Uranium Royalty Corp.

Uranium Royalty Corp. (URC) has filed and mailed its management information circular for a special meeting of shareholders on July 20, 2026. Shareholders will vote on a proposed plan of arrangement to combine URC with Sweetwater Investors' 92% interest in Sweetwater Entities under a new parent company, New URC. The transaction, valued at approximately $1.14 billion, will see Sweetwater Investors receive cash and New URC Shares, while URC shareholders will exchange their shares for New URC Shares on a one-for-one basis. The Board unanimously recommends voting FOR the Arrangement, citing immediate cash flow, enhanced scale, and the addition of supportive institutional investors.

Uranium Royalty Corp. (URC) is preparing for a proposed business combination to acquire Sweetwater Entities (SWTRE), which holds non-operating trona royalty interests in Wyoming's Green River Basin. This technical report, prepared for URC, details SWTRE's extensive mineral lease holdings, including royalty interests from major trona operators like WE Soda, Şişecam, American Soda, and Tata. The report outlines the property description, geology, and operational status, noting SWTRE's principal economic entitlement is generally an 8% production royalty. It also identifies inherent risks associated with trona mining and recommends URC gather supporting documentation for lease agreements.

Uranium Royalty Corp. announced the closing of a US$40 million private placement of subscription receipts to Uranium Energy Corp. (UEC). Each subscription receipt, priced at US$3.64, will automatically convert into one common share upon the satisfaction of escrow release conditions, including shareholder approval of the previously announced arrangement to combine with Sweetwater Royalties. This transaction will increase UEC's beneficial ownership in URC from approximately 12.27% to 18.40% upon conversion.

Uranium Royalty Corp. filed a Form 6-K announcing a Material Change Report dated April 27, 2026. The filing includes an Arrangement Agreement dated April 16, 2026, and multiple Voting and Support Agreements from the same date. These agreements involve "Sweetwater Investors" and entities such as Uranium Energy Corp., indicating a significant corporate transaction.