Couno Resources S.A. agreed to acquire Dynastar AG (DUSE:DYK) in a reverse merger transaction for CHF 1.2 million on August 31, 2020. Pursuant to the terms, Dynastar AG will issue 1.175 million as consideration. Couno Resources shareholders will also subscribe an additional 0.5 million shares of Dynastar. The shareholders have agreed to rebrand the Group as SunMirror AG ("SunMirror"). Opus Capital Group acted as listing advisor, Grant Thornton LLP acted as accountant and Heuking Kühn Lüer Wojtek acted as legal advisor to Dynastar AG.
Couno Resources S.A. completed the acquisition of Dynastar AG (DUSE:DYK) in a reverse merger transaction on September 18, 2020. Dynastar changed its name with immediate effect to SunMirror AG.