Sundance to Cease to Be a Reporting Issuer

Thu Apr 4, 2013 12:28pm EDT

* Reuters is not responsible for the content in this press release.

  VANCOUVER, BRITISH COLUMBIA, Apr 04 (Marketwired) --
Sundance Minerals Ltd. ("Sundance" or the "Company") announced that it
has applied to the British Columbia Securities Commission, the Alberta
Securities Commission and the Ontario Securities Commission (the
"Securities Regulatory Authorities") for a decision to cease to be a
reporting issuer in British Columbia, Alberta and Ontario. If the
Securities Regulatory Authorities grant such a decision, the Company will
no longer be a reporting issuer in any jurisdiction in Canada and the
outstanding securities of Sundance will be subject to restrictions on
resale under applicable securities laws, which include that a first trade
of such securities is a distribution unless Sundance is a reporting
issuer in a jurisdiction in Canada at the time of the trade.

    About Sundance:

    Sundance Minerals is an exploration company currently focusing on
precious and base metal projects in Mexico and the United States. Our
mission is to create and sustain shareholder value by developing a
balanced portfolio of exploration targets in known districts. Sundance
has a portfolio of 14 properties in Mexico and one in Nevada, most of
which are available for JV's. Technical information including geology,
geochemistry, and geophysics is available for all of them. Five out of
the 15 properties have historic drill holes. Leading properties are
Miranda and San Ricardo gold projects in Sonora, Los Tamales (Cu) in
Sonora, as well as Geranio and Lachatao gold projects in the Natividad
mining district in Oaxaca, Mexico.

    Forward-Looking Statement:

    Certain statements in this News Release constitute "forward looking
statements" that reflect the Company's current expectations and
projections about its future results. Forward- looking statements involve
various risks and uncertainties and are based on certain factors and
assumptions. There can be no assurance that such statements will prove to
be accurate, and actual results and future events could differ materially
from those anticipated in such statements. Important factors that could
cause actual results to differ materially from the Company's expectations
include the failure of the Securities Regulatory Authorities to grant the
requested decision document, the continued participation of the
respective joint venture partner at the Los Tamales project and the San
Ricardo project, the need to obtain additional financing or to sell or
joint venture other property interests on terms acceptable to the Company
in order to maintain its interest in and/or explore and develop the
Company's other mineral projects; and other factors of the mineral
exploration industry more fully described in the Company's Management
Discussion & Analysis of Financial Position and Results of Operations,
which is available on SEDAR at The assumptions made in
developing the forward-looking statements include the following: the
issuance by the Securities Regulatory Authorities of the requested
decision document, the continued participation of the respective joint
venture partner at the Los Tamales project and the San Ricardo project,
and the ability of the Company to obtain additional funding or to sell or
joint venture some of its property interests on terms acceptable to the
Company. Readers are cautioned not to place undue reliance on the
forward-looking statements contained in this press release. Except as
required by law, the Company assumes no obligation to update or revise
any forward-looking statement, whether as a result of new information,
future events or any other reason.

Sundance Minerals Ltd.
Chris Osterman
+1 (520) 906-6633

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