Sundance.... China-Krise als Riesenchance?
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Appendix 3B New issue announcement Rule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B New issue announcement, application for quotation of additional securities and agreement Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 1/7/96.
Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005. Name of entity Sundance Resources Limited ABN 19 055 719 394 We (the entity) give ASX the following information.
Part 1 - All issues You must complete the relevant sections (attach sheets if there is not enough space). 1 +Class of +securities issued or to be Unlisted options issued 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued 1,506,000 3 Principal terms of the +securities (e.g., if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) 502,000 options with an exercise price of $0.20 and expiring 31 January 2013. 502,000 options with an exercise price of $0.225 and expiring 30 January 2014.
502,000 options with an exercise price of $0.25 and expiring 30 January 2015. + See chapter 19 for defined terms. 24/10/2005 Appendix 3B Page 1 Appendix 3B New issue announcement 4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment Yes 5 Issue price or consideration Nil Options issued under the ESOP 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) 7 Dates of entering +securities into uncertificated holdings or despatch of certificates 9 June 2011 8 of Number and +securities quoted on ASX (including the securities in clause 2 if applicable) +class Number all 2,870,657,169 +Class Fully paid ordinary shares + See chapter 19 for defined terms.
Appendix 3B Page 2 1/1/2003 Appendix 3B New issue announcement Number 9 Number and +class of all ....
Appendix 3B New issue announcement Rule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B New issue announcement, application for quotation of additional securities and agreement Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 1/7/96.
Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005. Name of entity Sundance Resources Limited ABN 19 055 719 394 We (the entity) give ASX the following information.
Part 1 - All issues You must complete the relevant sections (attach sheets if there is not enough space). 1 +Class of +securities issued or to be Ordinary Fully Paid Shares issued 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued 270,000 3 Principal terms of the +securities (e.g., if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) Fully Paid Ordinary Shares + See chapter 19 for defined terms. 24/10/2005 Appendix 3B Page 1 Appendix 3B New issue announcement 4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment Yes 5 Issue price or consideration $0.20 each 270,000 shares issued on the exercise of options exercisable at 20 cents each on or before 30 January 2012.
6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) 7 Dates of entering +securities into uncertificated holdings or despatch of certificates 17 June 2011 8 of Number and +securities quoted on ASX (including the securities in clause 2 if applicable) +class Number all 2,870,927,169 +Class Fully paid ordinary shares + See chapter 19 for defined terms. Appendix 3B Page 2 1/1/2003 Appendix 3B New issue announcement Number 9 Number and +class of all +securities not quoted on ASX (including the securities in clause 2 if applicable) 3,800,000 10 cent
Sundance Resources Limited (ASX Code: SDL) is pleased to provide an update on the status of its activities to secure a strategic partner for its Mbalam Iron Ore Project in central West Africa. Potential partners and a number of Chinese banking institutions recently visited Sundance’s operations in the Republic of Cameroon and the Republic of Congo to finalise due diligence. Visits to the proposed mine sites, rail corridor and port site were undertaken.
Follow up discussions between Sundance’s technical teams and a number of the prospective strategic partners have also been held in China and in Africa over the past few months. This has involved formal discussions on both commercial and technical items pertaining to the Definitive Feasibility Study, which was released in April 2011. A number of the parties have also held detailed discussions with Government Ministers in Cameroon and Congo about their interest in the Mbalam Iron Ore Project.
Talks with the Republic of Cameroon and Republic of Congo Governments regarding the Mining Conventions are also being finalised. The Governments involved have shown strong support and are eager for the completion of talks so that construction may commence as soon as possible. Sundance has shortlisted the preferred potential partners and has entered into commercial negotiations.
Sundance is very pleased with the progress that has been achieved in recent months and looks forward to successfully concluding arrangements for the introduction of a strategic partner to the Project. The Company will advise the Market as soon as something sufficiently binding or capable of announcement is available. Sundance continues to work towards the target of having Conventions in place and Final Investment Decision taken in time to start early works on the construction of the rail and port infrastructure before the end of 2011.
