NUCL

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.

Partnerships position the Company to efficiently execute its planned drill program and support Aurora's Pre-Feasibility Study scheduled for 2027 Partnerships position the Company to efficiently execute its planned drill program and support Aurora's Pre-Feasibility Study scheduled for 2027

Engagement brings AI-enabled reactor modeling and simulation capabilities to Eagle's next-generation SMR development efforts Engagement brings AI-enabled reactor modeling and simulation capabilities to Eagle's next-generation SMR development efforts

Completion of meteorological station installation, wetland delineation study, and cultural survey marks continued advancement of Eagle's flagship uranium project Completion of meteorological station installation, wetland delineation study, and cultural survey marks continued advancement of Eagle's flagship uranium project

Issued on behalf of Eagle Nuclear Energy Corp. Environmental baseline studies commence at flagship Aurora Uranium Project ahead of 27,000-foot, 47-hole drill program scheduled to commence in July 2026; PFS targeted second half of 2027 NEW YORK, May 14, 2026 /PRNewswire/ -- Equity Insider News Commentary — The United States burns through roughly 50 million pounds of uranium each year to fuel the world's largest fleet of nuclear reactors, and imports approximately 95% of that uranium from foreign suppliers.[1] That structural import dependence — combined with accelerating demand projections for nuclear power across AI data centers, grid expansion, and emerging space-deployment mandates — has placed domestic uranium development firmly into the national security conversation.

Numerous consultants engaged to commence a multi-faceted environmental baseline studies program in advance of the PFS-related drill program at Aurora Numerous consultants engaged to commence a multi-faceted environmental baseline studies program in advance of the PFS-related drill program at Aurora

With AI data centers contributing to record electricity demand and perception of nuclear energy improving across both sides of the aisle With AI data centers contributing to record electricity demand and perception of nuclear energy improving across both sides of the aisle