EUROPEAN LITHIUM TO ACQUIRE LEINSTER LITHIUMPROJECT IN IRELAND...

EUROPEAN LITHIUM TO ACQUIRE LEINSTER LITHIUMPROJECT IN IRELAND WITH CRML SHARESHIGHLIGHTS• European Lithium has entered into a binding agreement with Technology Metals plc, a UK-basedcompany listed on the standard list of the London Stock Exchange, to acquire 100% of the issuedshare capital of its fully owned subsidiary, LRH Resources, that holds the rights, title and interest inthe Leinster Lithium Project in Ireland.• Consideration of $US10 million to be settled through the transfer of 1,234,568 shares held byEuropean Lithium in Critical Metals Corp (Nasdaq: CRML) at a deemed share price of $8.10 USD/share.• Exploration program is targeting lithium prospects in the underexplored lithium province ofLeinster, Ireland.• Initial exploration program covering 23 prospecting licenses of ca. 761 km2, demonstrated thepresence of 24 intervals of lithium-bearing spodumene pegmatites across nine drill holes withgrades up to 2.57 % Li2O at Knockeen.• Leinster Lithium Project, drilling confirmed LCT pegmatite dike swarm within East CarlowDeformation Zone, surface assays and trench samples confirmed the range up to 3.75 % Li2O.• European Lithium continues to build a quality exploration projects portfolio in prospective lithiumprovinces.