MINEX Forum

Tag: NASDAQ

  • Velta Agrees Sale to U.S. Investor CRML as Part of Strategic Relaunch Plan

    Velta Agrees Sale to U.S. Investor CRML as Part of Strategic Relaunch Plan

    Ukrainian titanium producer Velta is entering a new phase of development after its owner, businessman Andriy Brodsky, agreed in early 2026 to sell the company to U.S.-based investment group CRML in what market sources describe as a “survival and relaunch” transaction.

    The deal is designed to secure fresh capital and reposition the company within global titanium supply chains. Under the agreement, Velta is expected to strengthen integration with major Western industrial partners and expand its footprint in the international titanium market.

    As part of its transformation strategy, Velta signed an agreement with European Lithium and initiated a due diligence process, a key step before further structural decisions are taken. Following the audit, the partners may consider spinning off Velta as a standalone entity and pursuing a listing on the NASDAQ stock exchange in the United States.

    A NASDAQ listing would provide access to one of the world’s deepest pools of technology-focused capital and could support large-scale fundraising. The company intends to channel new investment into building a metallic titanium plant based on its proprietary technology, as well as expanding research and development capabilities.

    Industry observers say the transaction opens new financing pathways and positions Velta to evolve into a vertically integrated titanium player with advanced technological expertise. The strategy also includes investment in in-house power generation to lower operating costs and improve efficiency.

    If completed, a U.S. stock market listing would mark one of the most notable Ukrainian M&A developments in the post-2022 period, highlighting the ability of export-oriented, high-tech manufacturers to attract Western investment despite challenging market conditions.

    The transaction signals more than a change in ownership, potentially marking a broader reset for Ukraine’s titanium industry and its integration into global supply chains.

  • European Lithium’s Nasdaq Surge and Future Outlook

    European Lithium’s Nasdaq Surge and Future Outlook

    The ascent of Critical Metals Corp. (CRML) on the Nasdaq exchange has been truly remarkable. With a remarkable surge of more than 26% in a single trading day, CRML concluded at an impressive US$13.03, causing ripples throughout the market. This surge, coupled with a substantial turnover exceeding A$1 million, highlights the strong interest and confidence surrounding CRML’s initiatives. Leading this narrative is European Lithium Ltd (EUR), which recently joined forces with Sizzle Acquisition Corp, positioning itself at the forefront of this growing story. This strategic merger not only enhances EUR’s market presence but also lays the groundwork for potential value appreciation for its investors. Despite CRML’s remarkable success, Barry Dawes of Martin Place Securities points out a disparity between CRML’s performance and EUR’s current share price, hovering around A$0.078. Dawes suggests that EUR’s market capitalization of US$1.064 billion significantly undervalues its inherent potential, given CRML’s trajectory. He argues that EUR shares should reasonably be at least five times higher to mirror CRML’s performance, indicating a considerable value disparity that needs addressing. At the core of European Lithium’s strategic vision lies the development of the Wolfsberg Lithium Project in Austria. This ambitious initiative, now elevated to a pre-development stage, underscores EUR’s unwavering commitment to becoming a pivotal player in the European lithium-ion battery supply chain. With Critical Metals Corp. spearheading this transformative project, Wolfsberg emerges as a crucial asset poised to reshape the regional battery landscape. EUR’s chairman, Tony Sage, expresses confidence in the company’s path, citing access to US capital markets and the synergistic advantages of being listed on Nasdaq. He envisions Critical Metals as a cornerstone supplier in Europe’s burgeoning battery sector, with Wolfsberg playing a catalytic role in driving sustainable innovation. In a positive development, European Lithium Ltd recently settled APL and Okewood Pty Ltd, boosting investor confidence and removing potential obstacles to growth. This resolution, praised by EUR’s executive chairman Tony Sage as “very positive,” underscores the company’s dedication to creating a favourable environment for value enhancement. Sage’s optimism resonates with shareholders, as the elimination of uncertainties clears the path for unimpeded progress and strategic alignment. As European Lithium navigates the complexities of the global market, such resolutions serve as a testament to its resilience and steadfast commitment to delivering value to shareholders.

  • European Lithium closes in on Nasdaq listing; secures Wolfsberg financing

    European Lithium closes in on Nasdaq listing; secures Wolfsberg financing

    European Lithium Ltd provided an update on the progress of its proposed merger, NASDAQ listing and additional equity investment.

    The company confirms that Critical Metals Corp has secured an equity investment facility for additional capital and it is expected to secure more capital in the coming weeks, leading up to shareholder approval of the transaction.