0001213900-24-092156 | 20-F | XBRL Viewer

Expenses from Continuing Operations (Details) - Schedule of Consultants and Professional Services - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Consultants and professional services
Taxation advisors	$ (2,811)	$ (21,242)
Strategy advisors	(17,551)
Company secretarial advisors		(4,075)
Legal fees	(1,271,313)	(282,020)
General	$ (32,910)	$ (3,400)

Restricted Cash and Other Deposits (Details) - Schedule of Restricted Cash and Other Deposits - USD ($)

Jun. 30, 2024

Jun. 30, 2023

Schedule of Restricted Cash and Other Deposits [Abstract]

Funds held on deposit against offtake prepayment

^[1]

$ 15,000,000

Total restricted cash and other deposits

$ 15,020,679

$ 21,170

[1]

On 1 June 2024, Bayerische Motoren Werkte Aktiengesellschaft (BMW) transferred funds of US $15 million to ECM Lithium in relation to the offtake of battery grade lithium hydroxide (LiOH) from the Wolfsberg Project. The funds are held in a deposit account secured against a bank guarantee (note 19) and are to be offset against LiOH delivered to BMW.

Insider Trading Policies and Procedures	3 Months Ended
Insider Trading Policies and Procedures	Jun. 30, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Income Tax (Details) - Schedule of Income Tax Rate - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Income Tax Rate [Abstract]
Domestic tax rate for the Company	$ (36,872,314)	$ (1,231,682)
Non-temporary tax adjustments		1,137,734
Non-deductible fair value adjustments on restructure	32,756,017
Current year deferred tax assets (non-tax losses) not recognised	$ 4,095,259	$ 93,949

Reserves (Details) - Schedule of NASDAQ Listing Reserve - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of NASDAQ Listing Reserve [Abstract]
Balance at beginning of year
NASDAQ listing costs (note 30)	43,998,710
Balance at end of year	$ 43,998,710

Expenses from Continuing Operations (Details) - Schedule of Merger Expenses - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Merger Expenses
Merger expenses	$ (9,373,737)	$ (5,104,937)

Sizzle Acquisition (Tables)

12 Months Ended

Jun. 30, 2024

Sizzle Acquisition [Abstract]

Schedule of Fair Value of the Shares and Warrants

In accordance with IFRS 2, the Company has treated the difference between the net liability position and fair value of the shares and warrants of $67,797,276 as a listing expense.

	30 June 2024 $
Fair value of equity instruments to have been issued by CRML
Sizzle share consideration price	$	10.20
Total number of Sizzle shares at closing
Sponsor shares		4,313,599
Sizzle Public shares		91,999
		4,313,599

Total fair value of equity instruments issued to Sizzle shareholders		43,998,710

Fair value of identifiable net assets of Sizzle:
Cash and cash equivalent		9,835,289
Proceeds from trust account attributable to not redeemed shares held by Empery		(8,819,744	)
Accrued offering costs and expenses		(11,979,192	)
Excise tax payable		(1,630,890	)
Deferred underwriters fee		(8,150,000	)
Income tax payable		(675,442	)
Promissory note – related party		(1,459,437	)
Listed warrants		(919,150	)
Fair value of identifiable net assets of Sizzle at 29 February 2024		(23,798,566	)

IFRS 2 listing expense		67,797,276

Warrants Liability (Details) - Schedule of Fair Value of the Warrants Granted - shares	Jun. 30, 2024	Jun. 17, 2024	Feb. 27, 2024
Schedule of Fair Value of the Warrants Granted [Line Items]
Number warrants issued (in Shares)	1,000,000	1,000,000	10,000,000

Funding from Related Party (Details) - Schedule of Funding from Related Party - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Schedule of Funding from Related Party [Line Items]
Working capital advance from parent	$ 4,268,857	$ 34,603
Total	$ 4,268,857	$ 34,603

