Critical Metals Corp Announces European Lithium Acquisition Ratio

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Critical Metals Corp. Announces Share Scheme Transaction Ratio for Acquisition of European Lithium

New York, NY Critical Metals Corp. (Nasdaq: CRML) provided an update on its proposed acquisition of European Lithium Limited (ASX: EUR, FRA: PF8, OTC: EULIF) ahead of the European Lithium securityholder meetings scheduled for October 22, 2026.

Under the transaction, Critical Metals Corp will acquire 100 percent of the issued share capital of European Lithium and all listed options through Court-approved schemes of arrangement. European Lithium shareholders will receive 0.045 new Critical Metals Corp shares for each European Lithium share held at the record date, based on the established Share Scheme Transaction Ratio.

Transaction Details

  • Acquisition of 100 percent of European Lithium issued share capital and listed options.
  • Share Scheme Transaction Ratio set at 0.045 new Critical Metals Corp shares per European Lithium share.
  • Consideration value subject to Critical Metals Corp share price and AUD/USD exchange rate.
  • Securityholder meetings to vote on the schemes scheduled for October 22, 2026, in West Leederville, Western Australia.

About Critical Metals Corp.

Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals and minerals, and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners. Its initial flagship asset is the Wolfsberg Lithium Project located in Carinthia, 270 km south of Vienna, Austria. The Wolfsberg Lithium Project is the first fully permitted mine in Europe and is strategically located with access to established road and rail infrastructure and is expected to be the next major producer of key lithium products to support the European market. Wolfsberg is well positioned with offtake and downstream partners to become a unique and valuable building block in an expanding geostrategic critical metals portfolio. The Tanbreez Project represents one of the world's largest rare earth deposits. With this strategic asset portfolio, Critical Metals Corp is positioned to become a reliable and sustainable supplier of critical minerals essential for defense applications, clean energy transition, and next-generation technologies in the western world. For more information, please visit https://criticalmetalscorp.com/.

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