Critical Metals Extends Exclusivity for European Lithium Acquisition

Critical Metals Corp. announced an extension of the exclusivity period with ASX-listed European Lithium Limited to finalize a binding scheme implementation deed. Both companies have completed mutual due diligence for the proposed acquisition, where Critical Metals would acquire 100% of European Lithium's issued share capital and listed options. Under the proposed terms, European Lithium shareholders would receive 0.035 new Critical Metals shares for each share held, with optionholders receiving new Critical Metals shares based on the in-the-money value of their options. The transaction terms remain consistent with the previously disclosed non-binding offer.