Uranium Royalty Corp. UROY

•references to "$" or "dollars" are to U.S. dollars, which is our reporting currency, unless otherwise stated; and references to "C$" are to Canadian dollars;

•references as used herein, "Greenfield" mean a proposed trona mining and soda ash development project located on previously undeveloped lands or mineral interests where no commercial trona mining or soda ash production has previously occurred and for which significant exploration, technical evaluation, permitting, infrastructure development, construction and capital investment are required prior to the commencement of commercial production;

•references to "GRR" mean gross revenue royalty, a form of royalty interest entitling the holder thereof to a share of the total revenue stream from the sale of production from a property, which may or may not include deductions. GRR may also be referred to as a "gross value royalty", or GVR, a "gross proceeds royalty", or GPR, or a "gross overriding royalty", or "GORR";