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EQS-News: SunMirror AG
/ Key word(s): Offer/Miscellaneous
SunMirror AG: Further Extension of Offer for Takeover Offer on Latitude 66 Cobalt Limited Zug, Switzerland: 13 April 2022. With reference to its publication dated 22 March 2022, SunMirror AG ("SunMirror"; ISIN CH0396131929) hereby announces that its wholly owned subsidiary SunMirror Luxembourg S.A. has agreed with Latitude 66 Cobalt Limited ("Lat66") another 10-week extension in relation to the pending takeover offer regarding all outstanding ordinary shares in Lat66 for a consideration of a EUR 4 million loan (non-repayable should the takeover not be completed) for its scheduled exploration and mine development program. The agreed extension will be filed with the Australian Securities and Investments Commission. The closing date of the takeover offer is thereby further extended to 21 June 2022, 5:00 p.m. (AWST) and the date for giving a notice of the status of the bid conditions is further extended to 14 June 2022. Under consideration of the upcoming extension of the takeover offer, the expected extended timetable for completion of the takeover offer and subsequent acquisition of the entire issued share capital of Lat66 (plus all performance rights) is as follows:
* * * * * The Group invests into strategic mineral exploration assets with a focus on sustainable green battery metals, like cobalt, lithium and nickel, as well as iron ore and gold deposits in developed markets. The company aims to either produce minerals at a later stage or sell those assets to strategic buyers. SunMirror is differentiated by taking a "mine-to-market" approach to sustainability across the value chain, creating a mining industry "best practice." The company's shares (ISIN CH0396131929) are listed on the Vienna Stock Exchange (official market, ticker: ROR1) and are traded on the regulated unofficial markets Frankfurt, Düsseldorf and Berlin (ticker: ROR) as well as on tradegate and Xetra. For further information, please visit: www.sunmirror.com. Contact
13.04.2022 This Corporate News was distributed by EQS Group AG. www.eqs.com |
| Language: | English |
| Company: | SunMirror AG |
| Steinhauserstrasse 74 | |
| 6300 Zug | |
| Switzerland | |
| E-mail: | info@sunmirror.ch |
| Internet: | https://www.sunmirror.ch |
| ISIN: | CH0396131929 |
| WKN: | A2JCKK |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Tradegate Exchange; Vienna Stock Exchange (Official Market) |
| EQS News ID: | 1327843 |
| End of News | EQS News Service |
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1327843 13.04.2022
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