In the first week of October 2025, European Lithium sprang a series of major moves that reshaped its financial position and project portfolio. On October 6, the company revealed it netted US$21 million in fresh funds by selling 3 million shares of Critical Metals Corp. to a U.S. institutional investor at $7 per shareproactiveinvestors.com. This off-market placement, done at a ~10% premium to recent averages, immediately bolsters European Lithium’s cash reserves. Executive Chairman Tony Sage hailed the deal, saying it “again highlights the value of the company’s holding in CRML,” noting that even after the sale European Lithium retains 60 million CRML shares valued around US$689 million at recent prices – far above European Lithium’s own market capitalizationproactiveinvestors.com. In Sage’s view, the market is severely undervaluing the company’s assets: the Nasdaq holding alone equates to roughly A$0.73 per European Lithium share, versus the stock’s pre-deal trading levels in the teens of centsproactiveinvestors.com.