ASX Announcement
8 August 2012
Sundance retains suspension while negotiations with Hanlong continue
Sundance Resources Limited (“Sundance” or “the Company”) (ASX: SDL) advises that further to the
Company’s ASX announcement dated 2 August 2012 and the Company’s request for suspension from
official quotation on the same day, Sundance now advises:
Sundance and Hanlong (Africa) Mining Investment Limited ("Hanlong") remain in incomplete
negotiations as to the reasonable acquisition price referred to in the NDRC Provisional Approval.
The Sundance Board considers that trading in Sundance securities should remain suspended until the
completion of those negotiations at which point in time it will have sufficient certainty to update the
market.
All rights and obligations between Sundance and Hanlong remain as stipulated in the revised Scheme
Implementation Agreement dated 23 May 2012.
ENDS
- Forums
- ASX - By Stock
- SDL
- suspension extended
suspension extended, page-3
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)