy stake would rise to 28,967,375 shares, or 18.4%, assuming conversion.
• Funds remain in escrow pending conditions, with a refund to Uranium Energy if conditions are not met by arrangement outside date or deal termination.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Uranium Royalty Corp. published the original content used to generate this news brief on May 01, 2026, and is solely responsible for the information contained therein.