ENDS Released by: Giulio Casello Managing Director and CEO Sundance Resources Limited Tel: +61 8 9220 2300 E: info@sundanceresources.com.au Web: www.sundanceresources.com.au
Die Sicherung eines strategischen Partner in vollem Gange Sundance Resources Limited (ASX: SDL) Mbalam Iron Ore Project
Perth, 29. Juni 2011 (ABN Newswire) - Sundance Resources Limited (ASX: SDL) (PINK: SUDCF) freut sich, ein Update über den Stand ihrer Aktivitäten stellen einen strategischen Partner für ihre Mbalam Iron Ore Project in zentralen Westen zu sichern Afrika.
Potenzielle Partner und eine Reihe von chinesischen Banken zuletzt besuchten Sundance-Operationen in der Republik Kamerun und der Republik Kongo, Due Diligence abzuschließen.
Besuche die vorgeschlagenen Gruben-, Schienen-Korridor und Hafengelände unternommen wurden.
Follow-up-Gespräche zwischen technischen Teams Sundance und eine Reihe von prospektiven strategischen Partnern auch in China und in Afrika wurden in den vergangenen Monaten statt. Das hat formale Diskussionen über wirtschaftliche und technische Gegenstände der Definitive Feasibility Study, die im April 2011 veröffentlicht beteiligt war.
Eine Reihe von Parteien haben auch ausführliche Gespräche mit Ministern in Kamerun und dem Kongo über ihr Interesse an der Mbalam Iron Ore Project statt. Gespräche mit der Republik Kamerun und der Republik Kongo Regierungen in Bezug auf die Mining Conventions sind auch in der Abschlussphase. Die beteiligten Regierungen haben starke Unterstützung gezeigt und sind gespannt auf die Fertigstellung der Gespräche so dass der Bau kann so bald wie möglich beginnen.
Sundance hat Shortlist der bevorzugten potenziellen Partnern und hat sich zu geschäftlichen Verhandlungen getreten.
Sundance ist sehr zufrieden mit den Fortschritten, die in den letzten Monaten erreicht worden ist und freut sich auf dem erfolgreichen Abschluss Vorkehrungen für die Einführung eines strategischen Partners zu dem Projekt zufrieden. Das Unternehmen wird den Markt so schnell beraten als etwas verbindlich genug oder fähig Ankündigung verfügbar ist.
Sundance weiterhin auf das Ziel der mit Konventionen in Kraft und endgültige Investitionsentscheidung in Zeit, um frühe Werke über den Bau der Eisenbahn-und Hafeninfrastruktur vor Ende des Jahres 2011 ihre Arbeit aufnehmen.
Über Sundance Resources Limited
Sundance Resources Limited (ASX: SDL) (PINK: SUDCF) ist ein internationales Ressourcen-Unternehmen, die Mbalam Iron Ore Project in der Republik Kamerun und der Republik Kongo, im Zentrum von West-Afrika. Sundance Resources ist an der Australian Securities Exchange notiert und ist Teil der S & P ASX200 Index.
Die Firma der Gesellschaft Hauptsitz befindet sich in Perth, Western Australia, wo sich die Weltklasse-Eisenerzvorkommen der Pilbara Region. Diese Lage bedeutet, hat das Unternehmen ein Management-und technischen Teams, die sich leicht stützt sich auf die Fähigkeiten von einigen der weltweit erfahrensten Eisenerz-Spezialisten, wie es seine Position als eine aufstrebende Kraft in der globalen Eisenerz-Sektor Zement weiter montiert.
Company Overview
More..
Sundance Resources Limited (ASX:SDL)
Securing a Strategic Partner Well Underway for Sundance Resources Limited (ASX:SDL) Mbalam Iron Ore Project
Perth, June 29, 2011 (ABN Newswire) - Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) is pleased to provide an update on the status of its activities to secure a strategic partner for its Mbalam Iron Ore Project in central West Africa.
