Critical Metals Corp. has updated the timeline and transaction mechanics for its proposed acquisition of European Lithium Ltd., while leaving the deal’s commercial terms, completion conditions and strategic rationale unchanged. Under the revised structure, European Lithium shareholders and optionholders with 50,000 securities or fewer can use a sale facility to have the Critical Metals shares they would otherwise receive sold on market, with cash proceeds paid to them. The companies also dropped the CHESS Depositary Interest (CDI) approach in favor of direct delivery of Critical Metals shares to eligible European Lithium investors. European Lithium expects to issue a Scheme Booklet in late July or early August, and the transaction is expected to complete in September 2026.