# EDGAR Filing Document

**Accession Number:** 0001843477
**File Stem:** 0001104659-25-085723
**Filing Date:** 2025-8
**Character Count:** 64790
**Document Hash:** e50f2dc0f5d7b2faaa28e49dfaa5e0e1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-085723.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001104659-25-085723

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 42

**CONFORMED PERIOD OF REPORT**: 20250829

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Spring Valley Acquisition Corp. II
- **CENTRAL INDEX KEY:** 0001843477
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISCELLANEOUS METAL ORES [1090]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41529
- **FILM NUMBER:** 251281383

**BUSINESS ADDRESS:**
- **STREET 1:** 2100 MCKINNEY AVE., SUITE 1675
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 214-308-5230

**MAIL ADDRESS:**
- **STREET 1:** 2100 MCKINNEY AVE., SUITE 1675
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

?xml version='1.0' encoding='ASCII'?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(** **d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **August 29, 2025**

**SPRING VALLEY ACQUISITION CORP. II**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp; **Cayman Islands**<br>| &nbsp;&nbsp; **001-41529**<br>| &nbsp;&nbsp;**98-1579063** |
| &nbsp;&nbsp;(State or other jurisdiction <br> of incorporation) | &nbsp;&nbsp; (Commission File Number) | &nbsp;&nbsp;(IRS Employer<br> Identification No.) |

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| | |
|:---|:---|
| <br> **2100 McKinney Ave., Suite 1675**<br> **Dallas, TX**  | **75201** |
| &nbsp;&nbsp;&nbsp;(Address of principal executive offices) | (Zip Code) |

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Registrant's telephone number, including area code: **(214) 308-5230**

**Not Applicable**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⌧ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | &nbsp;&nbsp;Trading <br> Symbol(s) | &nbsp;&nbsp;Name of each exchange on which<br> registered |
| Units, each consisting of one Class A ordinary share, $0.0001 par value, one right and one-half of one redeemable public warrant | &nbsp;&nbsp;SVIIU | &nbsp;&nbsp;The Nasdaq Stock Market LLC |
| Class A ordinary shares, par value $0.0001 per share | &nbsp;&nbsp;SVII | &nbsp;&nbsp;The Nasdaq Stock Market LLC |
| Rights included as part of the units to acquire one-tenth (1/10) of one Class A ordinary share | &nbsp;&nbsp;SVIIR | &nbsp;&nbsp;The Nasdaq Stock Market LLC |
| Redeemable public warrants included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 | &nbsp;&nbsp;SVIIW | &nbsp;&nbsp;The Nasdaq Stock Market LLC |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ⌧

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Item 7.01 Regulation FD Disclosure.**

As previously disclosed, on July 30, 2025, Spring Valley Acquisition Corp. II, a Cayman Islands exempted company ("***SVII***"), entered into an Agreement and Plan of Merger (the "***Merger Agreement***") with Spring Valley Merger Sub II, Inc., a Nevada corporation, and Eagle Energy Metals Corp., a Nevada corporation ("***Eagle***").

Attached hereto as Exhibit 99.1 and incorporated into this Item 7.01 by reference is an updated form of presentation to be used by SVII and Eagle in presentations for certain of SVII's shareholders and other persons.

The information in this Item 7.01, including Exhibit 99.1, is furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "***Exchange Act***"), or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended (the "***Securities Act***"), or the Exchange Act, except as expressly set forth by specific reference in such filing.

**Additional Information and Where to Find It**

In connection with the transactions contemplated by the Merger Agreement (the "***Proposed Business Combination***"), SVII has filed with the Securities and Exchange Commission (the "***SEC***") a registration statement on Form S-4 (File No. 333-289798) (the "***Registration Statement***"), which includes a preliminary prospectus with respect to SVII's securities to be issued in connection with the Proposed Business Combination and a preliminary proxy statement to be distributed to holders of SVII's Class A ordinary shares in connection with SVII's solicitation of proxies for the vote by SVII's shareholders with respect to the Proposed Business Combination and other matters described in the Registration Statement (collectively, the "***Proxy Statement***"). After the SEC declares the Registration Statement effective, SVII plans to file the definitive Proxy Statement with the SEC and to mail copies to shareholders of SVII as of a record date to be established for voting on the Proposed Business Combination and other matters described in the Registration Statement. This document does not contain all of the information that should be considered concerning the Proposed Business Combination and is not a substitute for the Registration Statement, the Proxy Statement or for any other document that SVII may file with the SEC. Before making any investment or voting decision, investors and security holders of SVII and Eagle are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become available because they will contain important information about Eagle, SVII and the Proposed Business Combination. Investors and security holders will be able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by SVII through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by SVII may be obtained free of charge from SVII's website at www.sv-ac.com or by directing a request to Spring Valley Acquisition Corp. II, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part of, this document.

**Participants in the Solicitation**

Eagle, SVII and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from SVII's shareholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of SVII's directors and executive officers, please refer to SVII's Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on April 11, 2025 (the "2024 Form 10-K"), and the Registration Statement, Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the Proposed Business Combination when they become available. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of SVII's shareholders generally, is or will be included in the Registration Statement and the Proxy Statement. Shareholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, carefully, when they become available, before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

**No Offer or Solicitation**

This document shall not constitute a "solicitation" as defined in Section 14 of the Exchange Act. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom.

