Critical Metals completes acquisition of European Lithium

Bitget2026/11/05 14:03

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Critical Metals completed its acquisition of European Lithium today, taking full ownership of the company.
European Lithium shareholders received 0.045 new ordinary shares per share; listed optionholders received 0.0353158621 new ordinary shares per option.
The acquisition involved issuing 90,539,994 new shares, bringing ordinary shares issued and outstanding to 194,219,631.
European Lithium's existing 45,536,338 ordinary shares will be treated as treasury shares, with voting and dividend rights suspended.
Cash totaled approximately $264.5 million immediately following the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Critical Metals Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611050900PRIMZONEFULLFEED9871220) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Critical Metals completes acquisition of European Lithium

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