European Lithium wins court approval for Critical Metals takeover schemes
CRML•Western Australia's Supreme Court approved schemes for Critical Metals to acquire all European Lithium shares and listed options. The schemes are expected to take effect on October 27, 2026, with consideration scheduled for November 5 and new Critical Metals shares expected to begin Nasdaq trading on November 6.
1. Court approves schemes
Western Australia's Supreme Court approved schemes for Critical Metals to acquire all European Lithium shares and listed options. The schemes are expected to become effective on October 27, 2026, when ASX trading in European Lithium is scheduled to be suspended at the close. Shareholders and listed option holders are scheduled to receive consideration on November 5, and new Critical Metals shares are expected to begin Nasdaq trading on November 6. European Lithium is scheduled to be delisted from the ASX at 10:00 a.m. AEDT on November 6, unless otherwise determined by the exchange.
