Eagle Nuclear Energy Corp. Common stock

Eagle Nuclear Energy Corp. CEO Mark Mukhija said in an interview that US nuclear utilities are approaching an inflection point that could trigger a new wave of uranium contracting. The United States consumed 50 million pounds of uranium in 2024 while producing only 677,000 pounds, a structural deficit that Eagle aims to address with its Aurora project in Oregon, which hosts an indicated resource of 32.75 million pounds. The company is awaiting state approvals for a drill program to support a pre-feasibility study targeted for the second half of 2027, with a baseline production estimate of 2032. Eagle, which began trading on Nasdaq in February 2026 after a business combination, was added to the Solactive Global Uranium and Nuclear Components Total Return Index in early August, qualifying it for the Global X Uranium ETF. The company is also developing small modular reactor designs as part of an integrated nuclear energy platform.

Eagle Nuclear Energy Corp. has engaged CBIZ CPAs P.C. as its independent registered public accounting firm following a thorough evaluation by its Audit Committee and approval from the Board of Directors. The company, which owns one of the largest conventional, measured and indicated uranium deposits in the United States, is advancing its flagship Aurora Uranium Project toward a Pre-Feasibility Study scheduled for completion in late 2027. CEO Mark Mukhija stated that CBIZ CPAs brings specialized expertise across the energy and mining sectors. Eagle Nuclear Energy went public in February 2026 and is building an integrated nuclear energy platform that combines domestic uranium resources with advanced small modular reactor technology.

Eagle Nuclear Energy provided a second-quarter corporate update highlighting progress on its Aurora Uranium Project and Small Modular Reactor technology. The company completed key environmental and site-readiness initiatives at Aurora, launched an expansive environmental baseline studies campaign, and filed permit applications with the Bureau of Land Management and the Oregon Department of Geology and Mineral Industries. Eagle also engaged Tensor Medium Corporation to bring AI-enabled reactor modeling to its SMR program and announced partnerships with Yukuskon Professional Services, BBA USA and SLR International to support the Aurora drill program. As of May 31, 2026, the company held a cash balance of $28.1 million with no interest-bearing debt. The Aurora deposit contains 32.75 million pounds of indicated and 4.98 million pounds of inferred uranium resources, making it the largest conventional measured and indicated uranium deposit in the United States.