Evolution Metals and Welsbach amend merger deal, drop CMR acquisition references

Evolution Metals LLC

Amendment No. 5 to merger agreement executed July 21, 2025 by EM, WTMA, and Merger Sub.
Amendment acknowledges termination of March 31, 2025 agreement to acquire Critical Mineral Recovery, Inc.
Removes all references to prior step transactions related to the terminated acquisition.
Exhibit 2.1 (Amendment) incorporated by reference to WTMA's Form 8-K filed August 5, 2025.

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