EQS-News: SunMirror AG: DEVELOPMENTS IN AUGUST – PERSONNEL CHANGES & FURTHER DEVELOPMENT OF RESOURCE PROJECTS
EQS-News: SunMirror AG / Key word(s): Miscellaneous
SunMirror AG: DEVELOPMENTS IN AUGUST – PERSONNEL CHANGES & FURTHER
DEVELOPMENT OF RESOURCE PROJECTS
02.09.2022 / 14:13 CET/CEST
The issuer is solely responsible for the content of this announcement.
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SUNMIRROR AG: DEVELOPMENTS IN AUGUST – PERSONNEL CHANGES & FURTHER
DEVELOPMENT OF RESOURCE PROJECTS
Zug, Schweiz: 02 September 2022. SunMirror AG („SunMirror“; ISIN
CH0396131929) hereby announces that the Board of Directors found a new and
qualified Chief Financial Officer in Laurent Quelin, who assumed this role
on 01 September. Laurent Quelin is a proven financial expert, who brings
extensive industry experience in the commodities and mining sector. In
senior positions, he has overseen the financing of numerous junior mining
companies.
Laurent Quelin replaces Flavia Sennhauser in her function, who stepped
down as a member of the Board of Directors at the beginning of August and
is therefore not seeking an extension of her function and will leave at
the next General Meeting. SunMirror AG is extremely grateful to Ms
Sennhauser for her commitment.
The Board is currently in the process of replacing the two existing
directors of Lithium 1 Pty Ltd. It is intended that Roger Hermann, an
authorised signatory of SunMirror AG and a director of SunMirror
Luxembourg, will be appointed as the representative of SunMirror AG and
another trusted Australian resident (in accordance with local regulations)
as new directors of the Company. The necessary administrative steps have
been taken and are expected to be completed by the end of September.
Roger Hermann will also join the Board of Directors of Pharlap Holdings
Pte Ltd to ensure that the parent company retains control at this
subsidiary at all times as well.
SunMirror AG has recently completed all relevant environmental impact
assessments for the 100% owned Moolyella Lithium Project in Western
Australia. A plan of work (POW) is currently being finalised for
submission to the relevant authorities for an initial drilling programme
to test various locations that the company believes are prospective for
spodumene-bearing pegmatite. Drilling contractors are currently being
contacted to review and bid on this drilling work.
In addition, SunMirror AG will shortly commence environmental assessments
on the 100% owned Kingston Keith project, which is prospective for both
gold and nickel. Once completed, the information will be used to plan and
submit a work plan to the relevant authorities for an initial drill
programme targeting the potential down-dip extension of gold
mineralisation beneath the near-surface historic gold occurrences.
* * * * *
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 Xetra. For further information, please visit: www.sunmirror.com.
Contact
Dr. Reuter Investor Relations
Dr. Eva Reuter
Office Frankfurt
Friedrich Ebert Anlage 35-37
Tower 185
60327 Frankfurt – Germany
Phone:+49 (0) 69 1532 5857
Office Münster
Oststr. 12b
48145 Münster – Germany
Web: https://www.dr-reuter.eu
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02.09.2022 CET/CEST 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: 1434555
End of News EQS News Service
1434555 02.09.2022 CET/CEST
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