Critical Metals issues replacement warrants for European Lithium performance rights
CRML•Critical Metals issued replacement warrants for European Lithium performance rights that vest automatically if the 20-day Nasdaq volume-weighted average share price meets applicable U.S. dollar hurdles, with no further cash payment required.
1. Warrant terms
Critical Metals’ November 5, 2026 warrant provides for Bidder Replacement Warrants to replace European Lithium performance rights. The warrants automatically vest when the 20-day Nasdaq volume-weighted average share price meets the applicable U.S. dollar vesting hurdle, without further cash payment. Ordinary Shares must be issued within five business days after vesting; unvested warrants lapse on the applicable December 31 expiry date in 2027, 2028 or 2029.