Restricted Cash and Other Deposits (Tables)

12 Months Ended

Jun. 30, 2024

Restricted Cash and Other Deposits [Abstract]

Schedule of Restricted Cash and Other Deposits

	30 June 2024 $		30 June 2023 $
Funds held on deposit against offtake prepayment (i)		15,000,000		-
Term deposits (ii)		20,679		21,170
		15,020,679		21,170

(i)

(ii)

Restricted cash relates to the bank guarantees provided by ECM Lithium to the value of €20,000 in respect of any unrepaired damage to property at the Wolfsberg Project. These deposits are subject to restrictions and are therefore not available for general use by the entities within the Group.

Sizzle Acquisition (Details)	12 Months Ended
Sizzle Acquisition (Details)	Jun. 30, 2024 USD ($)
Sizzle Acquisition [Line Items]
Fair value adjustment of warrants	$ 67,797,276

Warrants Liability (Details) - USD ($)				12 Months Ended
Warrants Liability (Details) - USD ($)	Jun. 18, 2024	Jun. 17, 2024	Feb. 27, 2024	Jun. 30, 2024
Warrants Liability [Line Items]
Number of warrants issued (in Shares)		1,000,000	10,000,000	1,000,000
Warrants exercisable		$ 11.45	$ 10	$ 11.5
Warrant exercised (in Shares)	600,000
Warrant acquired (in Shares)	600,000
PIPE warrant acquired (in Dollars)	$ 6,000,000
Listed warrants (in Shares)				7,750,000
Listed warrants carrying value (in Dollars)				$ 919,150

Warrants Liability (Tables)

12 Months Ended

Jun. 30, 2024

Warrants Liability [Abstract]

Schedule of Unlisted and Listed Warrants Liability

	30 June 2024 $		30 June 2023 $
Unlisted warrants ($10.00 expiring 27/05/2025)		9,196,701		-
Listed warrants ($11.50 exp. 27/2/2029)		2,340,413		-
Unlisted warrants ($10.71 exp. 27/02/2027)		27,200,000		-
Unlisted warrants ($11.45 exp. 18/6/2029)		7,170,000		-
		45,907,114		-

Schedule of Warrants Liability

	30 June 2024 $			30 June 2023 $
Balance at beginning of year		-			-
Issue of unlisted warrants – (a)		1,259,650			-
Issue of unlisted warrants – (a)		9,876,533			-
Issue of unlisted warrants – (b)		27,200,000			-
Issue of unlisted warrants – (c)		7,212,000			-
Issue of listed warrants (note 29) – Replacement warrants		919,150
Exercise of warrants (note 22)		(21,120,000	)		-
Gain/(loss) on fair value of warrants		20,559,781
Balance at end of year		45,907,114			-

Warrants issued on 27 February 2024 with exercise price of $10.00 (subject to adjustments)

Warrants issued on 27 February 2024 with exercise price of $10.71 (subject to adjustments)

Warrants Liability (Details) - Schedule of Warrants	12 Months Ended
Warrants Liability (Details) - Schedule of Warrants	Jun. 30, 2024 $ / shares shares
Schedule of Warrants [Line Items]
Number of Warrants (in Shares) \| shares	1,000,000
Grant date	Jun. 18, 2024
Expiry Date	Jun. 18, 2029
Exercise Price	$ 10.71
Fair value at issue date	7.212
Fair value at 30 June 2024	$ 7.17

Income Tax (Details) - Schedule of Deferred Tax Assets - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Unrecognised temporary differences
Start-up organisational expenses	$ 14,548,197
Exploration costs deducted for tax purposes	7,257,748	$ 6,326,621
Carry forward tax losses	$ 16,175,180

Offtake Prepayment

12 Months Ended

Jun. 30, 2024

Offtake Prepayment [Abstract]

OFFTAKE PREPAYMENT

19.

