Latest European Lithium (ASX:EUR) News

Small-cap shares delivered the week’s biggest moves, led by Mamba’s exploration funding and Cettire’s rebound. Clinical failures, cash shortages and delayed projects kept the broader market cautious.

European Lithium reported a A$930.6 million FY2026 profit, but the headline result was dominated by a A$1.276 billion accounting gain after losing control of Critical Metals Corp. The company now heads towards an October vote on a merger that would fold its cash, CRML stake and mineral assets into a single NASDAQ-listed group.

European Lithium has dispatched the scheme booklet for its proposed merger with NASDAQ-listed Critical Metals Corp., putting shareholders and optionholders on the path to votes on 22 October. The transaction remains conditional on securityholder, Court and regulatory approvals, with implementation targeted for 5 November.

European Lithium’s proposed takeover by Critical Metals Corp. can now proceed to shareholder votes, but an independent expert has warned that the share scheme is not fair, even while calling it reasonable and in shareholders’ best interests absent a superior proposal. The decisive votes are scheduled for 22 October 2026.

European Lithium has lodged the Scheme Booklet with ASIC for its proposed merger with Critical Metals Corp, advancing the regulatory process with a court hearing scheduled for mid-September.

European Lithium and Critical Metals Corp have amended their merger terms to replace a fixed share exchange ratio with a floating ratio tied to Critical Metals' NASDAQ share price, potentially increasing shareholder value amid ongoing merger progress.

European Lithium (ASX: EUR) has obtained a crucial ASX waiver allowing it to cancel unlisted options and performance rights without shareholder approval, smoothing the path for its acquisition by NASDAQ-listed Critical Metals Corp (NASDAQ: CRML).

A tiny gold explorer, a battery materials stock and a biotech name led a week packed with dealmaking, drilling news and fresh funding. Resources did most of the heavy lifting, while several big gaps either held firm or gave back part of their early jump.

Speculation ran hottest in junior resources, where drilling hits, study results and funding deals drove some extreme weekly moves. Rare earths, gold and dealmaking set the pace, while several capital raisings and acquisitions produced mixed reactions.

European Lithium and Critical Metals Corp. have amended their merger agreement, introducing a sale facility option for small shareholders and switching to direct share issuance, aiming for scheme implementation in October 2026.

European Lithium Limited (ASX: EUR) reports steady progress toward its proposed acquisition by Critical Metals Corp (NASDAQ: CRML), with key regulatory and shareholder approvals on track for early September 2026.

European Lithium (ASX: EUR) and Critical Metals Corp (NASDAQ: CRML) have agreed to prolong their exclusivity period to finalise a binding scheme of arrangement. The proposed deal would see CRML acquire 100% of EUR's shares and listed options, with EUR shareholders receiving CRML shares at a fixed exchange ratio.