Aussie/Kiwi M&A/Events

Aussie/Kiwi M&A/Events

European Lithium (EUR AU): Reverse Takeover?

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Quiddity Research
Apr 27, 2026
∙ Paid
  • 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.

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