Brief: Dynastar: Couno Resources To Reverse-merge Into Dynastar
31/08/2020 11:28
Aug 31 (Reuters) - Dynastar AG DYK.D :
* COUNO RESOURCES S.A., 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
* SHAREHOLDERS HAVE AGREED TO REBRAND GROUP AS SUNMIRROR AG
* COUNO TRANSACTION WILL SEE SUNMIRROR'S CURRENT OWNERSHIP
OF
325,000 SHARES, AT A NOMINAL VALUE OF CHF 1 PER SHARE, INCREASE
TO 2,000,000 IN TOTAL AFTER SHAREHOLDERS AGREE TO ISSUE
1,175,000 NEW SHARES TO EXISTING COUNO SHAREHOLDERS
* ANOTHER 500,000 SHARES HAVE BEEN ISSUED TO EXISTING COUNO
SHAREHOLDERS, THUS, REACHING 2,000,000-SHARE TOTAL
Source text for Eikon: ID:nEQ5cg166a
Further company coverage: DYK.D
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
Recent news on SunMirror AG
See all newsBrief: Dynastar Completes Reverse Take Over Of Couno Resources S.A.
Brief: Dynastar: Couno Resources To Reverse-merge Into Dynastar
Brief: Dynastar To Change Its Name To Sunmirror
Brief: Dynastar AG Heinz Rudolf Kubli Elected As New Member Of Board Of Directors
Brief: Dynastar Says Mirador FZE Is New Majority Shareholder