Exhibit 99.4

UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION

On May 18, 2026, the Company entered into a binding Scheme Implementation Deed (SID) under which the Company will acquire all of the issued shares and listed options of European Lithium Ltd. (“European Lithium” or “EUR”) by way of two interdependent schemes of arrangement under Australian law (the “EUR Transaction”). Completion of the EUR Transaction is conditional upon a number of items, including, without limitation, the approval of the shareholders of European Lithium which is scheduled to occur on October 22, 2026. The EUR Transaction is expected to be completed in November 2026.

On July 3, 2026, the Company entered into a deed to amend the SID with the principal changes being:

On August 19, 2026, the Company entered into a second deed to amend the SID with the principal changes being the introduction of a floating Share Scheme Transaction Ratio, subject to a cap and collar, replacing the previous fixed ratio of 0.035 New CRML Shares for each EUR Share whereby:

The unaudited pro forma condensed combined balance sheet as of June 30, 2026 combines the audited historical consolidated balance sheet of CRML as of June 30, 2026 with the audited historical consolidated balance sheet of European Lithium as of June 30, 2026, giving effect to the EUR Transaction as if it had been consummated as of that date.

The unaudited pro forma condensed combined statement of operations for the fiscal year ended June 30, 2026 combines the audited historical consolidated statement of operations of CRML for the fiscal year ended June 30, 2026, and the audited historical consolidated financial statements of EUR for the fiscal year ended June 30, 2026, giving effect to the EUR Transactions as if it had been consummated as of July 1, 2025, the first day of the earliest period presented.

The historical financial information has been adjusted to give pro forma effect to events that relate to material financing and acquisition transactions consummated or intended after June 30, 2026 which consist of the EUR Transaction. The adjustments presented on the unaudited pro forma condensed combined financial statements have been identified and presented to provide relevant information necessary for an accurate understanding of the combined company.

The historical financial consolidated statements of CRML, and EUR have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). The condensed combined pro forma financial information is prepared on an IFRS basis and is presented in US Dollars (“USD”), the reporting currency used by the Company.

The historical financial statements of EUR were originally reported using Australian Dollars (“AUD”) and have been translated into USD to conform to the reporting currency of CRML.

The unaudited pro forma condensed combined financial information is for illustrative purposes only. The actual financial results may have differed had the companies been combined during the periods presented. You should not rely on the unaudited pro forma condensed combined financial information as being indicative of the historical results that would have been achieved had the companies been combined or of the future results that the combined company will experience.

In connection with the EUR Transaction, the acquisition of EUR is an asset acquisition accounted for under IFRS 2 and as a result the 7.5% interest in Tanbreez held by EUR will eliminate the non-controlling interest held by CRML in Tanbreez as an equity transaction under IFRS 10.23 and accounted for as a consolidation in accordance with IFRS 10. In accordance with IFRS 10, changes in a parent’s ownership interest in a subsidiary that do not result in a loss of control are accounted for as equity transactions. The subsequent increase in CRML’s ownership interest via the EUR Transaction is reflected as an equity transaction; no gain or loss is recognized in the statement of operations, and the carrying amounts of the controlling interest and the non-controlling interest (“NCI”) are adjusted, reducing the NCI to zero to reflect CRML’s 100% ultimate ownership of Tanbreez.

This information should be read together with the following:

Anticipated Accounting Treatment

EUR Transaction

In connection with the EUR Transaction, the acquisition of EUR will be accounted for as a consolidation, in accordance with IFRS10. CRML will acquire 100% of EUR and, as a result the remaining 7.5% interest in Tanbreez held by EUR, will bring CRML’s total ownership of Tanbreez to 100%. In accordance with IFRS 10.23, changes in a parent’s ownership interest in a subsidiary that do not result in a loss of control are accounted for strictly as equity transactions (i.e., transactions with owners in their capacity as owners).

Consequently, the acquisition of the remaining 7.5% interest via the EUR Transaction will not result in the recognition of a gain or loss in the statement of operations. Instead, the transaction will adjust the carrying amounts of the controlling interest and reduce the NCI balance to zero, reflecting CRML’s ultimate 100% ownership of Tanbreez.

