Core Viewpoint - The SEC has declared effective the registration statement for the proposed business combination between Eagle Nuclear Energy Corp. and Spring Valley Acquisition Corp. II, which is set to be voted on by shareholders on February 23, 2026, with the potential for the combined company to trade on Nasdaq under the ticker symbols "NUCL" and "NUCLW" [1][3][9] Company Overview - Eagle Energy Metals Corp. is a next-generation nuclear energy company that holds rights to the largest open pit-constrained uranium deposit in the U.S., located in southeastern Oregon, which includes the Aurora deposit with 32.75 million pounds of indicated and 4.98 million pounds of inferred uranium resources [6][7] - The company aims to integrate advanced Small Modular Reactor (SMR) technology with its uranium assets to enhance its position in the nuclear industry [6][7] Business Combination Details - The Extraordinary General Meeting for SVII shareholders is scheduled for February 23, 2026, with a record date of January 5, 2026, allowing shareholders to vote on the proposed business combination [1][2][4] - Upon completion of the business combination, SVII and Eagle will become wholly-owned subsidiaries of New Eagle, which will then be publicly traded [3][4] Shareholder Participation - SVII shareholders of record are entitled to vote at the Extraordinary General Meeting, and those wishing to redeem their shares must do so by February 19, 2026 [2][5] - The meeting will be held virtually and in-person, and shareholders are encouraged to vote via proxy in advance [5]
Eagle Energy Metals Corp. and Spring Valley Acquisition Corp. II Announce Effectiveness of Registration Statement and Record and Meeting Dates for Extraordinary General Meeting of Shareholders to Approve Proposed Business Combination
Globenewswire·2026-02-02 12:00