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Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

Critical Metals Corp. (NASDAQ: CRML) announced the execution of a binding agreement to acquire all issued shares and listed options of European Lithium Ltd. (ASX: EUR) through two schemes of arrangement under Australian law.

Under the transaction, European Lithium shareholders will receive 0.035 Critical Metals shares for each European Lithium share held. The acquisition will give Critical Metals access to European Lithium's cash balance of approximately AUD$306 million (US$219 million) as of March 31, 2026, and an additional US$18 million in marketable securities.

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals signs deal to acquire European Lithium for $219 million

Mon, 18 May 2026 08:30:55 -0400

The deal will consolidate Critical Metals' ownership of the Tanbreez Rare Earth Project in Greenland to 100%, as European

Critical Metals Signs Definitive Agreement to Acquire European Lithium

Mon, 18 May 2026 08:30:00 -0400

NEW YORK, May 18, 2026 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp.” or the “Company”), further to its news release on April 27, 2026, today announced the execution of a binding Scheme Implementation Deed under which Critical Metals will acquire all of the issued shares and listed options of European Lithium Ltd. (ASX:EUR) ("European Lithium") by way of two interdependent schemes of arrangement under Australian law (the "Transaction").

Critical Metals’ Chief Executive Officer and Executive Chairman Mr. Tony Sage commented, “The market reaction to this acquisition on April 27 was very positive

Critical Metals Signs Definitive Agreement to Acquire European Lithium

Mon, 18 May 2026 08:30:00 -0400

Critical Metals’ Chief Executive Officer and Executive Chairman Mr. Tony Sage commented, “The market reaction to this acquisition on April 27 was very positive

Critical Metals Signs Definitive Agreement to Acquire European Lithium

Mon, 18 May 2026 08:30:00 -0400

Critical Metals’ Chief Executive Officer and Executive Chairman Mr. Tony Sage commented, “The market reaction to this acquisition on April 27 was very positive

Critical Metals Signs Definitive Agreement to Acquire European Lithium

Mon, 18 May 2026 08:30:00 -0400

Critical Metals’ Chief Executive Officer and Executive Chairman Mr. Tony Sage commented, “The market reaction to this acquisition on April 27 was very positive

Critical Metals Signs Definitive Agreement to Acquire European Lithium

Mon, 18 May 2026 08:30:00 -0400

Critical Metals’ Chief Executive Officer and Executive Chairman Mr. Tony Sage commented, “The market reaction to this acquisition on April 27 was very positive