Accounting Acquirer Determination for EUR Transaction

CRML was determined to be the accounting acquirer in the EUR Transaction under IFRS 10 and IFRS 3. While the application of IFRS 3 involves a higher level of judgement, an evaluation of the relative facts and circumstances favored CRML as the acquirer, specifically:

Accordingly, EUR is treated as the accounting acquiree.

Asset Acquisition Classification of Stage 2 Acquisition and EUR transaction

In accordance with IFRS 3, the EUR Transaction are accounted for as an asset acquisition rather than a business combination, because EUR lack the substantive inputs and processes required to meet the definition of a business:

Because the EUR transaction does not constitute a business combination and the purchase consideration is settled via the issuance of equity instruments, the transaction falls within the scope of IFRS 2 (Share-based Payment) as an equity-settled asset acquisition.

Measurement Basis and Asset/Equity Recognition

In accordance with IFRS 2, the transaction is measured based on the fair value of the identifiable assets acquired and liabilities assumed at the acquisition date. CRML recognizes these identifiable items at their acquisition-date fair values, including property, plant, and equipment (PP&E), cash and cash equivalents, and other investments. Equity instruments issued by the Company are recognized as an increase in equity, measured by reference to the fair value of the net assets acquired. Because IFRS 3 does not apply, no goodwill is recognized, total consideration is entirely allocated to the identifiable assets and liabilities based on their relative fair values, and transaction costs are capitalized as part of the initial asset cost basis. 

EUR Transaction

Reciprocal Shareholding and Treasury Share Reclassification (IAS 32)

Prior to the closing of the EUR Transaction, EUR will hold a historical investment in CRML. While this investment is initially recognized at fair value as part of the assets acquired via the transaction, under IAS 32 (Financial Instruments: Presentation), an entity is prohibited from recognizing its own equity instruments as a financial asset. Accordingly, the historical CRML shares to be acquired from EUR will be immediately reclassified as treasury shares and presented as a deduction from equity within the condensed combined financial statements, eliminating the reciprocal investment asset against equity.

Replacement Share-Based Payment Awards

As part of the EUR Transaction, the Company will replace existing share-based payment arrangements held by key management personnel (KMPs) of EUR with new equity-settled awards over the shares of CRML.

While the transaction is an asset acquisition outside the scope of IFRS 3, the allocation and modification principles of IFRS 2 are applied to evaluate these replacement awards. The grant-date fair value of the replacement awards is allocated between historical acquisition consideration and post-acquisition employee compensation based on the proportion of the vesting period completed at the acquisition date:

The replacement of these awards constitutes a modification under IFRS 2. The Company measures the fair value of the original awards immediately before the replacement and compares it to the fair value of the new awards at the grant date. Any incremental fair value granted is recognized as additional employee compensation expense over the remaining vesting period. The Company recognizes, at minimum, the grant-date fair value of the original awards, provided the original vesting conditions are met.  

UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEET

AS OF JUNE 30, 2026

		CRML (Historical)				EUR (Historical)				Combined before adjustments				EUR Transaction Accounting Adjustments-Min					Pro Forma Combined				EUR Transaction Accounting Adjustments-Max					Pro Forma Combined
ASSETS
Current assets
Cash and cash equivalents		$	102,476,578			$	204,162,127			$	306,638,705			$	-				$	306,638,705			$	-				$	306,638,705
Trade and other receivables			1,206,085				1,284,358				2,490,443				-					2,490,443				-					2,490,443
Prepaid expenses			938,440				43,690				982,130				-					982,130				-					982,130
Indemnification asset			-				1,181,164				1,181,164				-					1,181,164				-					1,181,164
Short term loans receivable			-				6,621,899				6,621,899				(5,667,442	)	D			954,457				(5,667,442	)	D			954,457
Derivative asset			-				4,583,779				4,583,779				-					4,583,779				-					4,583,779
Total current assets			104,621,103				217,877,017				322,498,120				(5,667,442	)				316,830,678				(5,667,442	)				316,830,678
Non-current assets
Restricted cash and other deposits			15,359,960				39,237				15,399,197				-					15,399,197				-					15,399,197
Property and plant and equipment, net			16,755,765				1,019				16,756,784				-					16,756,784				-					16,756,784
Inventory, net			15,800,000				-				15,800,000				-					15,800,000				-					15,800,000
Deferred exploration and evaluation expenditure			343,957,052				-				343,957,052				-					343,957,052				-					343,957,052
Investment in joint venture			7,423,067				-				7,423,067				-					7,423,067				-					7,423,067
Listed and unlisted investments			-				21,782,165				21,782,165				-					21,782,165				-					21,782,165
Investment in associate			-				31,328,480				31,328,480				-					31,328,480				-					31,328,480
Investment in associate -Tanbreez			-				7,177,119				7,177,119				16,892,021		A			-				16,892,021		A			-
															(24,069,140	)	C							(24,069,140	)	C
Investment in associate -CRML			-				466,444,026				466,444,026				262,137,382		A			-				(102,153,322	)	A			-
															(728,581,408	)	B							(364,290,704	)	B
Right of use asset			11,502				-				11,502				-					11,502				-					11,502
Long term loans receivable			-				803,432				803,432				(803,432	)	D			-				(803,432	)	D			-
Total non-current assets			399,307,346				527,575,478				926,882,824				(474,424,577	)				452,458,247				(474,424,577	)				452,458,247
Total assets		$	503,928,449			$	745,452,495			$	1,249,380,944			$	(480,092,019	)			$	769,288,925			$	(480,092,019	)			$	769,288,925
LIABILITIES
Current liabilities
Trade and other payables		$	19,210,789				2,136,546				21,347,335				-					21,347,335				-					21,347,335
Provisions			106,392				-				106,392				-					106,392				-					106,392
Lease liability			6,244				1,315				7,559				-					7,559				-					7,559
Funding from related party			5,671,129				-				5,671,129				(5,671,129	)	D			-				(5,671,129	)	D			-
Warrants liability			95,067,012				-				95,067,012				-					95,067,012				-					95,067,012
Total current liabilities			120,061,566				2,137,861				122,199,427				(5,671,129	)				116,528,298				(5,671,129	)				116,528,298
Non-current liabilities
Funding from related party			803,955				-				803,955				(803,955	)	D			-				(803,955	)	D			-
Offtake prepayment			15,000,000				-				15,000,000				-					15,000,000				-					15,000,000
Lease liability			7,614				460				8,074				-					8,074				-					8,074
Deferred tax liability			-				1,261,437				1,261,437				-					1,261,437				-					1,261,437
Total non-current liabilities			15,811,569				1,261,897				17,073,466				(803,955	)				16,269,511				(803,955	)				16,269,511
Total liabilities			135,873,135				3,399,758				139,272,893				(6,475,084	)				132,797,809				(6,475,084	)				132,797,809
Net Assets			368,055,314				742,052,737				1,110,108,051				(473,616,935	)				636,491,116				(473,616,935	)				636,491,116
EQUITY
Share capital			629,774,711				66,474,147				696,248,858				954,607,993		A			1,650,856,851				635,836,974		A			1,332,085,832
Share premium			-				-				-				-					-				-					-
Unissued Capital			45,734,183				-				45,734,183				-					45,734,183				-					45,734,183
Treasury shares			-				-				-				(728,581,408	)	B			(728,581,408	)			(364,290,704	)	B			(364,290,704	)
Reserves			97,532,461				(7,039,938	)			90,492,523				7,039,938		A			97,536,671				7,039,938		A			97,536,671
															4,210		D							4,210		D
Accumulated deficit			(429,055,181	)			682,618,529				253,563,348				(682,618,529	)	A			(429,055,181	)			(728,138,214	)	A			(474,574,866	)
Non controlling interest			24,069,140				(1	)			24,069,139				1		A			-				1		A			-
															(24,069,140	)	C							(24,069,140	)	C
Total equity		$	368,055,314			$	742,052,737			$	1,110,108,051			$	(473,616,935	)			$	636,491,116			$	(473,616,935	)			$	636,491,116

 

UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF OPERATIONS

FISCAL YEAR ENDED JUNE 30, 2026

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS

Note 1 — Description of the Business Combination

On May 18, 2026, the Company entered into a binding Scheme Implementation Deed (“SID”) under which the Company will acquire all of the issued shares and listed options of European Lithium Ltd. (“European Lithium” or “EUR”) by way of two interdependent schemes of arrangement under Australian law (the “EUR Transaction”). Completion of the EUR Transaction is conditional upon a number of items, including, without limitation, the approval of the shareholders of European Lithium which is scheduled to occur on October 22, 2026. The EUR Transaction is expected to be completed in November 2026.

