UROY just had one of its biggest daily volume days ever ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Katusa's Investment Insights October 25, 2024 Uranium's Bull Market Is Here—This Is Just the Beginning **Disseminated on behalf of Uranium Royalty Corp**   If you think nuclear power is old news, think again. In a new, exclusive interview, Marin Katusa sits down with Scott Melbye, CEO of Uranium Royalty Corp (UROY). They reveal why uranium is about to experience an unprecedented surge on the back of major nuclear energy demand—and how you can capitalize on it.   Click here to watch the interview now In this must-see conversation, Marin and Scott discuss: AI’s Insatiable Power Demand – Tech giants like Google, Amazon, and Microsoft are driving uranium demand to new heights to fuel their data centers. There are no signs of slowing down to secure power and electricity. Geopolitical Supply Squeeze – With Russia and China securing most of Kazakhstan’s uranium, the West is scrambling for stable, long-term supplies. Cash Flow Incoming: Major Mines Coming Online The imminent cash flow from world-class uranium mines like McArthur River and Cigar Lake makes UROY attractive. These aren’t speculative projects—cash flow is expected soon, giving investors confidence that the company’s growth is tangible and not just theoretical. If you’re serious about investing in the future of energy—and capitalizing on the rise of AI—this interview is essential viewing. Scott’s insights in the industry come with deep knowledge and contacts, and gives you the edge you need to make an informed position. Including… Physical Uranium Supply Is Drying Up - There isn’t enough physical uranium available, even with $400 million in hand—it’s already locked in. UROY secured its supply when uranium was just $25 per pound, and today it’s worth much more. With demand soaring and supply tight, it’s a seller’s market. Geopolitical Tensions: Uranium Prices Could Rally Higher - Cheap uranium from Kazakhstan is a thing of the past. Rising costs, shrinking supplies, and geopolitical tensions between the West and BRICS countries are pushing prices up. Uranium Royalty Corp is perfectly positioned with assets in North America and Africa to fill this gap. UROY’s Irreplaceable Portfolio - UROY’s portfolio is one-of-a-kind, with royalties on top-tier assets like Roughrider and McArthur River. No competitor can replicate what they’ve built. This gives UROY a moat that positions it as a future leader in the uranium space. Watch the Full Interview Here If you’ve been waiting to catch up on Nuclear Power and Uranium, this isn’t an interview you want to miss. Best, Anthony Ford Publisher, Katusa Research For Real-Time Market Alerts, Follow Us: Share Tweet Share Copyright © 2024, Katusa Research, All rights reserved. PLEASE READ: RETURNS AND TESTIMONIAL DISCLOSURE  Contact Us | Privacy | Terms & Conditions   IMPORTANT DISCLAIMER & DISCLOSURES Investing in stocks is HIGH RISK. You could lose All of your investment. Katusa Research, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction. Please do not rely on the information presented by Katusa Research as personal investment advice. If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor. The communications from Katusa Research should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies. Uranium Royalty Corp is a paid sponsor of this report. The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom. Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter. Katusa Research nor any employee of Katusa Research is not registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. Katusa Research, its owners, directors, and employees are also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity. HIGHLY BIASED: In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Katusa Research partner company, New Era Publishing Inc. has received cash compensation in the amount of $1.25M from Uranium Royalty Corp and is thus extremely biased . It is crucial that you conduct your own research prior to investing. This includes reading the companies' SEDAR and SEC filings, press releases, and risk disclosures. The information contained herein regarding Uranium Royalty Corp. has been derived from its SEDAR+ and SEC filings, including scientific and technical information regarding its royalty assets which has been reviewed and approved by Darcy Hirsekorn, its Chief Technical Officer and is a professional geoscientist in Saskatchewan and a qualified person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects and is registered as a professional geoscientist in Saskatchewan. Information regarding the projects underlying Uranium Royalty Corp.'s interests has been derived from the publicly available disclosure of the underlying operators and owners, including where referenced herein. Katusa Research, and its directors, employees, and members of their households directly own or may own shares of Uranium Royalty Corp (UROY/UROY.TSX). Therefore, Katusa Research is extremely biased. Measures are in place such that no shares will be sold during the active awareness campaign. HIGH RISK: The securities issued by the companies we feature should be seen as high risk; if you choose to invest, despite these warnings, you may lose your entire investment. You must be aware of the risks and be willing to accept them in order to invest in financial instruments, including stocks, options, and futures. NOT PROFESSIONAL ADVICE: By reading this, you agree to all of the following: You understand this to be an expression of opinions and NOT professional advice. You are solely responsible for the use of any content and hold Katusa Research, and all partners, members, and affiliates harmless in any event or claim. While Katusa Research strives to provide accurate and reliable information sourced from believed-to-be trustworthy sources, we cannot guarantee the accuracy or reliability of the information. The information provided reflects conditions as they are at the moment of writing and not at any future date. Katusa Research is not obligated to update, correct, or revise the information post-publication. FORWARD-LOOKING STATEMENTS: Certain information presented may contain or be considered forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in these statements. There can be no assurance that any such statements will prove to be accurate, and readers should not place undue reliance on such information. These statements are subject to known and unknown risks including those set forth in Uranium Royalty Corp.'s most recent annual information form and other public filings available at www.sedarplus.ca and www.sec.gov. Neither Katusa Research nor Uranium Royalty Corp. undertake any obligations to update the information presented or to ensure that such information remains current and accurate, except as required under applicable law.

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