SCHEDULE: European Lithium Sells Critical Metals Stake for $21M

Sentiment:

Major Shareholder Update


European Lithium Limited has reduced its stake in Critical Metals Corp. by selling 3 million ordinary shares for $21 million, now holding 53.2% of outstanding shares.

Summary

  • European Lithium Limited entered into a Securities Purchase Agreement on October 8, 2025, to sell 3,000,000 Ordinary Shares of Critical Metals Corp.
  • The aggregate purchase price for these shares was $21,000,000, equating to $7.00 per share.
  • Following this transaction, European Lithium Limited beneficially owns 59,916,641 Ordinary Shares of Critical Metals Corp.
  • This remaining stake represents 53.2% of Critical Metals Corp.'s 112,652,853 Ordinary Shares issued and outstanding as of October 7, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive for European Lithium Limited due to the significant cash inflow from the share sale. For Critical Metals Corp., it represents a change in the ownership structure of its largest shareholder, which is a neutral event in itself, though a reduction in a major holder's stake can sometimes be perceived negatively by the market.

Positives

  • European Lithium Limited received $21,000,000 in proceeds from the sale of 3,000,000 shares.
  • The sale price of $7.00 per share indicates a strong valuation for the divested shares.

Negatives

  • European Lithium Limited's ownership percentage in Critical Metals Corp. decreased from a prior undisclosed amount to 53.2%.

Future Outlook

NA

Industry Context

This filing primarily details a change in a major shareholder's stake and does not provide specific information to analyze broader industry trends or competitive positioning.

Stakeholder Impact

  • Shareholders of European Lithium Limited benefit from the $21 million cash proceeds from the sale.
  • Shareholders of Critical Metals Corp. will observe a change in the beneficial ownership percentage of their largest shareholder, which could influence market sentiment regarding the company's stability or future strategic direction.

Key Dates

DateDescription
October 24, 2022Date of the original Agreement and Plan of Merger.
January 4, 2023Date of amendment to the Merger Agreement.
July 7, 2023Date of amendment to the Merger Agreement.
November 17, 2023Date of amendment to the Merger Agreement.
December 27, 2023Issuer's Registration Statement on Form F-4 declared effective.
February 15, 2024Form F-4 supplemented.
February 27, 2024European Lithium Limited acquired 66,416,641 Ordinary Shares from the Issuer in connection with the Business Combination.
March 5, 2024Original Schedule 13D filed by European Lithium Limited.
December 13, 2024Amendment No. 1 to Schedule 13D filed.
July 1, 2025Amendment No. 2 to Schedule 13D filed.
October 6, 2025Date of event requiring the filing of this Amendment No. 3 to Schedule 13D.
October 7, 2025Date used for calculating the number of issued and outstanding Ordinary Shares (112,652,853 shares).
October 8, 2025European Lithium Limited entered into the Securities Purchase Agreement to sell 3,000,000 Ordinary Shares.

Recommendation

hold

This filing primarily reports a change in beneficial ownership by a major shareholder and a cash inflow for the seller. It does not provide operational or financial performance updates for Critical Metals Corp. While a significant shareholder reducing its stake can be a point of concern, the sale was executed at a notable price of $7.00 per share. Without further information on Critical Metals Corp.'s operational performance, strategic plans, or broader market conditions, a 'hold' recommendation is prudent, advising investors to maintain their current position while awaiting more comprehensive company updates.

Keywords

Critical Metals Corp, European Lithium, Share Sale, Equity Stake, Schedule 13D, Beneficial Ownership, Mining, Lithium

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