pta20240118010
Business news for the stock market

SunMirror AG: Change of trading procedure to auction trading

Zug (pta010/18.01.2024/10:12 UTC+1)

Zug, Switzerland: January 18, 2024 – SunMirror AG ("SunMirror", Vienna Stock Exchange: ROR1; ISIN CH0396131929) announces that company shares can now be traded at the Vienna Stock Exchange in auctions instead of continuous trading.

The management of SunMirror AG is continuing its course of consistent optimisation of the cost structure by changing the trading procedure, thereby significantly reducing the expenses for stock exchange trading. Laurent Quelin, Chairman of the Board of Directors, said: "In the past, continuous trading brought limited added value to the company as trading was infrequent with very low volumes. In contrast, however, there were material costs for stock exchange trading. In the interests of our investors, the management therefore decided to reorganise the trading process, reduce costs and thus create added value for shareholders.".

ICF Bank requested and obtained a delisting of the shares in Düsseldorf and Frankfurt due to the low trading volumes and lack of liquidity. The company is of course still listed on the Vienna Stock Exchange and can also be traded there by foreign investors in auctions. Further information on trading opportunities can be found on the Vienna Stock Exchange website at: https://www.wienerborse.at/en/trading/trading-information/trading-hours/ and https://www.wienerborse.at/en/trading/trading-information/market-models/ .

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About SunMirror AG

The Group invests into strategic mineral exploration assets with a strong focus on sustainable green battery metals, like cobalt, lithium and nickel, as well as copper 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's key exploration assets acquired in 2020, are currently located in Western Australia but the Group aims to complement its portfolio with additional early stage mining licenses, focused on Europe with the ultimate aim of providing a secure, stable and sustainable supply of battery raw materials to support the electric revolution. SunMirror's core belief is that exploring for green battery metals must be accompanied by a sustainable approach to mining, thereby aiming to become a reference in terms of "responsible exploration".

The company's shares (ISIN CH0396131929) are listed on the Vienna Stock Exchange (auction trading, ticker: ROR1). For further information, please visit: www.sunmirror.com.

Contact
COMMUNICATION PUBLIC AFFAIRS
Alexander Schmitt-Geiger

Office Munich
Schwandorfer Str. 3
81549 Munich – Germany
Tel.: +49 (0) 89 51 39 96 00
Mail: schmitt@public-affairs-net.de
Web: www.public-affairs-net.de

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Emitter: SunMirror AG
General-Guisan-Strasse 6
6300 Zug
Switzerland
Contact Person: Alexander Schmitt-Geiger, COMMUNICATION PUBLIC AFFAIRS
Phone: +49 89 51399600
E-Mail: info@sunmirror.ch
Website: www.sunmirror.ch
ISIN(s): CH0396131929 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade)
Other Stock Exchanges: Freiverkehr in Berlin, Düsseldorf, Frankfurt, München, Stuttgart
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