OFFTAKE PREPAYMENT

	30 June 2024 $		30 June 2023 $
Bank guarantee issued against offtake prepayment (note 9)		15,000,000		-
		15,000,000		-

Warrants Liability

12 Months Ended

Jun. 30, 2024

Warrants Liability [Abstract]

WARRANTS LIABILITY

20.

WARRANTS LIABILITY

	30 June 2024 $		30 June 2023 $
Unlisted warrants ($10.00 expiring 27/05/2025)		9,196,701		-
Listed warrants ($11.50 exp. 27/2/2029)		2,340,413		-
Unlisted warrants ($10.71 exp. 27/02/2027)		27,200,000		-
Unlisted warrants ($11.45 exp. 18/6/2029)		7,170,000		-
		45,907,114		-

	30 June 2024 $			30 June 2023 $
Balance at beginning of year		-			-
Issue of unlisted warrants – (a)		1,259,650			-
Issue of unlisted warrants – (a)		9,876,533			-
Issue of unlisted warrants – (b)		27,200,000			-
Issue of unlisted warrants – (c)		7,212,000			-
Issue of listed warrants (note 29) – Replacement warrants		919,150
Exercise of warrants (note 22)		(21,120,000	)		-
Gain/(loss) on fair value of warrants		20,559,781
Balance at end of year		45,907,114			-

Warrants issued on 27 February 2024 with exercise price of $10.00 (subject to adjustments)

On 27 February 2024, a total of 350,000 warrants were issued to Polar Multi-Strategy Master Fund (Polar) to settle historic obligations of Sizzle. The unlisted warrants are exercisable at $10.00 each (subject to adjustments) on or before 27 May 2025.

The warrants are classified as derivative liabilities because it converts into a variable number of shares and its value varies with the Company’s share price.

The fair value of the warrants granted to Polar is estimated as at the date of issue (27 February 2024) using the Black and Scholes option pricing model taking into account the terms and conditions upon which the warrants were granted. The assumptions used in determining the fair value were as follows:

	Assumptions
Number warrants issued		350,000
Dividend yield		0.00	%
Expected volatility		75	%
Risk-free interest rate		4.948	%
Expected life of warrants		1.25 years
Exercise price	$	10.00
Issue date share price	$	10.20

The expected life of the warrants is based on historical data and is not necessarily indicative of exercise patterns that may occur. The expected volatility reflects the assumption that the historical volatility is indicative of future trends, which may also not necessarily be the actual outcome.

The fair value of the warrants granted is estimated as at 30 June 2024 using the Black and Scholes option pricing model taking into account the terms and conditions upon which the warrants were granted. The assumptions used in determining the fair value were as follows:

	Assumptions
Number warrants issued		350,000
Dividend yield		0.00	%
Expected volatility		75	%
Risk-free interest rate		5.134	%
Expected life of warrants		0.91 years
Exercise price	$	10.00
Share price at 30 June 2024	$	11.27

The following warrants were issued during the year ended 30 June 2024 to corporate advisors upon closure of the Transaction:

Corporate Advisor		Number of warrants				Grant date		Expiry Date		Exercise Price				Fair value at issue date				Fair value at 30 June 2024
Polar			350,000			27 February 2024		27 May 2025		$	10.00			$	3.599			$	3.843

Warrants issued on 27 February 2024 with exercise price of $10.00 (subject to adjustments)

On 27 February 2024, a total of 1,000,0000 warrants were issued to three Funds affiliated with Empery Asset Management LP (Empery) as part of the PIPE funding. The unlisted warrants are exercisable at $10.00 each (subject to adjustments) on or before 27 May 2025.

The warrants are classified as derivative liabilities because it converts into a variable number of shares and its value varies with the Company’s share price. Under the terms of the agreement, on exercise of the PIPE Investor Warrants the holder obtains 1 CMC share and 3 Additional Shares in CRML.

