SEC 8-K filings with transcript text
Sep 15, 2026
2 ex99-1.htm
Exhibit 99.1
Uranium Royalty Reports Results for the First Quarter of Fiscal Year 2027
Lakewood, Colorado – September 14, 2026 – Uranium Royalty Corp. (NASDAQ: UROY) (“UROY” or the “Company”) is pleased to announce the filing of its operating and financial results for the three months ended July 31, 2026.
First Quarter Financial Highlights
●The Company sold 593,255 pounds (lbs) of U3O8, generating revenue of $51.0 million at an average realized price of approximately $86.00/lb. This was slightly above the average of the UxC Historical Ux Daily Prices published from May 1 through July 31, 2026, of $85.45/lb. The related cost of sales was $34.1 million, or approximately $57.40/lb. The proceeds from these sales were used, in part, to finance the Company’s Sweetwater acquisition in July 2026. This highlights the value of the Company’s physical uranium strategy, demonstrating the ability to monetize holdings to fund accretive transactions and support continued growth.
●Net income increased by 1530% to $16.3 million for the three months ended July 31, 2026, compared to $1.0 million for the three months ended July 31, 2025.
●Diluted earnings per share increased by 900% to $0.10 for the three months ended July 31, 2026, compared to $0.01 for the same period in 2025.
First Quarter Operational Highlights
●Completed landmark Sweetwater transaction, creating a leading diversified royalty platform: The successful completion of the Sweetwater transaction materially enhanced the Company’s scale and long-term cash flow profile. The Company now holds one of the largest land positions in the U.S., positioning it to accelerate uranium-focused growth, while unlocking long-term optionality across critical minerals, energy and industrial development.
●Operator momentum supports uranium royalty portfolio outlook: Key counterparties have largely maintained production guidance across core assets. Cameco Corporation (“Cameco”) reiterated its 2026 production guidance at both Cigar Lake (17.5-18.0 million lbs, unchanged despite temporary disruptions) and McArthur River/Key Lake (14.0-16.5 million lbs, maintained), while Paladin Energy Ltd. (“Paladin”) announced that Langer Heinrich exceeded its production guidance for its fiscal year 2026 (4.82 million lbs vs guidance of 4.5-4.8 million lbs) and outlined further growth into 2027.(1) Collectively, this underscores the resilient operating performance and expected positive growth for the Company’s portfolio.
●Soda ash production underpinned by low-cost operator positioning: Operators across the Company’s Wyoming-based soda ash assets continue to demonstrate resilient performance and expansion potential. While the global soda ash industry continues to face macro headwinds, the Company’s royalty portfolio is concentrated with operators positioned at the lower end of the global cost curve. As a result, production across the Company’s assets has remained relatively stable, with cost advantages supporting continued operations and planned expansions.
●Unlocking additional value from Sweetwater land holdings: Approximately 38,000 acres were leased, with active exploration work being conducted to assess oil and gas potential. Acreage is located near established oil and gas production. UROY’s total land position (surface and minerals) exceeds 5.3 million acres, making the Company the largest landowner in Wyoming and the second largest publicly traded landowner in the United States. The scale and location of these holdings provide meaningful long-term potential to unlock additional value through oil and gas, critical minerals and other development opportunities.
Scott Melbye, Chief Executive Officer of the Company, stated:
“The successful completion of the Sweetwater transaction marked a defining milestone for the Company, transforming us into the largest American publicly traded non-precious metal royalty and streaming platform with a strong long-term cash flow profile and one of the largest strategic land positions in the United States.
At the same time, we remain the only uranium-focused royalty company. By monetizing physical uranium at a realized price above the market average, we funded the Sweetwater acquisition while delivering record net income of $16.3 million, and our uranium royalty counterparties, including Cameco at McArthur River and Cigar Lake, have largely maintained production guidance, reinforcing the stability and visibility of our core portfolio.
Across our soda ash assets, all in Wyoming, our exposure to operators at the lower end of the global cost curve continues to underpin resilient production and durable cash flow from domestic industrial supply chains.
Our land position adds further optionality. The lease of approximately 38,000 acres prospective for oil and gas development is a first example of the value these holdings can unlock across critical minerals and energy.
We believe this combination of long-term cash flow, high
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