Financial Post — Deals

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

Eagle Energy Metals Corp. completed its business combination with Spring Valley Acquisition Corp. II, creating Eagle Nuclear Energy Corp. The new company will begin Nasdaq trading on February 25, 2026 under the ticker symbols NUCL and NUCLW. The merger pairs the largest conventional uranium deposit in the United States with proprietary small modular reactor (SMR) technology, aiming to rebuild a domestic nuclear supply chain. The transaction follows Spring Valley’s earlier SPAC merger with NuScale Power, underscoring a broader push toward nuclear‑based decarbonization.