	Assumptions
Number of warrants issued		1,000,000
Dividend yield		0.00	%
Expected volatility		75	%
Risk-free interest rate		4.948	%
Expected life of warrants		1.25 years
Exercise price	$	10.00
Issue date share price	$	10.20

	Assumptions
Number of warrants issued		1,000,000
Dividend yield		0.00	%
Expected volatility		75	%
Risk-free interest rate		5.134	%
Expected life of warrants		0.91 years
Exercise price	$	10.00
Share price at 30 June 2024	$	11.27

The following warrants were issued during the year ended 30 June 2024 to corporate advisors upon closure of the Transaction:

Corporate Advisor		Number of warrants				Grant date		Expiry Date		Exercise Price				Fair value at issue date				Fair value at 30 June 2024
Empery			1,000,000			27 February 2024		27 May 2025		$	10.00			$	3.599			$	3.843

Warrants issued on 27 February 2024 with exercise price of $10.71 (subject to adjustments)

On 27 February 2024, a total of 1,814,797 warrants were issued to Gem Global Yield LLC SCS (GEM) for a credit facility to be made available to the Company. The unlisted warrants are exercisable at $10.71 each (subject to adjustments) on or before 27 February 2027. The warrants are classified as derivative liabilities because it converts into a variable number of shares and its value varies with the Company’s share price.

The fair value of the warrants granted is estimated as at the date of grant (27 February 2024) using the Monte Carlos Simulation (MCS) model taking into account the terms and conditions upon which the warrants were granted. The assumptions used in determining the fair value were as follows:

	Assumptions
Number warrants issued		1,814,797
Dividend yield		0.00	%
Expected volatility		75	%
Risk-free interest rate		4.5	%
Expected life of warrants		3.00 years
Exercise price	$	10.71
Issue date share price	$	10.20

The fair value of the warrants issued is estimated as at 30 June 2024 using the Monte Carlos Simulation (MCS) model taking into account the terms and conditions upon which the warrants were granted. The assumptions used in determining the fair value were as follows:

	Assumptions
Number warrants issued		1,814,797
Dividend yield		0.00	%
Expected volatility		75	%
Risk-free interest rate		4.585	%
Expected life of warrants		2.66 years
Exercise price	$	10.71
Share price at 30 June 2024	$	11.27

The following warrants were issued during the year ended 30 June 2024 to corporate advisors:

Corporate Advisor		Number of Warrants				Grant date		Expiry Date		Exercise Price				Fair value at grant date				Fair value at 30 June 2024
GEM			1,814,797			27 February 2024		27 February 2027		$	10.71			$	5.623			$	6.069

From 1 March 2025 the GEM Investor has the right require CRML to purchase the GEM Warrant from GEM Global in exchange for a number of ordinary shares in the Company having a value equal to US$27,200,000. Accordingly, the GEM Warrants are valued at the higher amount of the fair value of the warrant and US$27,200,000.

Empery PIPE Investor Warrants issued on 27 February 2024 with exercise price of $10.00 (subject to adjustments)

On 27 February 2024, a total of 1,000,0000 warrants were issued to three Funds affiliated with Empery Asset Management LP (Empery) as part of the PIPE funding for consideration of US$9,880,682. The unlisted warrants are exercisable at US$10.00 each (subject to adjustments) on or before 27 May 2025. The Empery Warrants provide the PIPE Investor with 3 Additional Shares for each Ordinary Share that the PIPE Investor purchases upon exercise of the PIPE Investors’ Warrants.

The PIPE Investor Warrants are classified as derivative liabilities because it converts into a variable number of shares and its value varies with the Company’s share price.

