Uranium Royalty Corp. announced that its wholly-owned subsidiary has received CAD 2.65 million from Laramide Resources Ltd. as full repayment of principal and interest under a promissory note. The Note was acquired by the Company pursuant to a strategic transaction with Westwater Resources Inc. in August 2019, whereby URC acquired the Note and a portfolio of four uranium royalties for total consideration of CAD 3.68 million. The four royalties consisted of a 4% net smelter return royalty on the Church Rock property, a 30% net proceeds royalty on a portion of the Dewey-Burdock property, a 4% gross revenues royalty on a portion of the Lance property and a 4% gross revenues royalty on a portion of the Roca Honda property.