**Cautionary Note Regarding Forward-Looking Statements**

Certain statements included in this document are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this document are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "strategy," "future," "opportunity," "may," "target," "should," "will," "would," "will be," "will continue," "will likely result," "preliminary," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, SVII's, Eagle's, or their respective management teams' expectations concerning the Proposed Business Combination and expected benefits thereof; the outlook for Eagle's business; the abilities to execute Eagle's strategies; projected and estimated financial performance; anticipated industry trends; the future price of minerals; future capital expenditures; success of exploration activities; mining or processing issues; government regulation of mining operations; and environmental risks; as well as any information concerning possible or assumed future results of operations of Eagle. The forward-looking statements are based on the current expectations of the respective management teams of Eagle and SVII, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of SVII's securities; (ii) the risk that the Proposed Business Combination may not be completed by SVII's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVII; (iii) the failure to satisfy the conditions to the consummation of the Proposed Business Combination, including the approval of the Merger Agreement by the shareholders of SVII and the receipt of regulatory approvals; (iv) market risks; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement; (vi) the effect of the announcement or pendency of the Proposed Business Combination on Eagle's business relationships, performance, and business generally; (vii) risks that the Proposed Business Combination disrupts current plans of Eagle and potential difficulties in its employee retention as a result of the Proposed Business Combination; (viii) the outcome of any legal proceedings that may be instituted against Eagle or SVII related to the Merger Agreement or the Proposed Business Combination; (ix) failure to realize the anticipated benefits of the Proposed Business Combination; (x) the inability to maintain the listing of SVII's securities or to meet listing requirements and maintain the listing of the combined company's securities on The Nasdaq Stock Market LLC or a comparable exchange; (xi) the risk that the price of the combined company's securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro-economic and social environments affecting its business; (xii) fluctuations in spot and forward markets for lithium and uranium and certain other commodities (such as natural gas, fuel oil and electricity); (xiii) restrictions on mining in the jurisdictions in which Eagle operates; (xiv) laws and regulations governing Eagle's operation, exploration and development activities, and changes in such laws and regulations; (xv) Eagle's ability to obtain or renew the licenses and permits necessary for the operation and expansion of its existing operations and for the development, construction and commencement of new operations; (xvi) risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, potential unintended releases of contaminants, industrial accidents, unusual or unexpected geological or structural formations, pressures, cave-ins and flooding); (xvii) inherent risks associated with tailings facilities and heap leach operations, including failure or leakages; the speculative nature of mineral exploration and development; the inability to determine, with certainty, production and cost estimates; inadequate or unreliable infrastructure (such as roads, bridges, power sources and water supplies); (xviii) environmental regulations and legislation; (xix) the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; (xx) risks relating to Eagle's exploration operations; (xxi) fluctuations in currency markets; (xxii) the volatility of the metals markets, and its potential to impact Eagle's ability to meet its financial obligations; (xxiii) disputes as to the validity of mining or exploration titles or claims or rights, which constitute most of Eagle's property holdings; (xxiv) Eagle's ability to complete and successfully integrate acquisitions; (xxv) increased competition in the mining industry for properties and equipment; (xxvi) limited supply of materials and supply chain disruptions; (xxvii) relations with and claims by indigenous populations; (xxviii) relations with and claims by local communities and non-governmental organizations; and (xxix) the risk that the PIPE financing may not be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all. The foregoing list is not exhaustive, and there may be additional risks that neither SVII nor Eagle presently know or that SVII and Eagle currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this document and the other risks and uncertainties described in the "Risk Factors" section of the 2024 Form 10-K, the risks described in the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, and those discussed and identified in filings made with the SEC by SVII from time to time. Eagle and SVII caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document. Neither Eagle nor SVII undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that Eagle or SVII will make additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear, up to the consummation of the Proposed Business Combination, in SVII's public filings with the SEC, which are or will be (as appropriate) accessible at www.sec.gov, and which you are advised to review carefully.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [99.1](tm2523556d4_ex99-1.htm) | [Investor Presentation, dated August 2025.](tm2523556d4_ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded with the Inline XRBL document). |

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **SPRING VALLEY ACQUISITION CORP. II** | **SPRING VALLEY ACQUISITION CORP. II** |
|  | By: | /s/ Christopher Sorrells |
|  | Name: | Christopher Sorrells |
|  | Title: | Chief Executive Officer and Chairman |
| Dated: August 29, 2025 |  |  |