The fair value of the PIPE Investor Warrants is estimated as at the date of issue (27 February 2024) using the Black and Scholes option pricing model taking into account the terms and conditions upon which the warrants were granted. The assumptions used in determining the fair value were as follows:

	Assumptions
Number of warrants issued		1,000,000
Dividend yield		0.00	%
Expected volatility		75	%
Risk-free interest rate		4.948	%
Expected life of warrants		1.25 years
Exercise price	$	10.00
Issue date share price	$	10.20

As the fair value determined using the Black Scholes Model of the Warrants issued to PIPE Investors was in excess of the US$9,880,682 cash received, the difference in fair value of the derivative liability and consideration received (the Calibration Allowance) is deferred and amortised over the 15 months that the warrant was exercisable or fully recognised as an expense when the warrant was exercised.

On 18 June 2024 Empery Asset Management LP (Empery) exercised 600,000 of the PIPE Warrants to acquire 2.4 million CMRL shares for US$6 million. This related to 600,000 CMRL shares at US$10 per share and the 3 additional shares provided to PIPE Investors upon exercise of the PIPE Warrants.

As at 30 June 2024 the assumptions used in determining the fair value were as follows:

	Assumptions
Number of warrants issued		400,000
Dividend yield		0.00	%
Expected volatility		75	%
Risk-free interest rate		5.134	%
Expected life of warrants		0.91 years
Exercise price	$	10.00
Share price at 30 June 2024	$	11.27

Additional warrants issued to Empery Asset Management LP

On 17 June 2024, a total of 1,000,000 warrants were issued to Empery Asset Management LP (Empery) induce early conversion of the February 2024 warrants. The unlisted warrants are exercisable at $11.45 each (subject to adjustments) on or before 18 June 2029. The warrants are classified as derivative liabilities because it converts into a variable number of shares and its value varies with the Company’s share price.

The fair value of the warrants is estimated as at the date of grant using the Black and Scholes option pricing model taking into account the terms and conditions upon which the warrants were granted. The assumptions used in determining the fair value were as follows:

	Assumptions
Number warrants issued		1,000,000
Dividend yield		0.00	%
Expected volatility		75	%
Risk-free interest rate		4.3	%
Expected life of warrants		5.00 years
Exercise price	$	11.45
Issue date share price	$	11.30

The fair value of the warrants issued is estimated as at 30 June 2024 using the Black and Scholes option pricing model taking into account the terms and conditions upon which the warrants were granted. The assumptions used in determining the fair value were as follows:

	Assumptions
Number warrants issued		1,000,000
Dividend yield		0.00	%
Expected volatility		75	%
Risk-free interest rate		4.333	%
Expected life of warrants		4.97 years
Exercise price	$	11.45
Share price at 30 June 2024	$	11.27

The following warrants were issued during the year ended 30 June 2024 to corporate advisors:

Corporate Advisor		Number of Warrants issued				Grant date		Expiry Date		Exercise Price				Fair value at issue date				Fair value at 30 June 2024
Empery			1,000,000			18 June 2024		18 June 2029		$	10.71			$	7.212			$	7.17

Listed warrants

At closing of the Transaction, a total of 7,750,000 listed warrants with a carrying value of $919,150 (note 29) were issued to Sizzle warrant holders to replace the existing Sizzle public warrants on issue. The listed warrants are exercisable at $11.50 each on or before 27 February 2029 and trade under the ticker CRMLW. The public warrants are valued at the closing warrant trading price at reporting date.

Reserves (Details) - Schedule of Reserves - USD ($)	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Reserves (Details) - Schedule of Reserves [Line Items]
NASDAQ listing reserve	$ 43,998,710

