UNDERWRITING AGREEMENTUnderwriting Agreement • October 12th, 2023 • Uranium Royalty Corp. • Commodity contracts brokers & dealers • British Columbia
BMO Nesbitt Burns Inc. (“BMO”), as the lead manager and sole bookrunner (the “Lead Underwriter”), and Canaccord Genuity Corp. (together with the Lead Underwriter, the “Underwriters” and each individually an “Underwriter”) hereby severally, and not jointly, nor jointly and severally, agree to purchase from Uranium Royalty Corp. (the “Company”) in the respective percentages set forth in Section 22 hereof, and the Company hereby agrees to issue and sell to the Underwriters, upon and subject to the terms hereof, an aggregate of 10,205,000 common shares of the Company (the “Firm Shares”) on an underwritten basis at a price of $2.94 per Firm Share (the “Offering Price”) for an aggregate purchase price of $30,002,700 (the “Offering”).