On July 3, 2026, the Company entered into a deed to amend the SID with the principal changes being:

On August 19, 2026, the Company entered into a second deed to amend the SID with the principal changes being the introduction of a floating Share Scheme Transaction Ratio, subject to a cap and collar, replacing the previous fixed ratio of 0.035 New CRML Shares for each EUR Share whereby:

In connection with the EUR Transaction, CRML intends to acquire 100% of EUR. As a result of the acquisition of EUR Transaction, CRML will acquire the remaining 7.5% minority interest held in Tanbreez a consolidated subsidiary of CRML, resulting in CRML holding a 100% ultimate ownership interest in Tanbreez and EUR.

Corporate Governance & Management

In connection with the asset acquisition in the EUR Transaction, the Company will replace existing share-based payment arrangements held by key management personnel (KMPs) of EUR with new equity-settled awards over the shares of CRML. 

Note 2 — Basis of Presentation

The accompanying unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S-X, as amended by SEC Final Rule Release No. 33-10786, “Amendments to Financial Disclosures about Acquired and Disposed Businesses.”

The unaudited pro forma condensed combined balance sheet as of June 30, 2026, gives pro forma effect to the EUR Transaction as if they had been consummated on June 30, 2026. The unaudited pro forma condensed combined statements of operations for the fiscal year ended June 30, 2026, give pro forma effect to the transactions as if they had been consummated on July 1, 2025, the earliest period presented.

The historical financial statements of CRML, EUR have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). The condensed combined pro forma financial information reflects IFRS and is presented in US Dollars (“USD”).

To prepare the pro forma financial information, the historical financial statements of EUR were originally reported using Australian Dollars (“AUD”) and have been translated into USD to conform to the reporting metrics of CRML:

The unaudited pro forma condensed combined financial information gives effect to the transaction under two potential consideration scenarios based on the exchange ratio range set forth in the SID:

The actual number of shares to be issued at closing will be determined based on the final exchange ratio specified in accordance with the SID upon consummation of the EUR Transaction.

On April 29, 2026, CRML completed the acquisition of a 50.5% ownership interest in Tanbreez Mining Greenland A/S (“Tanbreez”), which increased the CRML’s ownership in Tanbreez from 42% to 92.5%. The results of the operations of the CRML for the year ended June 30, 2026 included consolidation of the results of the operations of Tanbreez since April 29, 2026, as well as share of the losses of Tanbreez recorded under equity method of accounting for the period form July 1, 2025 to April 29, 2026 of $1,054,949. The amounts included in the column “Tanbreez (July 1, 2025 through April 29, 2026)” included in the pro-forma results of operations represent addition of results of the operations of Tanbreez for the period from July 1, 2025 through April 29, 2026.

The historical financial information has been adjusted to give pro forma effect to the EUR Transaction. The adjustments are presented to provide relevant information necessary for an accurate understanding of the combined company upon consummation. The pro forma information is for illustrative purposes only and is not necessarily indicative of the historical results that would have been achieved or the future results that the combined company will experience.

Note 3 — Accounting for the Asset Acquisitions

Basis of Consolidation and Control Assessment

In connection with the EUR Transaction, CRML’s intended acquisition of EUR will result in the Company acquiring the remaining 7.5% interest, bringing CRML’s total ownership of Tanbreez to 100%. In accordance with IFRS 10.23, changes in a parent’s ownership interest in a subsidiary that do not result in a loss of control are accounted for strictly as equity transactions (i.e., transactions with owners in their capacity as owners).

Consequently, the acquisition of the remaining 7.5% interest via EUR will not result in the recognition of a gain or loss in the statement of operations. Instead, the transaction will adjust the carrying amounts of the controlling interest and reduce the NCI balance to zero, reflecting CRML’s ultimate 100% ownership of Tanbreez and of EUR.

Accounting Acquirer Determination

CRML was determined to be the accounting acquirer under IFRS 10 and IFRS 3. While the application of IFRS 3 involves a higher level of judgement, an evaluation of the relative facts and circumstances favored CRML as the acquirer, specifically: relative voting rights post-transaction (Under the minimum consideration scenario CRML is anticipated to hold approximately 67% and EUR 33% and under the maximum consideration scenario CRML is anticipated to hold approximately 53% and EUR 47%), the composition of the combined governing body, the selection of senior executive management, the relative size of the entities, and underlying terms of exchange. Accordingly, EUR is treated as the accounting acquiree.

