DGAP-News: Dynastar AG
/ Key word(s): Mergers & Acquisitions
ZURICH Monday, August 31, 2020 - Couno Resources S.A. ("Couno"), a strategic exploration firm focused on metals and minerals powering today's new era of sustainable technology, has agreed to reverse-merge into Dynastar AG (DYK.DU). The Shareholders have agreed to rebrand the Group as SunMirror AG ("SunMirror"). The combined entity has also launched a carefully planned strategic "roll-up" of select assets amidst an unprecedented run-up in gold and other critical resources.
Dr. Heinz Kubli, an expert in corporate transactions, has been appointed Director of SunMirror to oversee its inorganic growth strategy, ensure a smooth integration with firms like Couno and maximise upside potential in the current super-cycle. Leading forecasters predict that such commodities targeted by SunMirror may very likely propel even higher as unprecedented fiscal stimuli sets-in and demand for strategic resources continue over a long-tail horizon.
Dr. Kubli recently explained gold's climb to industry analysts: "Whether it's position as a safe-haven asset enabling next-gen 5G, new mobility, et cetera, gold's bull-run is here to stay and SunMirror is bringing it, and other critical resources, to market with greater speed and sustainability relative to legacy miners whose margins get cut with huge overhead structures," while also highlighting the firm's approach to sustainable, modern mining in First World jurisdictions.
SunMirror's growth trajectory is built around a successful strategy of targeting and acquiring rights in areas known to have exceptional geological potential, including sites next to some of the best producing mines in Tier 1 jurisdictions. For example, Couno's gold, lithium, nickel and iron ore projects in Western Australia, respectively, Kingston Keith, Moolyella and Cape Lambert, are surrounded by larger scale operations of mining giants BHP Billiton, Glencore and Norilsk Nickel, et al.
Specific sites adjacent to Couno's projects continue to attract significant investments, like the AUD 400 million acquisition of Cape Lambert North by Metallurgical Corporation of China Ltd. (MCC) as well as Canaccord Genuity's AUD 100 million raise for Bellevue Gold Ltd.
About Couno S.A.
About Opus Group
For more information please visit: https://www.opus-capital.ch
31.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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