Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Search
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,799.54
(0.51%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,404.30
(0.4%)
Lithium
41.42
(1.37%)
Iron Ore
103.35
(-0.13%)

European Lithium (ASX: $EUR) evaluates potential investments for Sizzle's business combination

Overview of European Lithium's evaluation of potential investments for Sizzle's business combination


European Lithium Limited (ASX: $EUR) has rescheduled the special meeting of Sizzle Acquisition Corp's stockholders to approve the proposed business combination with Critical Metals Corp to 6 February 2024. The postponement is due to the evaluation of potential investments from certain strategic parties in connection with the closing of the Transaction. Upon completion of the Transaction, EUR will be issued US$750 million worth of ordinary shares in CRML.

Executive commentary on the rescheduled special meeting and potential investments


The rescheduling of the special meeting of Sizzle's stockholders is a strategic decision to carefully evaluate potential investments that could significantly impact the closing of the Transaction. We believe that considering investments from strategic parties is in the best interest of all stakeholders involved. This decision aligns with our commitment to ensuring the successful completion of the business combination with Critical Metals Corp.

Summary of European Lithium's business combination and outlook


European Lithium's rescheduling of the special meeting to evaluate potential investments for Sizzle's business combination with Critical Metals Corp demonstrates the company's dedication to securing strategic partnerships. The completion of the Transaction is expected to lead to the issuance of US$750 million worth of ordinary shares in CRML to EUR. This move reflects European Lithium's proactive approach to maximizing the benefits of the business combination and underscores the company's commitment to enhancing shareholder value and driving future growth.

Sourcehttps://announcements.asx.com.au/asxpdf/20240131/pdf/05zxhm8z43tckh.pdf

Share to Social
0 Comments
Inline Feedbacks
View all comments

Stock Piper AI Index Coming Soon!

Join our Newsletter to gain exclusive insight and be notified once we are live.

By clicking Subscribe, you agree to our Terms & Conditions

ASX News, First And Fast.

Get all the latest market updates straight to your inbox.

By clicking Subscribe, you agree to our Terms & Conditions