Potential partners and a number of Chinese banking institutions recently visited Sundance's operations in the Republic of Cameroon and the Republic of Congo to finalise due diligence.
Visits to the proposed mine sites, rail corridor and port site were undertaken.
Follow up discussions between Sundance's technical teams and a number of the prospective strategic partners have also been held in China and in Africa over the past few months. This has involved formal discussions on both commercial and technical items pertaining to the Definitive Feasibility Study, which was released in April 2011.
A number of the parties have also held detailed discussions with Government Ministers in Cameroon and Congo about their interest in the Mbalam Iron Ore Project. Talks with the Republic of Cameroon and Republic of Congo Governments regarding the Mining Conventions are also being finalised. The Governments involved have shown strong support and are eager for the completion of talks so that construction may commence as soon as possible.
Sundance has shortlisted the preferred potential partners and has entered into commercial negotiations.
Sundance is very pleased with the progress that has been achieved in recent months and looks forward to successfully concluding arrangements for the introduction of a strategic partner to the Project. The Company will advise the Market as soon as something sufficiently binding or capable of announcement is available.
Sundance continues to work towards the target of having Conventions in place and Final Investment Decision taken in time to start early works on the construction of the rail and port infrastructure before the end of 2011.
About Sundance Resources Limited
Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) is an international resources company developing the Mbalam Iron Ore Project in the Republic of Cameroon and the Republic of Congo, in central west Africa. Sundance Resources is listed on the Australian Securities Exchange and is part of the S&P ASX200 Index.
The Company's corporate head office is based in Perth, Western Australia, home to the world-class iron ore deposits of the Pilbara region. This location means the Company has assembled a management and technical team that draws readily on the skills of some of the world’s most experienced iron ore specialists as it continues to cement its position as an emerging force in the global iron ore sector.
Contact
Giulio Casello
Managing Director and CEO
Sundance Resources Limited
Tel: +61-8-9220-2300
Email: info@sundanceresources
Appendix 3B New issue announcement Rule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B New issue announcement, application for quotation of additional securities and agreement Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 1/7/96.
Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005. Name of entity Sundance Resources Limited ABN 19 055 719 394 We (the entity) give ASX the following information.
Part 1 - All issues You must complete the relevant sections (attach sheets if there is not enough space). 1 +Class of +securities issued or to be Ordinary Fully Paid Shares issued 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued 670,000 3 Principal terms of the +securities (e.g., if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) Ordinary Fully Paid Shares + See chapter 19 for defined terms. 24/10/2005 Appendix 3B Page 1 Appendix 3B New issue announcement 4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment Yes 5 Issue price or consideration $0.20 each 670,000 shares issued on the exercise of options awarded under the Employee Share Option Plan.
These options were exercisable at 20 cents each on or before 30 January 2012. 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) 7 Dates of entering +securities into uncertificated holdings or despatch of certificates 12 July 2011 8 of Number and +securities quoted on ASX (including the securities in clause 2 if applicable) +class Number all 2,871,597,169 +Class Fully paid ordinary shares + See chapter 19 for defined terms. Appendix 3B Page 2 1/1/2003 Appendix 3B New issue announcement Number 9 Number and +class of all +securities not quoted on ASX (including the securities ....
Sundance Resources "engaging in discussions" with Hanlong about its takeoffer proposal
Monday, July 18, 2011 Sundance Resources (ASX: SDL) has branded the offer proposal from Hanlong Mining Investment Pty Limited as not "providing adequate value or certainty to Sundance shareholders."
However, the Board of Sundance said that it intends to engage in discussions with Hanlong about the terms of its proposal.
Hanlong informed Sundance today it intended to offer $0.50 a Sundance share. This was 25% higher than previous closing price. Sundance is currently trading up 20% to $0.48 in midday trading.