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## Exhibit 99.1

**Exhibit 99.1**

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img001.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL Powering America: From the Ground to the Grid I N V E S T O R P R E S E N T A T I O N 2 0 2 5 |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img002.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL Legal Disclaimers© 2025 EAGLE ENERGY METALS CORP. 2 The information contained in this presentation is provided solely to assist interested parties in making their own evaluation with respect to a potential business combination between Eagle Energy Metals Corp. ("Eagle Energy Metals" or the "Company") and Spring Valley Acquisition Corp II ("Spring Valley") and related transactions (the "Potential Business Combination") and for no other purpose. By reviewing or reading this presentation, you will be deemed to have agreed to the obligations and restrictions set out below. This presentation supersedes and replaces all previous oral or written communications between the parties hereto relating to the subject matter hereof. This presentation and any accompanying oral statements is not an offer to sell nor is it a solicitation of any offer to buy any securities nor a recommendation to buy, any securities in any jurisdiction, nor the solicitation of any proxy, vote, consent or approval in any jurisdiction in connection with the Potential Business Combination or any related transactions, nor shall there be any sale, issuance or transfer of any securities in any jurisdiction where, or to any person to whom, such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. This presentation does not constitute either advice or a recommendation regarding any securities. Any offer to sell securities will be made only pursuant to a definitive subscription (or comparable) agreement (a "Subscription Agreement") and will be made in reliance on an exemption from registration under the Securities Act of 1933, as amended, for offers and sales of securities that do not involve a public offering. Spring Valley and the Company reserve the right to withdraw or amend for any reason any offering and to reject any Subscription Agreement for any reason. The communication of this presentation is restricted by law; it is not intended for distribution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law or regulation, and conveys no right, title or interest in the Company or the products of its business activities. The information contained herein is confidential and strictly proprietary. By accepting this document, the recipient agrees not to reproduce its contents nor disclose or distribute same to any person or entity without the expressed prior consent of the Company and Spring Valley. This presentation does not purport to be all-inclusive or to contain all of the information you or any prospective investor may desire. No representations or warranties, express or implied are given in, or in respect of, this presentation. To the fullest extent permitted by law, in no circumstances will Spring Valley, the Company or any of their respective subsidiaries, shareholders, affiliates, representatives, partners, directors, officers, employees, advisers or agents be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from the use of this presentation, its contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. Industry and market data used in this presentation have been obtained from third-party industry publications and sources as well as from research reports prepared for other purposes. Neither Spring Valley nor the Company has independently verified the data obtained from these sources and cannot assure you of the data's accuracy or completeness. This data is subject to change. Recipients of this presentation are not to construe its contents, or any prior or subsequent communications from or with Spring Valley, the Company or their respective representatives as investment, legal or tax advice. In addition, this presentation does not purport to be all-inclusive or to contain all of the information that may be required to make a full analysis of the Company or the Potential Business Combination. Recipients of this presentation should each make their own evaluation of the Company and the Potential Business Combination and of the relevance and adequacy of the information and should make such other investigations as they deem necessary. In connection with the Potential Business Combination, a registration statement on Form S-4 (the "Form S-4") (File No. 333-289798) has been filed with the U.S. Securities and Exchange Commission (the "SEC") by Spring Valley, and the Company, as co-registrants. The Form S-4 includes a preliminary proxy statement for the shareholders of Spring Valley that also constitutes a preliminary prospectus. These materials contain important information about Spring Valley, the Company and the Potential Business Combination. The Form S-4 and other documents in connection with the Potential Business Combination may be filed after you have made an investment decision one way or the other regarding any potential investment in the Company or Spring Valley. Because of this sequencing, when deciding whether to invest in the Company or Spring Valley, you should carefully consider the information made available to you, including this presentation, through the date of your decision. If you sign a Subscription Agreement, you will be required to make certain representations relating to the foregoing. When available, the definitive proxy statement/prospectus will be mailed to Spring Valley's shareholders as of a record date to be established for voting on the Potential Business Combination. Interested parties will also be able to obtain free copies of such documents filed with the SEC (once available) at the SEC's website located at www.sec.gov, or security holders may direct a request to Spring Valley Acquisition Corp. II, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. Spring Valley, the Company and their respective directors, executive officers and other members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Spring Valley's security holders in connection with the Potential Business Combination. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Spring Valley's directors and executive officers in its filings with the SEC, including Spring Valley's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on April 11, 2025 (the "2024 Form 10-K"). Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of Spring Valley's security holders in connection with the Potential Business Combination is or will be set forth in the Form S-4, along with information concerning the interests of Spring Valley's and the Company's participants in the solicitation. Such interests may, in some cases, be different from those of Spring Valley's or the Company's equity holders generally. Cautionary Note Regarding Forward-Looking Statements This presentation contains statements that involve substantial risks and uncertainties. Any statements contained in this presentation that are not statements of historical facts may be deemed to be forward-looking statements. These forward-looking statements include, without limitation, statements relating to: the Potential Business Combination; expected growth of the Company's business; the abilities to execute the Company's |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img003.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL Legal Disclaimers (Cont'd)© 2025 EAGLE ENERGY METALS CORP. 3 strategies; projected and estimated financial performance; anticipated industry trends; the future price of minerals; future capital expenditures; success of exploration activities; mining or processing issues; government regulation of mining operations; and environmental risks. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, the occurrence of any event, change or other circumstances that could give rise to the termination of the negotiations and any subsequent definitive agreements with respect to the Potential Business Combination, and the possibility that the terms and conditions set forth in any definitive agreements with respect to the Potential Business Combination may differ materially from the terms and conditions currently expected; the outcome of any legal proceedings that may be instituted against the parties following the announcement of the Potential Business Combination and any definitive agreements with respect thereto; the risk that the Potential Business Combination may not be completed in a timely manner or at all; the failure to satisfy the conditions to the consummation of the Potential Business Combination, including the approval of the shareholders of Spring Valley; costs related to the Potential Business Combination; actual or potential conflicts of interest of Spring Valley's management with its public shareholders; the effect of the announcement or pendency of the Potential Business Combination on the Company's business relationships, performance, and business generally; risks that the Potential Business Combination disrupts current plans of the Company; failure to realize the anticipated benefits of the Potential Business Combination; the inability to meet and maintain the listing of Spring Valley's securities (or the securities of the post-combination company) on a national securities exchange; the risk that the price of Spring Valley's or the post-combination company's securities may be volatile due to a variety of factors; fluctuations in spot and forward markets for lithium and uranium and certain other commodities (such as natural gas, fuel oil and electricity); restrictions on mining in the jurisdictions in which Eagle Energy Metals operates; laws and regulations governing the Company's operation, exploration and development activities, and changes in such laws and regulations; the Company's ability to obtain or renew the licenses and permits necessary for the operation and expansion of its existing operations and for the development, construction and commencement of new operations; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, potential unintended releases of contaminants, industrial accidents, unusual or unexpected geological or structural formations, pressures, cave-ins and flooding); inherent risks associated with tailings facilities and heap leach operations, including failure or leakages; the speculative nature of mineral exploration and development; the inability to determine, with certainty, production and cost estimates; inadequate or unreliable infrastructure (such as roads, bridges, power sources and water supplies); environmental regulations and legislation; the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; risks relating to Eagle Energy Metals' exploration operations; fluctuations in currency markets; the volatility of the metals markets, and its potential to impact the Company's ability to meet its financial obligations; disputes as to the validity of mining or exploration titles or claims or rights, which constitute most of the Company's property holdings; Eagle Energy Metals' ability to complete and successfully integrate acquisitions; increased competition in the mining industry for properties and equipment; limited supply of materials and supply chain disruptions; relations with and claims by indigenous populations; relations with and claims by local communities and non-governmental organizations; and other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in Spring Valley's 2024 Form 10-K and subsequently filed Quarterly Reports on Form 10-Q, as such factors may be updated from time to time in Spring Valley's filings with the SEC, the Form S-4 and the proxy statement/prospectus contained therein, and any amendments or supplements thereto. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this presentation is as of today's date, unless otherwise stated, and the Company and Spring Valley undertake no duty to update such information, except as required under applicable law. Market Data and Statistics This presentation includes statistical and other industry and market data that the Company obtained from industry publications and research, surveys, studies and other similar third-party sources, as well as the Company's estimates based on such data and on the Company's internal sources. Such data and estimates involve a number of assumptions and limitations, and you are cautioned not to give undue weight to such data and estimates. the Company believes that the information from these third-party sources is reliable; however, neither the Company nor Spring Valley independently verified them, neither the Company nor Spring Valley makes any representation as to their accuracy or completeness and neither the Company nor Spring Valley undertakes to update the data from such sources after the date of this presentation. Further, the Company's business and the industry in which it operates is subject to a high degree of risk and uncertainty, which could cause results to differ materially from those expressed in the estimates made by the third-party sources and by the Company. In addition, this presentation contains information regarding samples from, and geological features on, various property claims, as well as information on deposits as historic data from previously published public information. The Company and Spring Valley caution investors that they has not verified historical exploration data. Except