Critical Metals Corp Amends European Lithium Takeover Structure, Targets September Close

Critical Metals Corp announced on August 19, 2026 a second amendment to the Scheme Implementation Deed governing its acquisition of European Lithium Limited, owner of the Wolfsberg Lithium Project in Carinthia, Austria — the first fully permitted lithium mine in Europe. The amendment replaces the previously planned CHESS Depositary Interest structure with direct issuance of Critical Metals common shares to eligible European Lithium securityholders; the agreed Scheme consideration, principal completion conditions, and strategic rationale are unchanged. European Lithium shareholders are expected to hold approximately 41% of the combined company. Subject to shareholder, optionholder, and Court approval, implementation is targeted for September 2026.