EQS-News: SunMirror AG: Further Extension of Offer for Takeover Offer on Latitude 66 Cobalt Limited
EQS-News: SunMirror AG / Key word(s): Offer/Miscellaneous
13.04.2022 / 19:48
The issuer is solely responsible for the content of this announcement.
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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:
Offer Closes 21 June 2022
Dispatch of compulsory acquisition notices to non-accepting 21 June 2022
Lat66 shareholders
Completion of compulsory acquisition of Lat66 shares from 21 July 2022
Lat66 shareholders
* * * * *
About SunMirror AG
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:
[1] www.sunmirror.com.
Contact
Dr. Reuter Investor Relations
Dr. Eva Reuter
Büro Frankfurt
Friedrich Ebert Anlage 35-37
Tower 185
60327 Frankfurt – Germany
Tel:+49 (0) 69 1532 5857
Büro Münster
Oststrasse 12b
48145 Münster – Germany
Web: [2] https://www.dr-reuter.eu
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13.04.2022 This Corporate News was distributed by EQS Group AG.
www.eqs.com
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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
1327843 13.04.2022
References
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