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Tuesday, 10/25/2022 2:16:59 PM

Tuesday, October 25, 2022 2:16:59 PM

Post# of 197542
$EULIF news at .012 +92%

https://seekingalpha.com/news/3894482-european-lithium-to-go-public-though-deal-with-spac-sizzle-acquisition

European Lithium (OTCQB:EULIF) agreed to a deal with SPAC Sizzle Acquisition (NASDAQ:SZZL) to take the lithium miner public in a deal that will value the combined company about $972 million.
The companies will combine and the new entity will be called Critical Metals Corp., according to a statement. Critical Metals will own European Lithium’s Wolfsberg Lithium Project located in Wolfsberg, Austria, which is expected to be the first licensed lithium mine in Europe.
Critical Metals is expected to be listed on Nasdaq under the symbol “CRML,” which is forecast to occur in the first half of next year.
Bloomberg earlier reported news about talks between the SPAC and European Lithium.
In August European Lithium said it signed a memorandum of understanding with BMW AG to supply battery-grade lithium hydroxide.

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