Key Developments: Sundance Resources Ltd (SDL.AX)

SDL.AX on Australia Stock Exchange

3 Jun 2015
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Latest Key Developments (Source: Significant Developments)

Sundance Resources Limited does not declare dividend
Tuesday, 30 Sep 2014 02:19am EDT 

Sundance Resources Limited:Says no dividends were paid or recommended during the financial year ended June 30.  Full Article

Sundance Resources Ltd completes $40 million convertible note funding
Tuesday, 23 Sep 2014 01:00am EDT 

Sundance Resources Ltd:Says that it has received A$40 million from new strategic investor Gennadiy Bogolyubov under the convertible note facility announced on Sept. 3, 2014.Bogolyubov made the investment through his vehicle Wafin Limited and has been issued convertible notes with a conversion price of 10 cents per share and 50 million options in Sundance.Says a further 210 million options will be issued to Wafin subject to shareholder approval, which is proposed to be sought at Sundance's upcoming Annual General Meeting to be held in Nov 2014.The funds will be used to progress the Mbalam‐Nabeba Project.  Full Article

Sundance Resources Ltd announces appointment of Wal King as Chairman
Sunday, 14 Sep 2014 06:00pm EDT 

Sundance Resources Ltd:Says that George Jones will retire as the company’s Chairman at the conclusion of the Annual General Meeting on Nov. 27, 2014.Jones will be succeeded as Sundance Chairman by Wal King, who was appointed to the Sundance Board as Non‐Executive Deputy Chairman in May 2014.  Full Article

WA supreme court finds in favor of Sundance Resources Ltd in dispute with absolute Analogue Inc and David Porter
Tuesday, 5 Aug 2014 10:00pm EDT 

Sundance Resources Ltd:Says that on Aug. 6, 2014 the Supreme Court of Western Australia delivered its judgment in the longstanding dispute between Absolute Analogue Inc and David Porter (as plaintiffs) and Sundance Resources Limited, following a trial in Nov. 2013.The Court dismissed the plaintiffs’ claim, which sought damages in lieu of a grant of 30 million options and ordered the plaintiffs to pay Sundance’s costs.A further claim by Porter (WA Supreme Court Action No. CIV 1632 of 2013) is scheduled to proceed to trial in 2015.Says this further claim is unrelated to the matters the subject of the claim of today’s decision.  Full Article

Sundance Resources Ltd's subsidiary signs engineering procurement and construction contract
Tuesday, 17 Jun 2014 10:29pm EDT 

Sundance Resources Ltd:Says its subsidiary Congo Iron SA and Mota‐ Engil Africa have signed the engineering procurement and construction (EPC) contract.Contract is for the 52km section of the Nabeba‐Mbalam railway line to be built in the Republic of Congo (Congo‐ Brazzaville) which will connect the Nabeba mine to the Cameroon railway.  Full Article

Sundance Resources Ltd appoints CFO
Thursday, 1 May 2014 01:39am EDT 

Sundance Resources Ltd:Appoints Alan Rule as Chief Financial Officer (CFO) for the company effective July 1.  Full Article

Sundance Resources Ltd Announces Issue Of Convertible Notes
Tuesday, 22 Oct 2013 01:00am EDT 

Sundance Resources Ltd announced that it has signed legally binding agreements to raise AUD40 million through the issue of convertible notes and options to Noble Resources International Pte Ltd (Noble Resources) and an investor consortium made up of investment vehicles managed by Blackstone Alternative Solutions, L.L.C., the D. E. Shaw Group and Senrigan Capital (Investor Consortium).  Full Article

Sundance Resources Ltd Does Not Proposes Dividend
Sunday, 29 Sep 2013 06:34pm EDT 

Sundance Resources Ltd announced that in respect of the year ended June 30, 2013, no dividends have been paid or proposed (2012: nil).  Full Article

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