European Lithium Takeover Scheme Takes Effect, Trading Suspension Set
Closing price · 2026-10-27: $0.390 · +6.85%
Court-approved schemes for Critical Metals Corp. to acquire all European Lithium shares and listed options have taken effect, with implementation expected in early November. Eligible shareholders are due to receive Critical Metals shares at the previously announced exchange ratio, while option entitlements will be calculated under the scheme terms; European Lithium securities are set to be suspended from ASX trading.