Cover	12 Months Ended
Cover	Jun. 30, 2024 shares
Document Information [Line Items]
Document Type	20-F
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Financial Statement Error Correction [Flag]	false
Document Shell Company Report	false
Entity Interactive Data Current	Yes
Document Accounting Standard	International Financial Reporting Standards
ICFR Auditor Attestation Flag	false
Amendment Flag	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Information [Line Items]
Entity Registrant Name	Critical Metals Corp.
Entity Central Index Key	0001951089
Entity File Number	001-41973
Entity Incorporation, State or Country Code	D8
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	Kingston Chambers
Entity Address, Address Line Two	PO Box 173
Entity Address, City or Town	Road TownTortola
Entity Address, Country	VG
Entity Address, Postal Zip Code	00000
Entity Listings [Line Items]
Title of 12(b) Security	Warrants, each exercisable to purchase one ordinary share at an exercise price of $11.50 per share
Trading Symbol	CRMLW
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding	80,994,098
Business Contact [Member]
Entity Contact Personnel [Line Items]
Contact Personnel Name	Corporation Service Company
Entity Address, Address Line One	251 Little Falls Drive
Entity Address, City or Town	Wilmington
Entity Address, State or Province	DE
Entity Address, Postal Zip Code	19808
Entity Phone Fax Numbers [Line Items]
City Area Code	(302)
Local Phone Number	636-5400

Expenses from Continuing Operations (Details) - Schedule of Listing Expenses (Parentheticals)	12 Months Ended
	Jun. 30, 2024 shares
Expenses from Continuing Operations (Details) - Schedule of Listing Expenses (Parentheticals) [Line Items]
Issue of shares to settle financing costs	350,000

Expenses from Continuing Operations (Details) - Schedule of Finance Expenses - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Expenses from Continuing Operations (Details) - Schedule of Finance Expenses [Line Items]
Issue of 1,000,000 warrants to Empery (note 20)	$ (7,212,000)
Issue of 1,814,797 warrants to GEM (note 20)	(27,200,000)
GEM payable (note 15)	$ (1,145,000)

Restricted Cash and Other Deposits (Details) $ in Millions	Jun. 01, 2024 USD ($)
Restricted Cash and Other Deposits [Abstract]
Funds transferred	$ 15

Accounting Policies, by Policy (Policies)

12 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Value added tax (VAT)

Revenues, expenses and assets are recognised net of the amount of VAT except:

◾

When the VAT incurred on a purchase of goods and services is not recoverable from the taxation authority, in which case the VAT is recognised as part of the cost acquisition of the asset or as part of the expense item as applicable; and receivables and payables are stated with the amount of VAT included.

◾

The net amount of VAT recoverable from, or payable to, the taxation authority is included as part of receivables or payables in the Statement of Financial Position.

Cash flows are included in the Statement of Cash Flows on a gross basis and the VAT component of cash flows arising from investing and financing activities, which is recoverable from, or payable to, the taxation authority are classified as operating cash flows.

Commitments and contingencies are disclosed net of the amount of VAT recoverable from, or payable to, the taxation authority.

Share capital

Ordinary shares are classified as equity.

Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. Incremental costs directly attributable to the issue of new shares or options for the acquisition of a business are not included in the cost of the acquisition as part of the purchase consideration.