Sundance has revealed it is in discussions with as many as seven separate parties about potential joint venture, financing and offtake at its Mbalam Iron Ore Project in the Republics of Cameroon and Congo.
Dann ist der Punkt erreicht, an dem man schwach werden könnte! ;-)
Denn die Frage ist doch, ob bei den Anteilen die Hanlong jetzt schon hält und denen die RBC und JP Morgan halten überhaupt noch Raum für einen neuen langjährigen strategischen Partner bleibt, der Hoffnungen auf einen langfristigen Erfolg nähren könnte! Denn ohne Partner wirds wohl nicht funktionieren!
18. Juli 2011 16:23
Für 1,44 Mrd. AUD
Die Aktien des australischen Eisenerzunternehmens Sundance Resources (WKN A0BK6G) legten am heutigen Montag um 29% zu, nachdem die chinesische Hanlong Mining Investment ein Übernahmeangebot vorlegte, dass Sundance mit 1,44 Mrd. australischen Dollar bewertet.
Hanlong ging mit dem Angebot auf Sundance zu, alle ausstehenden Aktien des Unternehmens für 0,50 AUD pro Aktie in bar zu erwerben. Das bedeutet einen Aufschlag von 45% gegenüber dem Einmonatsdurchschnittskurs des an der ASX gelisteten Unternehmens.
Die Chinesen halten bereits 18,6% der Sundance-Aktien. Das ausralische Unternehmen entwickelt das Eisenerzvorkommen Mbalam an der Grenze zwischen Kamerun und der Republik Kongo. Nach Aussage von Sundance ist aber das Board des Unternehmens der Ansicht, dass die Konditionen der Übernahme seinen Aktionären weder ausreichenden Wert noch genügend Sicherheit beiten. Man werde deshalb weitere Gespräche mit Hanlong zu diesem Thema führen.
Gleichzeit aber werde Sundance auch die bereits fortgeschrittenen Diskussionen mit potenziellen strategischen Partnern in Bezug auf ein Joint Venture, eine Finanzierung oder Abnahmevereinbarungen zur Entwicklung des Mbalam-Eisenerzprojekts fortführen, hieß es aus dem Unternehmen. Sundance hatte im vergangenen Monat gemeldet, dass man eine Reihe bevorzugter Partner ausgewählt habe, die bei der Entwicklung des geschätzte 4,6 Mio. Dollar teuren Projekts behilflich sein könnten.
Eine abschließende Entscheidung über eine Investition in das Mbalam-Projekt werde noch vor Jahresende erwartet, hieß es aus dem Unternehmen. Erste Arbeiten an der Errichtung der Bahn- und Hafeninfrastruktur sollen aber bereits vor Ende 2011 anlaufen. Die erste Phase des Projekts basiert auf einer durchschnittlichen Produktion von 35 Mio. Tonnen direkt verschiffbarem Erz (DSO = Direct Shipping Ore).
Diggers & Dealers 2011 Mr George Jones Chairman Disclaimer and Competent Persons Statement Disclaimer Certain statements made during or in connection with this communication, including without limitation, those concerning the economic outlook for the iron ore mining industry, expectations regarding iron ore prices, production, cash costs and to the operating results, growth prospects and the outlook of SDL’s operations including the likely commencement of commercial operations of the Mbalam Project and its liquidity and capital resources and expenditure, contain or comprise certain forward-looking statements regarding SDL’s exploration operations, economic performance and financial condition. Although SDL believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government actions, fluctuations in iron ore prices and exchange rates and business and operational risk management.
For a discussion of such factors, refer to SDL’s most recent annual report and half-year report. SDL undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today’s date or to reflect the occurrence of unanticipated events. Competent Persons Statement The information in this presentation that relates to Exploration Results is based on information compiled by Mr Robin Longley, a Member of the Australian Institute of Geoscientists, and Mr Lynn Widenbar, a member of the Australasian Institute of Mining and Metallurgy.