where noted, a qualified person has not done sufficient work to classify any of the references discussed in this presentation as current mineral resources or mineral reserves and these estimates are being treated as historical in nature and not as current mineral resources or mineral reserves. Accordingly, these historical estimates are presented only for the purposes of assisting in describing the extent of mineralization and to outline the exploration potential and should not be relied upon. Trademarks This presentation contains trademarks, service marks, trade names, and copyrights of the Company, Spring Valley and third parties, which are the property of their respective owners. The use or display of third parties' trademarks, service marks, trade names or copyrights in this presentation is not intended to, and does not imply, a relationship with the Company or Spring Valley, or an endorsement or sponsorship by or of the Company or Spring Valley. Solely for convenience, the trademarks, service marks, trade names and copyrights referred to in this presentation may appear without the TM, SM, \* or© symbols, but such references are not intended to indicate, in any way, that the Company or Spring Valley will not assert, to the fullest extent under applicable law, their rights or the right of the applicable licensor to these trademarks, service marks, trade names and copyrights. |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img004.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 4 Today's Speakers Mark Mukhija, P. Eng Chief Executive Officer & Director Kuljit (Jeet) Basi VP of Project Development & Director Yana Popova, CPA Chief Financial Officer Justus Parmar Founder & Chief Executive Officer A Visionary Leadership Team with Deep Expertise in Energy, Mining and Corporate Finance & Governance Chris Sorrells Chairman & Chief Executive Officer Robert Kaplan Chief Financial Officer Frequent speaker on: |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img005.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 5 $289M ~$3.2B 2012 IPO 2022 Acquired by Chevron Chris Sorrells Chairman & CEO Robert Kaplan CFO 44+ years of combined investing track record in the natural resources industry Strong C-level operational and investing expertise in nuclear Proprietary network & sourcing capabilities Established track record of building publicly traded bellwethers 10 natural resources IPOs since 2010 and 6 SPACs raised and/or merger to date Managed multi-billion-dollar portfolios and led complex capital raises Executed 400+ natural resources transactions over the past 34 years Deep relationships with institutional investors, underwriters, and advisors History of Value Creation • In 2006, Mr. Sorrells brought together a combination of strategic and financial partners to lead investment in Renewable Energy Group, Inc. (REG), one of the largest global biodiesel / renewable diesel companies • The transaction was noted as also one of the largest investments in biodiesel in North America and helped transform an emerging industry into a growing sector • Grew revenues from ~$85M in 2008 to ~$2.6B in 2019 via organic growth and an aggressive acquisition strategy • In 2022, Renewable Energy Group was sold to Chevron at ~$3.2B Leadership Team with Deep Expertise(1) >10x Market Cap Select Experience Our Sponsor \| Spring Valley Acquisition Corp. II (1) Includes Spring Valley management, board and sponsor. |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img006.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 6 Case Study KEY HIGHLIGHTS • On December 14, 2021, NuScale announced its business combination with Spring Valley Acquisition Corp. at a pro forma enterprise value of ~$1.9B • The merged company announced the closing of the transaction on May 2, 2022, and is now publicly traded on Nasdaq under the ticker symbol "SMR" • As of market close on August 22, 2025, NuScale's fully diluted market cap was $10.3B and share price was $35.04 • Designs & markets small modular reactors (SMR), first-to-market advanced nuclear technology with NRC approval and $1.3B+ invested • First-of-its-kind projects backed by a ~$1.4B DOE cost share with 20 additional global MOUs and 90+ customer opportunities in the pipeline • Capex-light model offering recurring services, underpinned by strategic partners & over 634 patents • The company secured $381M in gross proceeds, including a $235M PIPE backed by global strategic investors • Proceeds to accelerate commercialization of NuScale's SMR technology • 37.4% redemption rate, representing the 5 th fewest redemptions of the year • 12M+ shares were traded within the first 30 trading days Transaction Overview Target Summary Financing Summary(1) KEY HIGHLIGHTS KEY HIGHLIGHTS 1 2 3 NuScale and Spring Valley partner to form a first of its kind, publicly traded bellwether focused on SMR technology Source: Public filings and FactSet. (1) PIPE includes primary and secondary proceeds from sale of secondary stock to JBIC. |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img007.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 7 Transaction Overview Structure Conditions & Expenses Illustrative Pro Forma Ownership(2) • Preliminary pre-money rollover to Eagle Shareholders of $206M, before any funding • Implied pro forma equity value of $312M(3) • Eagle Energy Metals shareholders will roll 100% of their equity • Compelling De-SPAC valuation compared to peers in the uranium & SMR sectors • Eagle Energy Metals & Spring Valley Acquisition Corp. II have entered into a definitive agreement and plan of merger • A fundamental institutional investor will commit up to $30M investment in form of Series A Convertible Preferred Stock, funded at the closing of the business combination • Use of proceeds includes (1) corporate and public company cost (2) mining advancement (3) SMR phase 1 development & (4) transaction expenses Valuation(2) • No minimum cash condition • Total expenses associated with the Transaction are currently anticipated to be $7M • Some of Spring Valley's estimated $5.0M transaction expenses are expected to be paid in stock(1) (1) $2.5M of cash expenses are expected to be paid with up to 300,000 shares of stock to a service provider. (2) Assumes 100% redemption on cash remaining in trust. Excludes impact of the 7.0M private placement warrants, 11.5M public warrants, the 1.5M earnout shares, any additional sponsor warrants if capital is added to the working capital loan and any equity compensation plan. (3) In a case with 0% redemptions, implied pro forma equity value equates to ~$339M which accounts for $25.8M cash in trust. (4) Includes certain shares held by Spring Valley's independent directors or to be transferred by the sponsor to unaffiliated investors pursuant to existing non-redemption arrangements. (5) Depicts illustrative pro forma ownership of new investor, including shares issued in phases as part of the $30M investment. 