Oregon Energy LLC Releases Unaudited Financial Statements for the Six Months Ended December 31, 2025

Key Highlights and Financial Overview

• Net Income Achieved: Oregon Energy LLC reported a net income of \$14,946 for the six months ended December 31, 2025, compared to a net loss of \$66,005 for the same period in 2024.
• Accumulated Deficit: Despite the net income, the company still has a significant accumulated deficit of \$13,434,558 as of December 31, 2025.
• Cash Position: Cash at the end of the period stood at \$1,733, with restricted cash of \$140,960, totaling \$142,693 in cash and restricted cash combined.
• Current Assets and Liabilities: Total current assets were \$58,191, with current liabilities of only \$1,568, indicating a low debt profile but also limited liquidity.
• Member’s Capital: Aurora Energy Metals Limited (ASX:1AE) holds 100% of the membership interest in Oregon Energy LLC.
• Exploration and Evaluation Expenses: The company incurred \$86,575 in exploration and evaluation expenses for the six-month period, up from \$48,365 in the prior year.
• Reimbursements from Eagle Energy Metals Corp: Other income of \$117,869 was recognized due to expense reimbursements from Eagle Energy Metals Corp, linked to an exclusive property option agreement.
• Going Concern Risk: The company’s ability to continue as a going concern is subject to raising additional capital and implementing its business plan, as it continues to have minimal cash reserves and ongoing operational costs.

Significant Developments and Potential Share Price Catalysts

1. Property Option Agreement with Eagle Energy Metals Corp

On November 18, 2024, Oregon Energy LLC and Aurora entered into a property option agreement with Eagle Energy Metals Corp (“Eagle”). Under this agreement:

• Eagle was granted an exclusive option to acquire 100% of the membership interests in Oregon Energy LLC.
• The option is subject to payment of cash option fees, milestone achievements (including a US listing and S-K 1300 filing), and a series of financial and technical milestones.
• Eagle paid \$300,000 to Aurora as an initial option payment, with subsequent extension payments of \$300,000 and \$400,000, for a total of \$1,000,000 in cash payments related to the option agreement so far.
• Eagle is also obligated to reimburse up to \$500,000 in operational expenses at the Aurora Uranium Project (AUP), with \$201,426 reimbursed as of December 31, 2025.
• The option period was extended by an amendment signed on November 26, 2025, clarifying deadlines and resource payment triggers based on future mineral resource updates.

Price Sensitivity: This option agreement is highly significant for shareholders as it provides a clear monetization pathway for the company’s key uranium asset. If Eagle completes the acquisition, it could result in further payments or share issuances, potentially increasing the value of Aurora and, by extension, its shareholders.

2. Exploration and Mining Claim Updates

Oregon Energy LLC continues to hold extensive mining claims, including 263 unpatented lode mining claims and 71 unpatented placer mining claims in Oregon, and 27 unpatented placer mining claims in Nevada, covering approximately 43 square kilometers.

• The company paid \$75,368 in annual maintenance fees on mining claims during the six months ended December 31, 2025.
• Future annual maintenance payments are expected to be approximately \$72,200 to retain these rights.
• All mineral rights have a carrying value of \$Nil due to full impairment in prior years.

Price Sensitivity: Maintaining these claims preserves significant future optionality for uranium development or sale, which could be valuable if uranium prices strengthen or if the Eagle transaction completes.

3. Reclamation and Environmental Obligations

The company holds \$140,960 in restricted cash as financial security for reclamation obligations, with the original bonds totaling \$160,470. A portion of these bonds was refunded after partial fulfillment of reclamation requirements.

• There are currently no outstanding reclamation liabilities as of December 31, 2025.
• The funds will remain restricted until final regulatory sign-off on revegetation and site condition is obtained.

Price Sensitivity: Adequate financial assurance for reclamation can positively impact perceptions of the company’s environmental risk profile.

4. Going Concern and Capital Risk

Despite recording a profit this period, the company remains at risk as a going concern. Its ability to continue operations depends on:

• Securing further debt or equity financing.
• Successful implementation of its business plan, including the potential sale to Eagle.

If financing is unavailable or unfavorable, there could be significant dilution or operational restrictions. This remains a key risk for shareholders and may impact share values if not resolved.

Other Notable Details

• All profits and losses are allocated to the sole member, Aurora Energy Metals Limited.
• Depreciation for the period totaled \$6,559, impacting general and administrative expenses.
• Related party transactions include salary recharges from a director’s affiliated company, with \$10,707 incurred and \$10,198 reimbursed by Eagle for the six months ended December 31, 2025.
• No subsequent events requiring disclosure were identified by management post-December 31, 2025, through the reporting date.

Conclusion

Potential Share Price Drivers:

• Progress on the property option agreement with Eagle Energy Metals Corp, including the satisfaction of acquisition milestones, could significantly impact valuation.
• The company’s ability to secure additional financing or complete the sale of its uranium assets remains crucial to ongoing operations and future share price movements.
• Ongoing uranium market dynamics, regulatory approvals, and macroeconomic conditions (such as inflation and global conflicts) remain key risks and opportunities for shareholders.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with their financial advisors before making any investment decisions. The information provided is based on unaudited financial statements and may be subject to change.

View Eagle Nuclear Energy Corp. Historical chart here