Pure-play uranium royalty firm heads for TSX-V

Pure-play uranium royalty company Uranium Royalty (URC) has raised C$30-million in an initial public offering (IPO) and expects to start trading on the TSX-V this week.

The IPO consisted of the issuance of 20 000 000 units at $1.50 each, comprising one common share of the company and one common share purchase warrant.