On August 8, 2023, Uranium Royalty Corp. announced an at-the-market equity offering of up to USD $40 million (approximately CAD $53.4 million). The program, facilitated through BMO Nesbitt Burns Inc., Canaccord Genuity Corp., Paradigm Capital Inc., TD Securities Inc., and their U.S. affiliates, aimed to sell common shares on the TSX, Nasdaq, or other markets at prevailing prices. The offering, set to close on September 1, 2024, intended to fund acquisitions, uranium-related investments, and general purposes. Sangra Moller LLP and Haynes and Boone, LLP advised Uranium Royalty Corp., while DLA Piper represented the underwriters in Canada and the U.S.