Eagle Energy Metals and Spring Valley Acquisition Corp. II Announce Closing of Business Combination

February 24, 2026 - 23:34

The newly formed entity resulting from the business combination between Eagle Energy Metals Corp. and Spring Valley Acquisition Corp. II is set to commence public trading. The company's common shares and warrants are scheduled to begin trading on the Nasdaq Capital Market starting February 25th. They will be listed under the new ticker symbols "NUCL" and "NUCLW," respectively.

This transaction marks a significant milestone for the company, which is focused on next-generation nuclear energy. The business possesses rights to what it describes as the largest conventional, measured and indicated uranium deposit within the United States. The completion of the merger provides the combined company with access to public capital markets, which is intended to accelerate the development of its strategic uranium assets.

Management expressed confidence that this step will enhance the company's ability to advance its projects. The leadership believes the transition to a publicly traded entity on a major exchange positions the firm to play a role in supporting domestic energy security and the growing demand for clean, baseload nuclear power. The company's operational focus will remain on the responsible development of its uranium resources.