Jul. 31 at 2:32 PM
$EULIF QUARTERLY ACTIVITIES REPORT FOR THE PERIOD
ENDED 30 June 2026
https://hotcopper.com.au/threads/ann-quarterly-activities-report-and-appendix-5b.9265383/
SUMMARY OF KEY UPDATES
• EUR entered into a binding Scheme Implementation Deed with Critical Metals Corp. (Nasdaq:
CRML) under which CRML will acquire 100% of the issued share capital of European Lithium by
way of a court-approved scheme of arrangement in exchange for CRML shares.
• European Lithium’s cash balance at 30 June 2026 was
$296.3 million
• The Government of Greenland approved the transfer of the remaining 50.5% interest in the
Tanbreez Rare Earth Project to Critical Metals, increasing Critical Metals’ ownership to 92.5%.
• CRML commenced construction of a multi-purpose storage, on-site laboratory and pilot plant
facility in Qaqortoq, southern Greenland
• CRML launched its U
$30 million Project Acceleration Plan, advancing drilling, pilot plant bulk
sampling and the acquisition of Greenlandic civils, construction and mining contractor 60 Degree
North A/S.