65.9% 9.9% 7.4% 16.8% Eagle Energy Metals SPAC Sponsor SPAC Public Rights Fundamental Institutional Investor (5) (4) |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img008.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 8 Visionary Leadership & Advisors Kuljit (Jeet) Basi VP of Project Development & Director • 17 years+ of technical leadership experience in global public mining companies including Newmont, Goldcorp and Teck Resources • Previously, held the position of Senior Advisor, Newmont North America for technical services, project development, and strategic planning across all of Newmont's Canadian, U.S., and Mexican assets Mark Mukhija, P. Eng Chief Executive Officer • 16 years+ of mining experience including roles with global mining companies such as Teck Resources, Barrick, BHP & TransAlta • Previously, the General Manager Australia for Motion Metrics Pty Australia Ltd., an industrial artificial intelligence & machine learning company catering to the mining industry with a specific focus on safety and productivity • A registered Professional Engineer & graduate from the University of British Columbia with a Bachelor of Applied Science in Mining Engineering Yana Popova, CPA Chief Financial Officer • 20 years+ of financial accounting experience, having worked across a diverse range of industries • Expertise in financial reporting, auditing, and regulatory compliance • A highly skilled professional with a deep understanding of industry-specific challenges and financial practices Lauritz Barnes MAIG Resource Geologist, Aurora Energy Mike Kobler Founding CEO of American Lithium Mark Adams Global Minerals & Mining Executive Robert L. Greene Energy Executive \| Navy Rear Admiral (Ret) Patrick Whibley Corporate Development at Eagle |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img009.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 9 Paradigm Change President Trump delivers 4 executive orders to remove regulatory barriers & unleash American nuclear energy ✓ Streamline nuclear reactor approvals by restructuring the Nuclear Regulatory Commission (NRC) ✓ Quadruple U.S. nuclear power over the next 2.5 decades ✓ Invokes the Defense Production Act to secure uranium & reactor fuel supply in the U.S. ✓ Regain U.S. dominant position in nuclear energy Impact on Uranium Supply ✓ Boosts U.S. Uranium Production by expanding domestic capacity & reducing reliance on foreign sources • Activate 3 experimental reactors by July 2026 • Add 5 GW of power uprates to existing nuclear reactors and to have 10 new large reactors under construction by 2030 Highlights of the Orders ✓ Uranium Market Recovery Analysts expect the orders to revive the uranium market and attract investment by ensuring long-term supply stability ✓ Strengthens the Nuclear Supply Chain Promotes policy aimed at maximizing the value of nuclear fuel and expands domestic conversion & enrichment services W A S H I N G T O N T H E W H I T E H O U S E E X E C U T I V E O R D E R S May 23, 2025 |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img010.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL Source: FactSet data as of 8/22/2025.© 2025 EAGLE ENERGY METALS CORP. 10 Upswing in Uranium / SMR Stock Prices Select Uranium Companies Select SMR Companies 41.8% 135.1% 104.1% 30.5% 48.1% 38.7% 88.0% Uranium & SMR stocks have seen a valuation reset following President Trump's recent executive orders aimed at revitalizing the U.S. nuclear industry Stock Performance Since May 22, 2025 Close May 22, 2025 August 22, 2025 Growth Rate 100.1% 51.5% 77.2% 38.4% 13.6% $52.81 $4.50 $5.16 $5.44 $1.60 $1.50 $0.71 $75.80 $10.58 $10.53 $7.10 $2.37 $2.08 $1.34 $93.17 $107.62 $39.72 $25.32 $27.57 $186.47 $163.09 $70.38 $35.04 $31.32 |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img011.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 11 Investment Highlights Our exclusive SMR technology offers additional upside in next-gen, distributed nuclear deployment Eagle Energy Metals has rights to the largest mineable uranium deposit in the U.S. (Aurora) 32.75Mlbs Indicated and 4.98Mlbs Inferred Resource (SK1300) & a large, near-surface deposit (Cordex) with scalable resource potential Veteran leadership bring deep expertise in mining, energy, and nuclear execution, supported by strong industry partners & advisors 01 02 04 03 06 05 The rapid growth of AI, quantum computing & cryptocurrency is creating unprecedented electricity demand, straining global grids & increasing reliance on always-on, high-density power sources like nuclear energy The historical underinvestment in uranium supply due to lower uranium prices has led to a structural supply deficit between production and requirements Aurora is a near-surface, low-risk & cost-effective deposit with 500 holes drilled while Cordex which is adjacent to Aurora has 100 holes drilled with many holes being digitized |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img012.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 12 Growing Electricity Demand… Electricity Demand Estimated to Almost TRIPLE by 2050 165% 21,400 28,200 29,033 38,000 59,000 76,838 2010 2021 2022 2030E 2040E 2050E World Electricity Demand (Terawatt-hour – TWh) U.S. power demand has remained mostly flat since the mid-2000s, reflecting years of modest growth, until now Historical Context Utilities have nearly doubled power demand projections by 2028 due to a sharp rise in AI, quantum computing and cryptocurrency Surging Forecasts Electricity's share of total energy consumption is projected to increase from 20% today to approximately 50% by 2050 Global Demand Outlook Data centers could soon consume power on par with major industrialized nations, reshaping global electricity demand profiles Industrial-Scale Consumption AI's energy demands are being likened to the Manhattan Project, with the U.S. expected to lead in both AI development and energy generation National Imperative Source: The New York Times and IEA World Energy Outlook 2023 Net Zero Emissions Scenario. |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img013.