Australian court approves Critical Metals’ European Lithium acquisition schemes
Critical Metals ($CRML) obtained approval from the Supreme Court of Western Australia for the schemes supporting its proposed acquisition of European Lithium. The transaction would acquire all European Lithium shares and listed options, with consideration paid through newly issued Critical Metals ordinary shares. Court approval follows the earlier securityholder vote and clears a separate legal step toward the combination. The schemes are expected to become effective after court orders are lodge