CRITICAL METALS OS

Critical Metals has amended the takeover agreement with European Lithium, replacing the fixed exchange ratio with a flexible cap-and-collar calculated using the 20-day VWAP of CRML shares. The ratio is capped at 0.045 new CRML shares if the scheme VWAP ≤ $8.00, and at 0.025 if the VWAP ≥ $16.00; since the 20‑day VWAP was recently below $8.00, the current ratio would be 0.045. The adjustment also applies to listed options and performance rights; other terms remain unchanged. European Lithium plans to send a scheme booklet in early September and targets implementation for October 2026, subject to shareholder and court approval. » Plus sur de.investing.com

Cantor Fitzgerald initiated coverage of Critical Metals with a "Speculative Buy" and a price target of $18. The company is considering selling or spinning off non-core assets to free up capital for the Tanbreez project, began a 10,000-metre drilling campaign in June, and acquired an Arctic-capable accommodation vessel for 300 workers. The expansion comes against the backdrop of the rising geopolitical importance of the rare earths market. » Plus sur finanzen.net

Critical Metals is considering options such as a spin-off, asset sales, joint ventures and partnerships to concentrate on the Tanbreez project in Greenland. The aim is to pool resources and capital and accelerate development of the flagship project, which is intended to supply rare earth elements to customers in the western hemisphere. The company is also reviewing monetization of non-core assets and has appointed Clear Street as financial adviser and White & Case as legal adviser, without any guarantee that a transaction will occur. » Plus sur de.investing.com