Mergers & Acquisitions ·
Eagle Nuclear Energy agrees to acquire Noble Plains Uranium for 0.0167 shares per share, a 92% premium
NUCLEagle Nuclear Energy Corp.
Eagle Nuclear Energy Corp. entered into a binding letter of intent to acquire all outstanding common shares of Noble Plains Uranium Corp. in an all-stock transaction valued at CAD $0.125 per share. This offer represents a 92% premium to Noble Plains' closing price on October 29, 2026. The exchange ratio is fixed at 0.0167 Eagle shares for each Noble Plains share, subject to customary conditions including shareholder and regulatory approvals. The transaction includes a CAD $500,000 bridge loan and reciprocal US$400,000 break fees. Eagle Nuclear Energy Corp. operates in the nuclear energy sector, combining domestic uranium exploration with Small Modular Reactor technology.