European Lithium Ltd (EULIF)

[dmerc]

Down another 13% on .asx, Was.the.news.THAT.bad? CRML Executes Term-Sheet For 50/50 Joint Venture with EU And Nato
Member, Romania for 50% Offtake of Tanbreez REE Concentrate
European Lithium Limited (ASX: EUR, FRA:PF8, OTC: EULIF) (European Lithium or the Company), is
pleased to announce that CRML has executed the Term-Sheet for creating a 50%-50% joint venture
between CRML and Fabrica de Prelucrare a Concentratelor de Uraniu S.R.L. (FPCU) of Romania, a stateowned entity and a strategic partner from a European Union and NATO member country. This takes the
total offtake from Tanbreez Project to 75% of future production.
Please see link for further details: https://www.globenewswire.com/newsrelease/2025/12/09/3202204/0/en/CRML-Executes-Term-Sheet-for-50-50-Joint-Venture-With-EU-andNATO-Member-Romania-Creating-a-Fully-Integrated-Mine-to-Processing-Supply-Chain-for-Long-TermSecurity-for-the-European.html
About European Lithium
European Lithium Limited is an exploration and development stage mining company focused mainly on lithium
in Austria, Ukraine, Ireland, and Australia.
European Lithium currently holds 53,036,338 (44.982%) ordinary shares in Critical Metals. Based on the
closing share price of Critical Metals being US$10.33 per share as of 9 December 2025, the Company’s
current investment in Critical Metals is valued at US$547,865,370 (A$827,276,708) noting that this valuation
is subject to fluctuation in the share price of Critical Metals.
For more information, please visit https://europeanlithium.com.
About Critical Metals Corp
Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals
and minerals, and producing strategic products essential to electrification and next-generation technologies
for Europe and its Western world partners. Its flagship Project, Tanbreez, is one of the world's largest, rareearth deposits and is located in Southern Greenland. The deposit is expected to have access to key
transportation outlets as the area features year-round direct shipping access via deep water fjords that lead
directly to the North Atlantic Ocean.
Another key asset is the Wolfsberg Lithium Project located in Carinthia, 270 km south of Vienna, Austria.
The Wolfsberg Lithium Project is the first fully permitted mine in Europe and is strategically located with
access to established road and rail infrastructure and is expected to be the next major producer of key lithium
products to support the European market. Wolfsberg is well positioned with offtake and downstream
partners to become a unique and valuable asset in an expanding geostrategic critical metals portfolio. With
this strategic asset portfolio, Critical Metals Corp is positioned to become a reliable and sustainable supplier
of critical minerals essential for defense applications, the clean energy transition, and next-generation
technologies in the western world.
For more information, please visit https://ir.criticalmetalscorp.com/
This announcement has been approved for release on ASX by the Board of Directors