other_material
confidence high
sentiment positive
materiality 0.50
Eagle Nuclear Q1 2026 update: cash $31.3M, no debt, drill program set for July
Eagle Nuclear Energy Corp.
- Cash balance of $31.3M at Feb 28, 2026; no interest-bearing debt outstanding.
- 47-hole diamond drill program (27,000 ft) at Aurora scheduled to start July 2026; PFS targeted for H2 2027.
- Completed business combination with Spring Valley in Feb 2026; Nasdaq listing under NUCL.
- Engaged SLR for permitting; filed BLM and DOGAMI applications for Aurora drill program.
- Joined Uranium Producers of America to support domestic supply chain.