Uranium Royalty Corp. (traded on NASDAQ under ticker UROY) operates as the first and only pure-play royalty and streaming company focused exclusively on the uranium and nuclear fuel sector. Instead of directly exploring, constructing, or operating capital-intensive physical mines, the company provides upfront financing to mining operators in exchange for long-term gross revenue royalties, net smelter returns (NSR), or streaming rights on future uranium production. Additionally, the company holds physical stockpiles of refined uranium (U3O8) and trona mineral interests, giving public equity investors direct economic exposure to rising uranium prices without direct operational cost inflation or extraction risks.