Measurement Basis and Asset/Equity Recognition

In accordance with IFRS 2, the EUR Transaction is measured based on the fair value of the identifiable assets acquired and liabilities assumed at the acquisition date. CRML recognizes these identifiable items at their acquisition-date fair values, including property, plant, and equipment (PP&E), cash and cash equivalents, and other investments. Equity instruments issued by the Company are recognized as an increase in equity, measured by reference to the fair value of the net assets acquired. Because IFRS 3 does not apply, no goodwill is recognized; total consideration is entirely allocated to the identifiable assets and liabilities based on their relative fair values, and transaction costs are capitalized as part of the initial asset cost basis.

Reciprocal Shareholding and Treasury Share Reclassification (IAS 32)

Prior to the transaction, EUR held an historical investment in CRML. While this investment is initially recognized at fair value as part of the assets acquired via the transaction, under IAS 32 (Financial Instruments: Presentation), an entity is prohibited from recognizing its own equity instruments as a financial asset. Accordingly, the historical CRML shares acquired from EUR are immediately reclassified as treasury shares and presented as a deduction from equity within the condensed combined financial statements, eliminating the reciprocal investment asset against equity.

Replacement Share-Based Payment Awards

As part of the EUR Transaction, the Company will replace existing share-based payment arrangements held by key management personnel (KMPs) of EUR with new equity-settled awards over the shares of CRML. 

While the EUR Transaction is an asset acquisition outside the scope of IFRS 3, the allocation and modification principles of IFRS 2 are applied to evaluate these replacement awards. The grant-date fair value of the replacement awards is allocated between historical acquisition consideration and post-acquisition employee compensation based on the proportion of the vesting period completed at the acquisition date:

In connection with the EUR Transaction, certain outstanding share-based payment awards of the EUR held by employees/grantees are being exchanged for replacement share-based payment awards of CRML. Although IFRS 2 is the applicable basis of accounting for the EUR transaction IFRS 3 paragraph B56-B62 are applied by analogy only. In accordance with IFRS 3 Business Combinations (specifically paragraphs 56–58 and B56–B62), the market-based measure of the replacement awards is allocated between consideration transferred for the acquiree (pre-combination service) and post-combination remuneration expense. Although the EUR Transaction does not fall under the scope of IFRS 3, as this is an asset acquisition, the principles under IFRS 3 were used to determine the accounting approach for the share-based payments awards replaced.

The table below sets forth, under each consideration scenario, (i) the number of replacement instruments issued, (ii) the fair value/market-based measure of the original and replacement awards, including the valuation date and valuation source/methodology, (iii) the allocation between consideration transferred and post-acquisition expense, and (iv) the amount of any incremental fair value:

Min Consideration Scenario

Max Consideration Scenario

Purchase Price Allocation (PPA) – Min Consideration Scenario

The fair value of EUR’s identifiable net assets was determined as follows:

Under the minimum consideration scenario, the fair value of net assets exceeds the fair value of consideration by $239,926,974. IFRS 2 does not address the accounting for this scenario. However, under IFRS 9 Financial Instruments, financial assets must be recognized at their fair values on initial recognition. Normally, any day 1 losses for financial assets with quoted prices are recognized in profit or loss immediately. However, a significant portion of the assets acquired being 71% of the assets being acquired is CRML’s own shares, the excess of fair value of net assets acquired have been recognized in equity.

Purchase Price Allocation (PPA) – Max Consideration Scenario

The fair value of EUR’s identifiable net assets was determined as follows:

Under the maximum consideration scenario, the fair value of consideration exceeds the fair value of net assets by $45,519,685.

The difference between the total consideration paid less the net assets acquired is recognized in profit or loss in accordance with IFRS 2.13A.

Note 4 — EUR Conversion and Presentation Alignment from AUD to USD

The historical financial information of EUR has been prepared in Australian Dollars (AUD) and is being converted to US Dollars (USD) for the purposes of the unaudited pro forma condensed consolidated financial information to conform with the historical financial information of CRML.