Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/european-lithium-ltd" target="_blank" data-smartkarma-citation="entities:10716:1" rel="noopener">European Lithium (EUR AU)</a>'s ~34.4% held <a href="https://www.smartkarma.com/entities/critical-metals-corp" target="_blank" data-smartkarma-citation="entities:48829:1" rel="noopener">Critical Metals (CRML US)</a> has announced a non-binding reverse takeover via a Scheme scrip deal.</li>
<li>CRML intends to issue 0.035 new CRML shares for each EUR share. The implied value per CRML scrip is A$0.58/share. EUR shareholders will hold ~45% of the combined entity.</li>
<li>A completed merger sees 100% of Tanbreez Rare Earth project under one roof. Exclusive due diligence to run until around the 7th May. EUR is up 53% as I type.</li>
</ul>



European Lithium (EUR AU)'s ~34.4% held Critical Metals (CRML US) has announced a non-binding reverse takeover via a Scheme scrip deal.
CRML intends to issue 0.035 new CRML shares for each EUR share. The implied value per CRML scrip is A$0.58/share. EUR shareholders will hold ~45% of the combined entity.
A completed merger sees 100% of Tanbreez Rare Earth project under one roof. Exclusive due diligence to run until around the 7th May. EUR is up 53% as I type.


European Lithium (EUR AU): Critical Metals (CRML US) Firms Reverse Takeover

<ul>
<li>
<a href="https://www.smartkarma.com/entities/european-lithium-ltd" target="_blank" data-smartkarma-citation="entities:10716:1" rel="noopener">European Lithium (EUR AU)</a>, which holds a (estimated) ~34.4% stake in <a href="https://www.smartkarma.com/entities/critical-metals-corp" target="_blank" data-smartkarma-citation="entities:48829:1" rel="noopener">Critical Metals (CRML US)</a>, the mining operator of projects in Austria, Greenland, and Ireland, is currently suspended.</li>
<li>The rumour mill suggest CRML will make an offer for its parent. CRML recently received government approval to control 92% of the Tanbreez rare earths project in Greenland</li>
<li>Those same rumours are indicating a A$0.58/share, or a 104% premium to European Lithium's last close. </li>
</ul>



European Lithium (EUR AU), which holds a (estimated) ~34.4% stake in Critical Metals (CRML US), the mining operator of projects in Austria, Greenland, and Ireland, is currently suspended.
The rumour mill suggest CRML will make an offer for its parent. CRML recently received government approval to control 92% of the Tanbreez rare earths project in Greenland
Those same rumours are indicating a A$0.58/share, or a 104% premium to European Lithium's last close. 


European Lithium (EUR AU): Reverse Takeover?

United States

Critical Metals Corp operates as a metal mining company. The Company specializes in the secure and sustainable supply of lithium metals and minerals. Critical Metals serves customers worldwide.

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Critical Metals (CRML US)

European Lithium (EUR AU): Critical Metals (CRML US) Firms Reverse Takeover

Clean, if not unorthodox, deal. If small, somewhat illiquid arbs are your bag, I might simply go outright long in EUR, to capture the holding...

David Blennerhassett

European Lithium (EUR AU): Reverse Takeover?

Reportedly rare-earth play European Lithium (EUR AU) is set to receive an Offer from 34.4%-held Critical Metals (CRML US),

David Blennerhassett

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