Label

Element

Value

Warrant Expiration Date

crml_WarrantExpirationDate

Feb. 27, 2029

Warrant Expiration Date

crml_WarrantExpirationDate

Feb. 27, 2029

Warrant Expiration Date

crml_WarrantExpirationDate

Feb. 27, 2029

Warrant Expiration Date

crml_WarrantExpirationDate

Feb. 27, 2029

Warrant Expiration Date

crml_WarrantExpirationDate

May 27, 2025

Warrant Expiration Date

crml_WarrantExpirationDate

Feb. 27, 2029

Warrant Expiration Date

crml_WarrantExpirationDate

Feb. 27, 2029

Warrant Expiration Date

crml_WarrantExpirationDate

Feb. 27, 2029

Warrant Expiration Date

crml_WarrantExpirationDate

Feb. 27, 2029

Warrant Expiration Date

crml_WarrantExpirationDate

Feb. 27, 2029

Unissued Capital Reserve

crml_UnissuedCapitalReserve

$ 44,470,123

Unissued Capital Reserve

crml_UnissuedCapitalReserve

39,079,626

Issue Of Shares Associated With Empery Asset Management LP

crml_IssueOfSharesAssociatedWithEmperyAssetManagementLP

4,149

Issue Of Shares Associated With Empery Asset Management LP

crml_IssueOfSharesAssociatedWithEmperyAssetManagementLP

4,149

Issue Of Shares Associated With Empery Asset Management LP

crml_IssueOfSharesAssociatedWithEmperyAssetManagementLP

Issue Of Shares Associated With Empery Asset Management LP

crml_IssueOfSharesAssociatedWithEmperyAssetManagementLP

Issue Of Shares Associated With Empery Asset Management LP

crml_IssueOfSharesAssociatedWithEmperyAssetManagementLP

Issue Of Shares Associated With Empery Asset Management LP

crml_IssueOfSharesAssociatedWithEmperyAssetManagementLP

Issue Of Shares Associated With Empery Asset Management LP

crml_IssueOfSharesAssociatedWithEmperyAssetManagementLP

Issue Of Shares Associated With Empery Asset Management LP

crml_IssueOfSharesAssociatedWithEmperyAssetManagementLP

Disclosure Of Right Of Use Assets Text Block

crml_DisclosureOfRightOfUseAssetsTextBlock

14.

RIGHT OF USE ASSET

	30 June 2024 $			30 June 2023 $
Cost		50,063			-
Accumulated amortisation		(19,192	)		-
		30,871			-

Balance at beginning of year		-			-
Additions		50,063			-
Amortisation		(19,359	)		-
Foreign exchange		167			-
Balance at end of the year		30,871			-

Leased assets are capitalised at the commencement date of the lease and comprise of the initial lease liability amount, initial direct costs incurred when entering into the lease less any lease incentives received

Percentage Of PIPEFinancing Proceeds

crml_PercentageOfPIPEFinancingProceeds

5.00%

Percentage Of PIPEFinancing Proceeds

crml_PercentageOfPIPEFinancingProceeds

5.00%

Percentage Of PIPEFinancing Proceeds

crml_PercentageOfPIPEFinancingProceeds

5.00%

Disclosure Of Funding From Related Party Text Block

crml_DisclosureOfFundingFromRelatedPartyTextBlock

18.

FUNDING FROM RELATED PARTY

	30 June 2024 $		30 June 2023 $
Working capital advance from parent – European Lithium Ltd		4,268,857		34,603
		4,268,857		34,603

Balance at beginning of period		34,603		-
Working capital advance from parent		4,234,254		34,603
Balance at end of period		4,268,857		34,603

On 26 October 2022, EUR announced that it has entered into a business combination agreement with Sizzle pursuant to which EUR will effectively sell down its shareholding in EUR Austria which holds the Wolfsberg Lithium Project and certain other mineral permits prospective for lithium in Austria, in consideration for the issue of shares in the Company (Transaction). The Transaction was approved by EUR shareholders on 20 January 2023 and on 22 February 2024, Sizzle shareholders approved the Transaction at a special meeting. CRML commenced trading on the Nasdaq on 28 February 2024. In accordance with the Transaction, EUR will be reimbursed for certain expenses incurred in respect to the Transaction.

In addition, EUR has provided funding to CRML to cover certain operational expenses since closing of the Transaction. The funds advanced are repayable on demand.

Rightof Use Assets Cost

crml_RightofUseAssetsCost

$ 50,063

Rightof Use Assets Cost

crml_RightofUseAssetsCost

Accumulated Amortisation Rightof Use Assets

crml_AccumulatedAmortisationRightofUseAssets

19,192

Accumulated Amortisation Rightof Use Assets

crml_AccumulatedAmortisationRightofUseAssets

Capital Contribution Funding Received

crml_CapitalContributionFundingReceived

1,127,417

Capital Contribution Funding Received

crml_CapitalContributionFundingReceived

5,368,056

Transfer Of Investment In Associate