Uranium Royalty Corp (TSE:URC) has released an update.
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Uranium Royalty Corp. has expanded its investment in the American uranium sector by purchasing additional royalty interests in the Churchrock Project in New Mexico, which boasts significant ISR uranium resources. The acquisition, valued at US$3.5 million, aligns with recent U.S. legislation aimed at strengthening domestic uranium production and reducing reliance on foreign imports.
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