M&A
confidence high
sentiment positive
materiality 0.85
Sizzle Acquisition completes business combination with European Lithium, forms Critical Metals Corp. (CRML)
Sizzle Acquisition Corp.
- Business combination closed on February 27, 2024; Critical Metals Corp. begins trading on Nasdaq under CRML on February 28.
- Flagship asset is the Wolfsberg Lithium Project in Austria, Europe's first fully permitted lithium mine.
- Raised $10 million from three accredited PIPE investors to advance project construction and commissioning.
- Executive Chairman Tony Sage and CEO Dietrich Wanke to continue leading Critical Metals Corp.
- Company also secured a strategic agreement with automotive giant BMW (no financial terms disclosed).