Mr Longley is a consultant to the Company and has sufficient experience which is relevant to the style of mineralisation and type of Deposit and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Longley consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Mr Widenbar is a consultant to the Company and has sufficient experience which is relevant to the style of mineralisation and type of Deposit and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of ....
Link: http://www.asx.com.au/asx/research/...o.do?by=asxCode&asxCode=SDL
03.10.11 10:59
#221
ab 8.55 uhr vom handel ausgesetzt,kann spannend werden(übernahme)nur eventuell
Sundance Resources Limited (ASX:SDL)
Hanlong Mining Reaches Agreement for the Acquisition of Sundance Resources Limited (ASX:SDL) via a Scheme of Arrangement
Sydney, Oct 4, 2011 (ABN Newswire) - Hanlong Mining ("Hanlong") notes the statement made today by Sundance Resources Limited (ASX:SDL) ("Sundance") and confirms that it has reached an agreement with Sundance to acquire 100 per cent of Sundance shares through a Scheme of Arrangement.
Hanlong has offered to pay A$0.57 cash per Sundance share, valuing Sundance at A$1.65 billion. The offer price represents a premium of:
- 42.5% to the closing price of Sundance shares on 15 July 2011, the last trading day prior to Hanlong's initial proposal
- 65.3% to the one month volume weighted average price (VWAP) to 15 July 2011
- 56.3 % to the three month VWAP to 15 July 2011
The Board of Sundance has unanimously recommended the offer in the absence of a superior proposal and subject to an independent experts report.
Hanlong is the largest shareholder of Sundance.
Mr Liu Han, chairman of Hanlong parent company Sichuan Hanlong Group, welcomed the agreement and said he looked forward to working with Sundance to complete the transaction for the benefit of all stakeholders.
"The agreement we have reached with the Board of Sundance allows Sundance shareholders to realise a substantial premium for their investment and we look forward to working with Sundance to complete the transaction as soon as possible," Mr Liu said.
"In addition, today's agreement will also bring great benefits to the people of the Republic of Cameroon and the Republic of Congo through the additional certainty it brings to the development of the Mbalam and Nabeba projects. We have always believed Hanlong was the natural developer of these projects and we intend to move forward with the development accordingly.
"Hanlong remains committed to ongoing investment in Australia and Australian resources companies as we seek to build a global, diversified mining company."
Hanlong and Sundance have signed a binding Scheme Implementation Agreement which sets out the full details of the transaction. This document has been lodged by Sundance on the Australian Securities Exchange and can also be found on the Sundance website (www.sundanceresources.com.au).
The offer remains subject to a number of conditions including approval from Australia's Foreign Investment Review Board and China's National Development and Reform Commission and Hanlong securing approved financing.
Hanlong and Sundance will work together to progress the receipt of the Mining Convention for Mbalam and Mining Permit for Nabeba with the governments of the Republic of Cameroon and the Republic of Congo respectively.
Hanlong is being advised by Bank of America Merrill Lynch and Mallesons Stephen Jaques.
About Hanlong
Hanlong Mining is a subsidiary of the Sichuan Hanlong Group, which is a privately-owned conglomerate with more than 12,000 staff and interests that span mining, energy, real estate, pharmaceuticals, industrial chemicals and technology.
In Australia, Hanlong also holds a 57% interest in Moly Mines (ASX:MOL) and 11.5% of uranium explorer Marenica Energy (ASX:MEY). In the United States, Hanlong holds a 12.5% interest in General Moly (AMEX:GMO) and will be assisting General Moly with the procurement of project finance for its Mt Hope Molybdenum Project.
In November 2010, Hanlong signed a co-operation agreement with the Export-Import Bank of China to provide Hanlong with loans of up to US$1.5 billion to fund its overseas expansion. In June 2011, Hanlong successfully facilitated the execution of a $494 million project finance facility between China Development Bank and Moly Mines, which involved Hanlong providing a guarantee to the facility.
