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European Lithium to acquire Leinster Lithium Project in Ireland with CRML Shares

PUBLIC · EULLYApr 22, 2024

Acquiring Company

European Lithium

Acquired Company

Technology Minerals Plc

WolfsbergManufacturingEnergyMiningManufacturingEnergyArtificial IntelligenceRenewable EnergySecurity

Description

European Lithium Limited (ASX: EUR, FRA:PF8, OTC: EULIF) (European Lithium or the Company) is pleased to announce the execution of binding Heads of Agreement, pursuant to which European Lithium has agreed to acquire, and Technology Metals plc (TM1) has agreed to sell 100% of the issued share capital of LRH Resources Limited, its fully owned subsidiary, that holds 100% of the rights, title and interest in the Leinster Lithium project in Ireland (Acquisition) in an all script transaction.

Quick answer

European Lithium is acquiring Technology Minerals Plc, announced April 22, 2024. European Lithium is based in Wolfsberg, Carinthia, Austria.

How much did European Lithium pay for Technology Minerals Plc?
The deal value was not disclosed.
What does European Lithium do?
European Lithium is a prominent European-based exploration and development company focused on the Wolfsberg Lithium Project in Austria.
Where are European Lithium and Technology Minerals Plc based?
European Lithium is based in Wolfsberg, Carinthia, Austria.
Who are the decision-makers at European Lithium?
Fundz holds 1 contact at European Lithium. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

European Lithium

Location

Wolfsberg, Carinthia, Austria

About

European Lithium is a prominent European-based exploration and development company focused on the Wolfsberg Lithium Project in Austria. The company is dedicated to becoming a major supplier of raw materials for lithium-ion batteries in Europe, with a strong commitment to sustainable and responsible lithium production.

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Frequently asked

Who acquired Technology Minerals Plc?

Technology Minerals Plc was acquired by European Lithium, based in Wolfsberg. The deal was reported on April 22, 2024. European Lithium is a prominent European-based exploration and development company focused on the Wolfsberg Lithium Project in Austria. European Lithium is publicly traded (EULLY) and operates in Manufacturing.

When did European Lithium acquire Technology Minerals Plc?

European Lithium's acquisition of Technology Minerals Plc was reported on April 22, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Technology Minerals Plc do?

Technology Minerals Plc is the first UK listed company to create a circular economy for battery metals within a single group. It is privately held, operating in Manufacturing.

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