CRML News & Events

Latest data shows the largest indicative borrow rate increases among liquid option names include: Starfighters Space, Inc. (FJET) 116.23% +6.71, SpendSmart Networks Inc (SSPC) 58.19% +6.31, Leverage Shares 2X Long SPCX Daily ETF (SPCH) 50.00% +5.10, Critical Metals Corp (CRML) 67.53% +4.11, Advanced Semiconductor (ASX) 14.23% +3.43, Ambarella (AMBA) 3.65% +3.37, Tilray (TLRY) 9.36% +3.00, Angion Biomedica Corp (ELTX) 113.87% +1.97, Microvision (MVIS) 63.24% +1.41, and Defiance Daily Target 2x Long OKLO ETF (OKLL) 14.35% +1.33.

Critical Metals announced that it and European Lithium have entered into an amendment deed to the Scheme Implementation Deed governing Critical Metals' proposed acquisition of European Lithium. The amendments reflect agreed changes to certain implementation mechanics of the transaction while preserving the existing commercial terms of the proposed acquisition. The principal amendments include: European Lithium shareholders and listed optionholders holding 50,000 or fewer European Lithium shares or listed options, as applicable, on the applicable record date, will be eligible to participate in a sale facility. Under this facility, the Critical Metals common shares they would otherwise receive as Scheme consideration will be sold on-market by an appointed sale agent, and those holders will instead receive the net cash proceeds from the sale. Critical Metals common shares issued as Scheme consideration will be issued directly to eligible European Lithium securityholders. This replaces the previously contemplated CHESS Depositary Interest structure.