European Lithium (CRML) sells 2.5M Critical Metals shares in $33.75M deal
Rhea-AI Filing Summary
Critical Metals Corp. received an ownership update from major shareholder European Lithium Limited. European Lithium entered a Securities Purchase Agreement on February 3, 2026 to sell 2,500,000 Ordinary Shares for $33,750,000, with the transaction closing on February 4, 2026.
After this sale, European Lithium beneficially owns 45,536,338 Ordinary Shares, representing 37.3% of Critical Metals’ outstanding Ordinary Shares, based on 122,074,807 shares outstanding as of February 4, 2026. European Lithium also has a potential entitlement to 3,389,419 additional earnout shares if specified price-related conditions are met within five years of the business combination.
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FAQ
What change in ownership of Critical Metals Corp. (CRML) does this Schedule 13D/A report?
European Lithium Limited reports a reduced stake in Critical Metals Corp.. After selling 2,500,000 Ordinary Shares, it now beneficially owns 45,536,338 shares, representing 37.3% of the company’s 122,074,807 outstanding Ordinary Shares as of February 4, 2026.
What percentage of Critical Metals Corp. (CRML) does European Lithium now own?
Following the February 2026 share sale, European Lithium beneficially owns 37.3% of Critical Metals’ Ordinary Shares. This percentage is based on 45,536,338 shares held by European Lithium and a total of 122,074,807 Ordinary Shares outstanding as of February 4, 2026.
What agreement governed European Lithium’s February 2026 sale of Critical Metals (CRML) shares?
The sale was governed by a Securities Purchase Agreement dated February 3, 2026 between European Lithium and a third party. Under this agreement, European Lithium sold 2,500,000 Ordinary Shares of Critical Metals for an aggregate consideration of $33,750,000.