Advertisement – On behalf of Uranium Royalty Corp. and IsoEnergy Ltd. SRC swiss resource capital AG has paid investor relations consulting agreements with both companies. Producer: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: November 14, 2026, 9:35 a.m. Berlin/Zurich ·
++ Countries Are Strengthening Nuclear Energy and Uranium Supply ++
Dear Readers,
Canada’s 2026 budget allocates more than 50 billion CAD for the electricity system; grid capacity is set to double by 2050. CAD 518.5 million is earmarked for the nuclear strategy over five years starting in 2027/28. These funds are intended to strengthen research, supply chains, the workforce, and regulation.
Kazakhstan’s President Kassym-Shomart Tokayev supports exploring the creation of a strategic uranium reserve to ensure the long-term supply of planned nuclear power plants. According to a November 5 statement from the presidential office, Uzbekistan aims to increase annual uranium production from a planned 7,500 metric tons in 2026 to 15,000 metric tons by 2030. Explored reserves are also expected to grow; both are objectives.
The International Energy Agency expects an average annual growth rate of 2.8 percent in global nuclear power generation from 2026 to 2030. This underscores the importance of reliable uranium supplies. At the same time, Uzbekistan’s expansion target indicates that supply is also set to grow.
Uranium Royalty Expands Its Portfolio
Uranium Royalty - https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ - holds, among other assets, royalties at McArthur River and Cigar Lake. On July 27, the Sweetwater transaction was completed: approximately 92 percent of companies holding trona royalties and land rights were consolidated under a new U.S. parent company. This expands the business beyond uranium.
For the quarter ending July 31, the company reported a net profit of $16.3 million. Sales of physical uranium contributed significantly to this result. The expanded portfolio is expected to enable further uranium royalties.
IsoEnergy Confirms New Uranium Zones
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - owns 100 percent of Larocque East in Saskatchewan. On November 5, the company reported for LE26-254, starting at 331.5 meters, 4.17 percent U₃O₈ over 2.0 meters, including 15.4 percent over 0.5 meters. This refers to the length of the drill hole, not a confirmed true thickness. The lab results update the earlier radioactivity reports.
Upon closing the transaction on August 19, IsoEnergy held approximately 33 percent of DISA Uranium on a fully diluted basis, following the contribution of its Utah portfolio. On November 10, IsoEnergy agreed to acquire additional shares in Premier American Uranium: Upon completion, this would represent approximately 22.1 percent on an undiluted basis. The transaction remains subject to, among other things, TSX approval.
Conclusion: Uranium supply remains strategically important
Government expansion plans and the IEA forecast underscore the long-term importance of uranium supply. For Uranium Royalty, the focus is on developing its expanded portfolio; for IsoEnergy, it is on expanding its portfolio of investments and continuing exploration.
Current company information and press releases: https://www.resource-capital.ch/de/unternehmen/uranium-royalty-corp/ and https://www.resource-capital.ch/de/unternehmen/iso-energy-ltd/
For further information, see our Uranium Report 2026/03: https://www.resource-capital.ch/de/reports/ansicht/uran-report-2026-03/
Best of luck and warm regards from Switzerland,
Yours,
Marc Ollinger
Swiss Resource Capital AG
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Sources: Canada, Budget 2026, Nov. 5, 2026 · Akorda, State of the Nation Address, accessed Nov. 12, 2026 · Office of the President of Uzbekistan, Navoiyuran Plans, Nov. 5, 2026 · IEA, Electricity 2026 Supply, February 6, 2026 · Uranium Royalty, Sweetwater Agreement, July 27, 2026 · Uranium Royalty, Quarter Ending July 31, 2026, September 14, 2026 · IsoEnergy, DISA Agreement, August 19, 2026 · IsoEnergy, Larocque East lab results, November 5, 2026 · IsoEnergy, Premier American transaction, November 10, 2026 · IsoEnergy, Larocque East property, accessed November 12, 2026; Cover image: AI-generated symbolic illustration
Transparency and Conflicts of Interest
Creator and Publisher: SRC swiss resource capital AG, Poststrasse 1, 9100 Herisau, Switzerland. Author: Ingrid Heinritzi. Issuers Discussed: Uranium Royalty Corp. (U.S. parent company; Nasdaq: UROY) and IsoEnergy Ltd. (TSX: ISO; NYSE American: ISOU). This article is distributed on behalf of both companies as part of paid investor relations consulting agreements with SRC. These paid relationships constitute a financial interest in positive coverage.
The author and SRC do not hold any positions in the issuers discussed. Issuers’ ownership stake in SRC of at least 5 percent: no. Market-making, lead/co-lead manager, and investment banking relationships: no. Other relevant interests: none. Prior review by the issuers: The issuers did not receive the article in advance for review and/or approval. Applicability of Section 18(2) MStV / responsible person: Marc Ollinger, CEO of SRC.
Methodology and Risks
Date of publication and source cutoff date: November 12, 2026, 5:13 p.m. CET. Sources: Government agencies, IEA, and original press releases. Company information has been cross-checked but not independently verified from a technical or economic perspective. No proprietary resource estimates, feasibility studies, or valuations. Forecasts and government plans are not guaranteed outcomes.
Technical source for Larocque East: IsoEnergy, November 5, 2026; ownership: project website. Qualified Person (QP) for the original press release: Dr. Dan Brisbin, P.Geo., Vice President of Geology at IsoEnergy; not independent due to his corporate role. His approval under NI 43-101 applies to the original press release, not this article. Data verification included laboratory/radiometric cross-checks and interval checks. Laboratory U₃O₈ grades must be distinguished from radioactivity. True thicknesses are undetermined; the 0.5-meter sub-interval is included within the 2.0-meter interval. No resource estimate is provided in the article. The Uranium Royalty reports cited do not name a technical QP.
DISA stake: As of August 19, 2026. Premier American stake: conditional upon closing, undiluted. Forward-looking statements are based on expectations of the sources cited. Financing, permits, and implementation may differ from expectations. Uranium and soda prices, exchange rates, operator and counterparty risks, exploration risks, costs, and dilution may significantly affect results and stock values. A total loss is possible. Cover image: AI-generated symbolic illustration; not a real asset or property of the issuers.
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AI was used for research, editing, and the cover image. Editorial responsibility and final human review prior to publication remain with SRC. © 2026 SRC swiss resource capital AG. Redistribution requires consent or legal authorization.
