Eagle Nuclear Energy Provides Second Quarter 2026 Corporate Update

About this update from Eagle Nuclear Energy Corp.

RENO, Nev., July 20, 2026 (GLOBE NEWSWIRE) -- Eagle Nuclear Energy Corp. ("Eagle" or the "Company") (NASDAQ: NUCL), a next-generation nuclear energy company, is pleased to provide a corporate update for the second quarter, ending May 31, 2026, highlighting continued advancement across its two core value drivers: the development of the largest conventional, measured and indicated uranium deposit in the United States, and the progression of its proprietary Small Modular Reactor ("SMR") technology platform. Management Commentary "During the second quarter we continued our diligent focus on advancing our flagship Aurora Uranium Project ("Aurora"), which is one of the largest undeveloped uranium deposits in the US, toward a Pre-Feasibility Study ("PFS") scheduled for completion in late-2027," said Mark Mukhija, Eagle's CEO. "This quarter also represented a significant milestone for the Company, as it marked the first full quarter for Eagle as a publicly traded company. As global demand for secure domestic uranium supply continues to strengthen, management believes that Eagle is uniquely positioned to become a cornerstone of America's future nuclear fuel supply chain." "A critical milestone along the path to a PFS at Aurora is the drill program that has been specifically designed to provide samples and data that will feed into the various studies comprising the PFS. Activity this quarter was highlighted by the completion of several key environmental and site-readiness initiatives at Aurora in preparation for the commencement of the PFS-related drill program. We also launched an expansive environmental baseline studies campaign, which will support environmental impact assessments, mine design optimization and future permitting at Aurora," said Mukhija. "These studies will remain ongoing as we look to develop Aurora in an environmentally responsible and sustainable manner." "We have moved quickly to collect critical data, explore sustainable practices and forge foundational partnerships that will set the course for future growth at Aurora. In addition to the technical work programs at Aurora, we have also taken the initiative to become more involved in the discussions around the challenges, solutions and critical necessity of domestic uranium production within the United States. Over the early summer months, ...

View stock analysis, news, and events for Eagle Nuclear Energy Corp.