EUR 5.26% 4.0¢ european lithium limited

EUROPEAN LITHIUM LIMITED, page-2983

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    As we await ~Feb 8 for the Sizzle meeting to confirm the Critical Metals merger to be listed on the NASDAQ, here is a recap of EUR published today, and interesting it compares to Core (CXO) :

    https://ipo-edge.com/critical/

    • Unit of miner European Lithium Ltd. (ASX: EUR) merging with Sizzle Acquisition Corp. (Nasdaq: SZZL) to create Critical Metals Corp.
    • Developing Wolfsberg Lithium Project in Austria, 270km from Vienna, close to large import markets in Europe
    • Wolfsberg to supply approximately 10,500 tons of lithium hydroxide
    • In pole position as local supplier to European battery supply chain
    • Has binding long-term offtake agreement with BMW
    • Global demand for lithium is expected to triple by 2031 as EVs become more popular
    • Enterprise value attractive compared with competitor Core Lithium
 
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