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 13 …that can be Addressed by Nuclear Energy U.S. is the world's largest nuclear power producer, operating 94 reactors across 54 plants in 28 states and supplying nearly 30% of global nuclear energy Reliable capacity & baseload supply, operating at high uptime, unlike intermittent renewables Established fuel supply infrastructure and manufacturing ecosystem Next-generation nuclear reactors, such as SMRs offer improved flexibility, safety, scalability, and cost Strengthens energy security & diversification, reducing reliance on imports while ensuring stable supply amid geopolitical uncertainty President Trump declared a national energy emergency to boost domestic production and strengthen U.S. energy independence U.S. Energy Secretary Chris Wright unveiled the "Golden Era of American Energy Dominance", highlighting America's leadership Key to meeting net-zero goals, with 30+ nations pledging to triple capacity by 2050 The Right foundation… …backed by federal support |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img015.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL 0 50 100 150 200 250 300 350 400 450 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2050 Targets: U.S. looking to 4x nuclear power & China aiming for nuclear energy to account for 15%+ of its electricity generation Supply Constraints: Supply has lagged due to prolonged low prices, discouraging new mining and exploration projects Structural Deficit in the Uranium Market© 2025 EAGLE ENERGY METALS CORP. 15 Global Uranium Demand / Supply Model Source: UxC Market Outlook Q3 2024. Demand - 30+ countries call to triple global nuclear capacity by 2050 Demand - High Case Demand - Base Case Projected Production Rise of AI: Data centers could drive significant uranium demand, potentially adding ~100Mlbs to demand by 2040 Geopolitical Influences: Since Russian ban on exports to the U.S., supply has become an even more acute issue for U.S. utilities Growing Reactor Fleet: Asia's expanding reactor fleet, especially in China and India, is driving long-term uranium demand Depletions: Secondary inventories are largely drawn down & mine depletion are further tightening the uranium market Demand Supply Deficit projected to widen up to 1Blbs by 2040 (mid case) Mlbs U O3 8 |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img016.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL 0.00 10,000,000.00 20,000,000.00 30,000,000.00 40,000,000.00 50,000,000.00 60,000,000.00 70,000,000.00 80,000,000.00 1950 1960 1970 1980 1990 2000 2010 2020 Domestic Production Purchased Imports 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 5,000,000 5,500,000 6,000,000 2000 2003 2006 2009 2012 2015 2018 2021 P2024 First quarter Second quarter Third quarter Fourth quarter© 2025 EAGLE ENERGY METALS CORP. 16 Limited Domestic Uranium Production Given the deficit between power generation demand and mine supply…we believe uranium prices could move chaotically to the upside Natural Resource Market Commentary: Q2 2023. (1) U.S. Energy Information Administration – Uranium Marketing Annual Report – June 6, 2024. P=preliminary data Uranium concentrate production in the U.S. (2000 – 2024) • The U.S. is the world's largest consumer of Uranium (2023 U.S, Utilities purchased >50Mlbs)(1) • Domestic production is limited, and the U.S. currently imports a significant amount of its supply from Russia and Kazakhstan Source: U.S. Energy Information Administration, Form EIA-851A & Form EIA-851Q. U.S. Uranium supply to commercial nuclear reactors (1950 – 2022) Canada - 27% Australia - 22% Kazakhstan - 22% Russia - 12% Uzbekistan - 10% Other - 5% Uranium Sources in 2023 27% 22% 22% 12% 10% 5% Lbs U O3 8 Lbs U O3 8 |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img017.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 17 Our Mineable Uranium Deposit: Eagle Aurora(1) Sound fundamentals underpin the Project OR CA NV ID WY UT CO AZ NM EAGLE ENERGY METALS PROJECT: The Largest Mineable, Measured & Indicated Uranium Deposit in the U.S. Compelling Upside • Through Cordex Attractive Jurisdiction • World's largest uranium consumer, negligible production • Strong desire to re-build domestic uranium supply chain • Bi-partisan & public support for nuclear in the U.S. (at an all-time high) • Executive Orders to Boost Domestic Mineral Production & Unleash Nuclear Energy Resource Quality • Substantial size • 32.75Mlbs Indicated + 4.98Mlbs Inferred (SK1300 TRS) through Aurora Great Infrastructure • Former mining district Clear Pathway to Development • Promising roadmap forward Strategic Location • Oregon: An agreement state (NRC.gov) • Located on BLM land for permitting clarity and efficiency (1) Eagle holds an option to purchase the Aurora Project, which will be acquired in connection with the closing of the business combination. |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img018.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 18 The Largest Mineable, Measured & Indicated Deposit in the U.S. • Size: 32.75Mlbs Indicated + 4.98Mlbs Inferred (SK1300 TRS) • Shallow & Near-surface • 500 Holes Drilled • Low-cost Open Pit • Low Geological Risk • Flat Tabular Deposit • Open to the Northwest Eagle Energy Metals Project Aurora Deposit Snapshot |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img019.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 19 Potential Uranium Resource Upside: Cordex Cordex claims on NE boundary over Graben fault • Adjacent to Aurora • 100 Holes Drilled • Digitizing Existing Holes Deposit Snapshot Bird's Eye Area Map Landscape Snapshot |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img020.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 20 Strong Pathway to Development Offices & Workshops Existing Powerline Potential Conveyer Route Existing Sealed Public Road Processing Facility Existing Substation Existing Public Road Haulage Road & Potential Pipeline Route Open Pit Waste Water Storage Bretz Mine Rehabilitation Area Waste Rock Storage ROM Pad Leveraging a well-defined uranium resource, extensive drilling data, existing infrastructure, and access to low-cost hydropower to efficiently advance a strategically located project through a supportive permitting environment Mine located in Oregon Infrastructure Regulatory & Permitting Malheur County / BLM jurisdiction supports mining development, timely and transparent approvals Government-maintained roads Project Location Extensive Resource Definition Extensively drilled – Aurora (500 holes) Processing to occur in Nevada on private land Close proximity to an airport Reliable water availability Access to low-cost hydropower Paramount Gold (NYSE: PZG) is actively advancing the project through the permitting process Moderately drilled - Cordex (100 holes) SK1300 Compliant Resource Eagle Energy Metals Project Plan |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img021.