| Schedule of Tanbreez Acquisition |
| | | 29 April
2026
$ | | | Fair value of equity instruments issued by CRML | | | | | CRML share consideration price at 29 April 2026 | | $ | 11.38 | | | Total number of shares issued to acquire the 50.5% controlling interest in Tanbreez | | | 14,500,000 | | | Total purchase price as at the acquisition date | | | 165,010,000 | | | | | | | | | CRML’s acquisition of 92.5% of Tanbreez | | | | | | Carrying value of existing 42% interest in shares (transferred from joint ventures) | | | 111,497,029 | | | Additional 50.5% interest acquired on 29 April 2026 | | | 165,010,000 | | | | | | 276,507,029 | | | Non-controlling interest initially recognized | | | 24,506,436 | | | | | | 301,013,465 | | | | | | | | | Net assets recognized on acquisition of Tanbreez | | | | | | Cash and cash equivalent | | | 1,762,010 | | | Exploration and evaluations | | | 307,495,098 | | | Property and plant and equipment | | | 8,139,758 | | | Trade and other payables | | | (152,116 | ) | | Funding from related party – CRML | | | (15,407,018 | ) | | Funding from related party – European Lithium Ltd | | | (824,267 | ) | | Net assets recognised on acquisition | | | 301,013,465 | |
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