
January 30, 2024
European Lithium Limited (ASX: EUR, FRA:PF8, OTC: EULIF) (European Lithium or the Company) advises that Sizzle Acquisition Corp, a publicly traded special purpose acquisition company (Nasdaq: SZZL) (Sizzle), has filed with the U.S. Securities and Exchange Commission (the SEC) an extension relating to the special meeting of Sizzle stockholders to vote on the approval and adoption of the business combination agreement for the Transaction, and related proposals. The meeting previously scheduled to be held on 31 January 2024 has been rescheduled to be held on 6 February 2024 at 9:00 a.m. Eastern Time. Sizzle’s stockholders of record as of the close of business on 26 December 2023 are entitled to vote at the special meeting.
HIGHLIGHTS
- Special Meeting of Sizzle’s stockholders to approve the proposed business combination with Critical Metals Corp (Critical Metals or CRML) rescheduled to be held on 6 February 2024
- The reason for the postponement is that EUR and Sizzle are evaluating potential investments from certain strategic parties in connection with the closing of the Transaction
On 26 October 2022, European Lithium announced that it has entered into a business combination agreement with Sizzle pursuant to which EUR will combine its wholly owned Wolfsberg Lithium Project (Wolfsberg Project) with Sizzle via a newly-formed, lithium exploration and development company named Critical Metals Corp (Critical Metals) which is expected to be listed on NASDAQ under the symbol “CRML” (Transaction).
The reason for the postponement of the Sizzle special meeting of shareholders is that the Company and Sizzle are evaluating potential investments from certain strategic parties in connection with the closing of the Transaction.
The Transaction is expected to be completed as soon as practicable following the conclusion of the special meeting of Sizzle stockholders to vote on the approval and adoption of the business combination agreement for the Transaction (assuming the satisfaction or waiver of the other conditions to closing as set forth in the business combination agreement).
Following completion of the Transaction, EUR will be issued US$750 million worth of ordinary shares in CRML. This announcement has been approved for release on ASX by the Board of Directors.
This announcement is intended to lift the trading halt of EUR requested on 29 January 2024.
Click here for the full ASX Release
This article includes content from European Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
EUR:AU
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
The Conversation (0)
07 September 2023
European Lithium
Developing the Advanced Wolfsberg Lithium Deposit in Austria
Developing the Advanced Wolfsberg Lithium Deposit in Austria Keep Reading...
27 August 2025
CRML signs LOI Offtake Agreement with UCORE (DOD Funded)
European Lithium (EUR:AU) has announced CRML signs LOI Offtake Agreement with UCORE (DOD Funded)Download the PDF here. Keep Reading...
20 August 2025
Outstanding New 2024 Diamond Drill Results Tanbreez Project
European Lithium (EUR:AU) has announced Outstanding New 2024 Diamond Drill Results Tanbreez ProjectDownload the PDF here. Keep Reading...
30 July 2025
Quarterly Activities Report and Appendix 5B
European Lithium (EUR:AU) has announced Quarterly Activities Report and Appendix 5BDownload the PDF here. Keep Reading...
24 July 2025
EUR Sells 0.5m CRML Shares for U$1.8m (A$2.7m)
European Lithium (EUR:AU) has announced EUR Sells 0.5m CRML Shares for U$1.8m (A$2.7m)Download the PDF here. Keep Reading...
09 July 2025
EUR Sells 0.5m CRML Shares for U$1.625m (A$2.5m)
European Lithium (EUR:AU) has announced EUR Sells 0.5m CRML Shares for U$1.625m (A$2.5m)Download the PDF here. Keep Reading...
16 September
Lithium Argentina Closes US$180 Million Ganfeng Expansion Deal
Lithium Argentina (TSX:LAR,NYSE:LAR) closed a US$180 million investment from Ganfeng Lithium (HKEX:1772,OTCPL:GNENF) this week (September 15) to fund the expansion of its South American operations.Ganfeng structured the capital injection as an unsecured convertible note carrying a 4.0 percent... Keep Reading...
03 September
CATL Suspends China’s Top Lithium Mine on Permit Loss
Contemporary Amperex Technology (SZSE:300750,HKEX:3750) (CATL) has placed its Jianxiawo lithium mine back on care and maintenance after Chinese regulators revoked the site’s environmental approval, indefinitely stalling the country’s largest lithium operation by capacity.According to a report by... Keep Reading...
01 September
Smackover Lithium and LG Energy Ink Decade-Long Supply Agreement
LG Energy Solution (KRX:373220) signed a binding 10 year take-or-pay agreement to secure 80,000 metric tons (MT) of battery-grade lithium carbonate from Smackover Lithium.Total supply volume will provide enough cathode material to produce batteries for approximately 1.8 million high-performance... Keep Reading...
26 August
Webbs Silver: 300M Expansion, 3rd Rig Added!
Rapid Critical Metals Limited (ASX: RCM, RCMO) (“Rapid” or “the Company”) is pleased to announce a standout set of silver assay results from the ongoing drilling program at its 100%-owned Webbs Silver Project in northern New South Wales (Webbs or the Project), headlined by 4m at 1,230 g/t AgEQ... Keep Reading...
19 August
Lithium Chile Challenges Canadian Review of China Deal
Lithium Chile (TSXV:LITH,OTCPL:LTMCF) is challenging the Canadian government’s jurisdiction over a national security review that threatens to stall the sale of its Argentine subsidiary to China Union Holdings.The Calgary-based exploration company announced it is evaluating legal and... Keep Reading...
10 August
Batteries: A Strategic Asset for National Security
The battery narrative largely focuses on electric vehicles (EVs) and electronics, but batteries also play a pivotal role in defense applications, a segment that is becoming key amid heightened geopolitical tensions. From emergency response equipment and communications infrastructure to broader... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






