Critical Metals Corp. Acquisition of European Lithium Becomes Effective
Critical Metals Corp's acquisition of European Lithium Limited has become legally effective, with the Supreme Court of Western Australia approving the Part 5.1 schemes of arrangement on October 26, 2026. Under the Share Scheme, eligible European Lithium shareholders will receive 0.045 new Critical Metals Corp shares per European Lithium share; optionholders receive shares via a cashless exercise formula. Critical Metals Corp is relying on the Court approval as the basis for a Securities Act Section 3(a)(10) registration exemption for the new shares it will issue.
Key figures
- Deal Value Usd
- 0
- Consideration type
- all-stock (new Critical Metals Corp ordinary shares)
- Implementation date
- November 5, 2026
- New shares trading date
- November 6, 2026
- Share scheme exchange ratio
- 0.045 new CRML shares per European Lithium share
AI analysis
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