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 21 Path Forward Uranium Program Permitting Program 2025 Met Testing & Exploration • U₃O₈ metallurgical test work • Exploration drilling to define ore zones 2026 Pre-feasibility Preparation • Sample collection for Pre-Feasibility Study (PFS) • U₃O₈ metallurgical testing for PFS • Technical evaluations & data review for PFS 2027 Pre-feasibility Completion • Pre-Feasibility Study (PFS) finalized & reviewed • Project advances to Definitive Feasibility Study (DFS) Baseline Studies • Commence baseline cultural and environmental studies BLM Permit Submission • Submit Exploration Plan of Operations permit application to the BLM Federal Agency Coordination • Preparation of the Oregon Department of Geology & Mineral Industries (DOGAMI) mining permit application 2028+ Commissioning & Production • Complete DFS in late 2028 • Funding of initial capex & potential DOE grants and EPC contract • Procurement & fabrication / begin construction of infrastructure • Prestripping / begin process plant construction • Commissioning / production • Coordination with the U.S. Department of Energy (DOE), Nuclear Regulatory Commission (NRC) and Environmental Protection Agency (EPA) for federal-level environmental, safety & operational approvals DOGAMI Permit Submission |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img022.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 22 The MMR Reactor: Eagle VSLLIM(1) VSLLIM Reactor A Longitudinal Cross-section View of the VSLIMM Reactor VSLLIM Reactor & Other Plant Components on a Portable Platform A very-small, long-life, modular (VSLLIM) reactor that is walk away safe, smaller than a shipping container, and can be factory mass produced off site Factory-assembled & deployed on a truck. Perfect for remote communities, defense applications, and mine sites. As many as 30 can be deployed at the same time • Reactor Type: Liquid Metal Cooled Fast Reactor (no pumps or moving parts) • Scalable Power Range: Up to 3.3 Mwe • Coolant Type: Liquid Sodium (Na) • Fuel Type: Uranium Nitride (UN) • Enrichment: 13.76% R&D driven by the UNM team, led by Dr. Mohamed El-Genk who has authored ~400 technical papers, has 40 years of nuclear experience, a fellow of the American Nuclear Society, and his work has been cited over 9,000 times • Emergency Shutdown: Yes • Refuelling Cycle: 5.9 Years • Footprint: <200m2 • Patent: 1 utility patent and 3 provisional patents filed Significant R&D Features Description Assembly & Deployment (1) The VSLLIM reactor technology is currently in the conceptual design stage. |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img023.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 23 The SMR Reactor: Eagle SLLIM(1) A larger, modular reactor designed to meet higher local energy demands with flexibility, efficiency, and scalability. Ideal for larger communities and data centers The SLLIM reactor will be factory-fabricated, assembled, sealed, and shipped by rail, truck, or barge for below-ground installation. Remotely monitored with AI and has internal mechanisms to generate electricity for shutdowns A Longitudinal Cross-section View of the SLIMM Reactor A Radial Cross-sectional View of the SLIMM Reactor Core • Reactor Type: Liquid Metal Cooled Fast Reactor (no pumps or moving parts) • Scalable Power Range: Up to 33 Mwe • Coolant Type: Liquid Sodium (Na) • Fuel Type: Uranium Nitride (UN) • Enrichment: 15.35% With the VSLLIM and SLLIM designs, it positions Eagle to serve both ends of the emerging nuclear demand curve, from tactical outposts to AI megafarms • Emergency Shutdown: Yes • Refuelling Cycle: 6.3 Years • Footprint: ~1500m2 Flexible Design Features Description Assembly & Deployment (1) The SLLIM reactor technology is currently in the conceptual design stage. |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img024.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL© 2025 EAGLE ENERGY METALS CORP. 24 Our SMR Industry Partners Note: Eagle Energy has initiated discussions and signed LOIs with some of the industry partners show above. |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img025.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL $312 $32,720 $4,746 $4,294 $2,487 $1,889 $502 $444 $15,047 $11,052 $10,307 $4,198 $1,428© 2025 EAGLE ENERGY METALS CORP. 25 Valuation Benchmarking Source: FactSet data as of 8/22/2025. Equity value for peers calculated on a fully diluted shares outstanding basis. Implied Pro Forma Equity Value Implied Equity Value vs. Peers ($M) Uranium SMR Average: $6,879 Median: $4,198 |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img026.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL $312 $3,357 $2,337 $957 $2,276 $148 ? $32,720 $15,047 $11,052 $10,307 $1,428© 2025 EAGLE ENERGY METALS CORP. 26 Peer Performance Since IPO Implied Equity Value at IPO / de-SPAC vs. Current for Select Peers ($M) Source: FactSet and SPAC Research data as of 8/22/2025. Equity value for peers calculated on a fully diluted shares outstanding basis. Key Institutional Shareholders 875% 544% 1,056% 353% Implied Pro Forma Equity Value Market Cap at IPO Market Cap Today Growth Rate 865% |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img027.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL Clear Pathway to Production • Well-defined uranium resource • Extensive drilling data • Existing infrastructure • Access to low-cost hydropower • Strategically located project • Supportive permitting environment SMR Upside • SMRs are emerging as the future of energy independence, offering enhanced safety, scalability, and cost-efficiency • Eagle Energy has an exclusive SMR which can enable an integrated solution and meet insatiable demand Prominent Stakeholders • Visionary leadership with deep industry expertise • Fortified by a leading sponsor team • Supported by an extensive advisory board • Budding investor confidence • Extensive relationships & proprietary network Uranium Market Tailwinds • Chronic underinvestment and tight supply are driving a powerful structural bull market in uranium • Private capital is flowing into U.S. nuclear projects at record levels, with technology giants and financial institutions backing nearly 30 GW of new nuclear capacity The Right Uranium Asset • Exclusive option to acquire the largest mineable uranium deposit in the U.S. 32.75Mlbs Indicated + 4.98Mlbs Inferred (SK1300 TRS) Aurora Through Cordex • Compelling upside© 2025 EAGLE ENERGY METALS CORP. 27 A Massive Value Creation Opportunity Eagle Energy is Well Positioned to Restore American Leadership in the Nuclear Industry Source: Sprott Uranium Report June 2024. |

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| &nbsp;&nbsp;![GRAPHIC](tm2523556d4_ex99-1img028.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STRICTLY PRIVATE & CONFIDENTIAL I N V E S T O R P R E S E N T A T I O N 2 0 2 5 Eagle Energy Metals Corp. 5470 Kietzke Lane, Suite 3000, Reno, NV 89511 Phone: +1-775-335-2029 www.eagleenergymetals.com Powering America: From the Ground to the Grid Thank You |

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