Aurora Flags Progress on U.S. Listing Pathway for Aurora Uranium Project Partner

An announcement from Aurora Energy Metals Limited ( (AU:1AE) ) is now available.

Aurora Energy Metals has updated investors on the proposed sale of its Aurora Uranium Project to Eagle Energy Metals Corp., noting progress in Eagle’s planned merger with U.S. SPAC Spring Valley Acquisition Corp. II, which would see Eagle list on a U.S. exchange under the ticker “NUCL”. With the SEC declaring effective the registration statement for the business combination and Spring Valley setting a 23 February 2026 shareholder vote, completion of the deal shortly thereafter would position Eagle as a publicly traded U.S. uranium exploration company with SMR technology links, potentially enhancing the development prospects and funding pathways for the Aurora Uranium Project, to which Aurora remains economically leveraged via its existing option agreement.

The most recent analyst rating on (AU:1AE) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Aurora Energy Metals Limited stock, see the AU:1AE Stock Forecast page.

More about Aurora Energy Metals Limited

Aurora Energy Metals Limited is an ASX-listed explorer and developer of critical mineral assets, with a primary focus on uranium projects in Australia and the United States. Its flagship Aurora Uranium Project in southeast Oregon is described as the USA’s largest mineable measured and indicated uranium deposit, and the company retains exposure to this asset through an option agreement that could deliver a substantial interest in a U.S.-based vehicle. Aurora is also actively exploring uranium-prospective tenements in Western Australia as part of its strategy to supply minerals essential to global energy needs.

Average Trading Volume: 311,564

Technical Sentiment Signal: Buy

Current Market Cap: A$22.38M

For detailed information about 1AE stock, go to TipRanks’ Stock Analysis page.