Certain statements included in this commentary are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this commentary — including statements regarding Eagle Nuclear Energy Corp.’s drill program schedule, environmental baseline studies, permitting timelines, PFS targets, resource expansion potential, anticipated nuclear energy market demand, U.S. domestic uranium supply chain dynamics, and integrated SMR platform development — are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, and other factors, many of which are beyond the Company’s control, and which could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Risks include, without limitation: risks related to the business combination with Spring Valley Acquisition Corp. II completed February 24, 2026 and matters disclosed in the Company’s registration statement on Form S-1 originally filed with the SEC on March 19, 2026 and any amendments or supplements thereto; risks related to permitting and regulatory approvals; risks related to drilling results and resource expansion; market and commodity price volatility; legal and listing risks; and other operational and financial risks. Readers are cautioned not to place undue reliance on forward-looking statements. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Always consult a licensed investment professional before making any investment decision. Investing in securities carries a high degree of risk; you may likely lose some or all of the investment.