AI Powers Uranium Boom: Eagle Energy Metals NASDAQ Merger

VANCOUVER, British Columbia, January 14, 2026 - The U.S. nuclear energy sector is experiencing a significant resurgence, driven by the escalating power demands of artificial intelligence (AI) data centers and a national push for secure, domestic uranium supply. This backdrop highlights the strategic importance of companies like Eagle Energy Metals Corp., which is advancing towards a NASDAQ listing under the ticker symbol NUCL through a business combination with Spring Valley Acquisition Corp. II (NASDAQ: SVII).

The original merger agreement between Spring Valley Acquisition Corp. II and Eagle Energy Metals Corp. from July 30, 2025, was restructured on September 29, 2025. This Amended and Restated Agreement and Plan of Merger involves Eagle Nuclear Energy Corp. ("New Eagle"), Spring Valley Merger Sub III, Inc., Merger Sub II, Spring Valley Acquisition Corp. II, and Eagle Energy Metals Corp. This strategic move aims to capitalize on a market where U.S. electricity generation is projected to grow by 2.4% in 2025 and 1.7% in 2026, largely fueled by AI, and where Small Modular Reactor (SMR) technology is increasingly sought for carbon-free energy.

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