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Eagle Nuclear Energy Provides First Quarter 2026 Corporate Update [Yahoo! Finance]

Eagle Nuclear Energy Corp. - Common stock (NUCL) 
Company Research Source: Yahoo! Finance
next-generation nuclear energy company which owns the largest conventional, measured and indicated uranium deposit in the United States, today announced a corporate update and financial results for the first quarter of 2026, ending February 28, 2026. Management Commentary “During the first quarter, Eagle made significant progress as we completed our business combination with Spring Valley Aqcuisition Corp. II, commenced trading on the Nasdaq, and simultaneously advanced our flagship Aurora Uranium Project (“Aurora”) site,” stated, Mark Mukhija, Eagle's CEO. “In subsequent weeks, we have seen that momentum continue, led by the announcement of our drill program plan at Aurora which is scheduled to commence in July 2026. The 47 diamond drill hole program, collectively totaling 27,000 ft of drilling, advances one of the largest undeveloped uranium deposits in the U.S. toward a Pre-Feasibility Study (“PFS”), which is expected to be completed in the second half of 2027.” “Alongside ou Show less Read more
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