takeover or merger, page-2

MORE TO FOLLOW) Dow Jones Newswires
September 23, 2007 21:10 ET (01:10 GMT)
DJ Gindalbie Metals, Sundance Resources To Merge - Source

PERTH (Dow Jones)--Gindalbie Metals Ltd. (GBG.AU) and Sundance Resources Ltd. (SDL.AU)
plan to merge, a person familiar with the deal said Monday.
The two iron ore mine developers are based in Perth and are chaired by Western
Australian mining veteran George Jones.
The deal would likely involve a share swap, the person said, and could be announced as
early as Monday.
Based on the market values of the companies, the merger would create a A$2.2 billion
group.
Shares in both companies are in a trading halt.