EQS-Adhoc: SunMirror AG: : LOSS OF CONTROL OVER LITHIUM 1 PTY

EQS-Ad-hoc: SunMirror AG / Key word(s): Miscellaneous
   SunMirror AG: : LOSS OF CONTROL OVER LITHIUM 1 PTY

   01-Aug-2022 / 16:12 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.

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   PUBLICATION OF INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION
   (EU) 596/2014 (MARKET ABUSE REGULATION – MAR)

   SUNMIRROR AG: LOSS OF CONTROL OVER LITHIUM 1 PTY

    

   Zug, Switzerland: August 1st, 2022. SunMirror AG ("SunMirror"; ISIN
   CH0396131929) hereby announces that it received information that it lost
   control over its (former) indirect subsidiary Lithium 1 Pty, Australia.

    

   Based on the information received, Lithium 1 Pty’s directors performed a
   share capital increase for, in the view of SunMirror AG, no adequate
   consideration in favour of Mr Paul Watts, a former owner of Lithium 1 Pty,
   in June 2022. It appears that following such registered share capital
   increase Mr. Paul Watts now holds approx. 92.6 % of all shares in Lithium
   1 Pty.

    

   Lithium 1 Pty holds the Moolyella and Kingston-Keith/Mt. Keith projects
   for which exploration license were granted.

    

   SunMirror AG and its officers were not made aware of such process and did
   not approve any of the actions by the Lithium 1 directors.  SunMirror AG
   is evaluating the situation and taking legal measures to protect its
   interests.

   * * * * *

   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:
   www.sunmirror.com.

   Contact

   Dr. Reuter Investor Relations
   Dr. Eva Reuter

   Office Frankfurt
   Friedrich Ebert Anlage 35-37
   Tower 185
   60327 Frankfurt – Germany
   Tel:+49 (0) 69 1532 5857
    

   Office Münster
   Oststr. 12b
   48145 Münster - Germany

   Web: https://www.dr-reuter.eu

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   01-Aug-2022 CET/CEST News transmitted 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: 1410597


    
   End of Announcement EQS News Service


   1410597  01-Aug-2022 CET/CEST

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