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Critical Metals Corp's acquisition of European Lithium approved by shareholders, court hearing set for Oct 26, 2026.

Company Fundamentals
22 Oct 2026
GlobeNewsWire
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Bullish
Critical Metals Corp's acquisition of European Lithium approved by shareholders, court hearing set for Oct 26, 2026.

Critical Metals Corp announced that European Lithium shareholders and optionholders have overwhelmingly approved its acquisition proposal. The deal involves Critical Metals acquiring 100% of European Lithium's shares and options through court-approved schemes. The next step is a final court hearing scheduled for October 26, 2026, with the acquisition expected to be implemented by November 5, 2026. This merger strengthens Critical Metals' position in the critical minerals market, supporting electrification and next-gen technologies in Europe and beyond.

Critical Metals Corp's merger with European Lithium is the subject, with Pluang's Basic Materials sector data providing market context. As of Oct 22, 2026 19:11 WIB, out of 83 priced US Basic Materials stocks on Pluang, only 10 rose while 73 fell. Among notable movers, Coeur Mining Inc. (CDE) traded at USD 14.50 with a 1-day change of -4.16%, First Majestic Silver Corp. (AG) at USD 15.43 down 4.10%, and Hudbay Minerals Inc. (HBM) at USD 23.01 down 4.09%. Typical hold times range from 6 to 13 days across these assets.

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