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The latest announcement is out from European Lithium ( (AU:EUR) ).
European Lithium has responded to an ASX query letter confirming that it first entered into negotiations with Nasdaq-listed Critical Metals Corp. on 17 March 2026 regarding a potential transaction. The company also confirmed that signing a non-binding indicative agreement with Critical Metals on 25 April 2026 constituted the point at which it became aware of material information about the proposed all-scrip acquisition of all EUR shares.
In its correspondence, European Lithium affirmed that it remains in compliance with ASX Listing Rules, specifically the continuous disclosure obligations under Listing Rule 3.1. The board further confirmed it had authorised the company’s responses, underscoring management’s view that earlier negotiation phases were incomplete and fell within disclosure exceptions until the non-binding agreement was executed.
More about European Lithium
European Lithium Limited is an ASX-listed company focused on lithium assets and related transactions, positioning itself within the battery metals sector. The company’s securities trade under the ticker EUR on the Australian Securities Exchange, and it is currently engaged in strategic corporate discussions that could affect its ownership structure and market valuation.
Average Trading Volume: 10,338,247
Technical Sentiment Signal: Buy
Current Market Cap: A$738M
Learn more about EUR stock on TipRanks’ Stock Analysis page.