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PRNewsWire
14 days ago
Uranium Royalty, Orion and Ontario Teachers' Pension Plan to Create a Leading Royalty Platform Through Combination of Uranium Royalty and Sweetwater Royalties
Creating a Cash-Flowing Royalty Leader with One of the Largest U.S. Land Positions, Offering Long-Term Potential Growth and Optionality Across Uranium and Critical Minerals at a Time of Renewed Focus on Domestic Supply Chains VANCOUVER, BC, April 16, 2026 /PRNewswire/ - Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) ("URC" or the "Company") is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") to combine with entities owning a 92% interest in Sweetwater Royalties ("Sweetwater") from funds managed by Orion Resource Partners LP ("Orion") and the Ontario Teachers' Pension Plan ("Ontario Teachers'", together with Orion, the "Sellers") (the "Transaction"). The Transaction implies a 100% enterprise value for Sweetwater of approximately US$1.9 billion (based on US$625 million of debt outstanding as of April 1, 2026) and an attributable equity value to be acquired by URC of approximately US$1.1 billion.