About Sundance Resources Limited
Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) is an international resources company developing the Mbalam Iron Ore Project in the Republic of Cameroon and the Republic of Congo, in central west Africa. Sundance Resources is listed on the Australian Securities Exchange and is part of the S&P ASX200 Index.
The Company's corporate head office is based in Perth, Western Australia, home to the world-class iron ore deposits of the Pilbara region. This location means the Company has assembled a management and technical team that draws readily on the skills of some of the world’s most experienced iron ore specialists as it continues to cement its position as an emerging force in the global iron ore sector.
Naja, bisschen wenig sind die 0,57 AUD schon, oder? Aber wer weiß, ob das alles auch durchgeht. Siehe hier:
rohstoffblogger.blogspot.com/2011/10/sundance-resources-die-chinesen-legen.html
Mehr dürfte es jedenfalls vorerst nicht geben. Oder weiß hier einer mehr???
Die Direktoren von Sundance halten das Angebot, das das Unternehmen mit 1,65 Mrd. AUD bewertet, für angemessen empfiehlt daher den Aktionären einstimmig, das Angebot anzunehmen
Sundance Resources (ASX:SDL) is an Australian-based international iron ore company developing the Mbalam Project in the Republic of Cameroon in central west coast of Africa.
Sundance is advancing a significant exploration program and feasibility studies on the project based on production of 35 million tonnes per year hematite. Sundance is targeting to commence operations in 2012, this forming the basis for developing a global iron ore business.
Sundance Resources: Response to Media Coverage
Tuesday, October 11, 2011
Sundance Resources (ASX: SDL) has provided an update to the market relating to media coverage.
Sundance notes today’s media coverage relating to the application by the Hanlong Mining Group (Hanlong) for Foreign Investment Review Board (FIRB) approval.
Sundance made this statement to the ASX.
Hanlong has informed Sundance that it is continuing to work productively with FIRB on its application and expects to receive FIRB’s decision well within the indicative timetable for the proposed Scheme of Arrangement.
Hanlong has informed Sundance that ASIC’s investigation focuses on the individuals, not Hanlong.
The Scheme Implementation Agreement (SIA) signed by Hanlong and Sundance, as announced to the ASX on 4 October 2011, requires Hanlong to promptly inform Sundance should there be any material development that may lead to the non-fulfilment of a regulatory approval.
Hanlong has advised it has no reason to provide such notification.
Both companies continue to progress phase one of the SIA which has Sundance and Hanlong in an exclusive arrangement with the mutual objective of working together to confirm the ratification of the Mining Permit in the Republic of Congo and the Mining Convention in the Republic of Cameroon on acceptable terms.
Sundance is being advised by UBS AG, Clayton Utz and CITIC Securities.
Appendix 3B New issue announcement Rule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B New issue announcement, application for quotation of additional securities and agreement Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 1/7/96.
Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005. Name of entity Sundance Resources Limited ABN 19 055 719 394 We (the entity) give ASX the following information.
Part 1 - All issues You must complete the relevant sections (attach sheets if there is not enough space). 1 +Class of +securities issued or to be Ordinary Fully Paid Shares issued 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued 1,000,000 3 Principal terms of the +securities (e.g., if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) Ordinary Fully Paid Shares + See chapter 19 for defined terms. 24/10/2005 Appendix 3B Page 1 Appendix 3B New issue announcement 4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment Yes 5 Issue price or consideration $0.25 each 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) 1,000,000 shares issued on the exercise of options exercisable at 25 cents each on or before 5 April 2012.
7 Dates of entering +securities into uncertificated holdings or despatch of certificates 17 October 2011 8 of Number and +securities quoted on ASX (including the securities in clause 2 if applicable) +class Number all 2,897,314,669 +Class Fully paid ordinary shares + See chapter 19 for defined terms. Appendix 3B Page 2 1/1/2003 Appendix 3B New issue announcement Number 9 Number and +class of all +securities not quoted on ASX (including the securities in clause 2 if applicable) 2,000,000 10 cent 2,000,000 15 ....