EQS-Adhoc: SunMirror AG: SunMirror AG ('the Company') announces launch of offer to acquire Latitude 66 Cobalt Limited.

EQS-Ad-hoc: SunMirror AG / Key word(s): Takeover
SunMirror AG: SunMirror AG ('the Company') announces launch of offer to acquire Latitude 66 Cobalt Limited.

20-Dec-2021 / 08:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Explanatory Note

SunMirror, which has prospective resource projects in Australia, expands its market presence through the acquisition of Lat66 and is able to supply the European economy with cobalt and other critical commodities and metals such as lithium from sustainable, stable and legally secure sources in compliance with applicable laws, regulations and ESG requirements. With the acquisition of Lat66, SunMirror is excellently positioned to act as a strategic partner to the European economy, supplying raw materials for digital transformation.

Demand for critical raw materials such as cobalt and lithium has been growing rapidly for years. Drivers of this demand include new technological developments such as electromobility. Recently, the European Union ('EU') reaffirmed, as part of the launch of its European Green Deal, that a lack of access to critical raw materials or over-dependence on single suppliers would undermine Europe's ability to be an industrial leader in new technologies. In order to achieve the EU's goal of climate neutrality, it is important not to create new dependency on uncertain third countries for these critical raw materials in terms of legal certainty, working conditions and environmental standards.

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 (ticker: ROR1) as well as on Xetra and the Frankfurt Stock Exchange (ticker: ROR). For further information, please visit: www.sunmirror.com

Press contact

edicto GmbH
Doron Kaufmann / Axel Mühlhaus
Phone: +49 69 905505-53
sunmirror@edicto.de
Eschersheimer Landstrasse 42 - 44
60322 Frankfurt/Main

20-Dec-2021 CET/CEST News transmitted by EQS Group AG. www.eqs.com