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Level 3, 24 Outram Street
West Perth WA 6005
PO Box 497, West Perth WA 6872 Australia
T: +61 8 9220 2300
F: +61 8 9220 2309
ABN 19 055 719 394
ASX Announcement
12 December 2014
HANLONG CONVERTIBLE NOTE EXTENSION
Sundance Resources Limited ("Sundance") (ASX: SDL) advises that the Maturity Date for the existing A$5 million convertible notes with Hanlong (Africa) Mining Investment Limited ("Hanlong") has been extended from 31 December 2014 to 31 December 2015, and from
1 January 2015, Sundance will pay interest to Hanlong at the rate of 10% per annum on a quarterly basis on the outstanding convertible notes.
In February 2013, Sundance announced it had received A$5 million from Hanlong under the convertible note facility.
For further details of the terms and conditions of the convertible notes please refer to Annexure
B of the Notice of Meeting for the Company's 2013 AGM, released to ASX on 29 October 2013.
- ENDS -
Released by:
Giulio Casello
CEO and Managing Director
Sundance Resources Ltd
www.
sundanceresources.com.au
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Sundance Resources Ltd.
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CODE : SDL.AX |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Sundance Resources Limited is a exploration company based in Australia. Sundance Resources Limited is listed in Australia. Its market capitalisation is AU$ 35.5 millions as of today (US$ 26.9 millions, € 22.0 millions). Its stock quote reached its highest recent level on January 07, 2011 at AU$ 0.67, and its lowest recent point on December 23, 2016 at AU$ 0.00. Sundance Resources Limited has 7 101 980 160 shares outstanding. |