SDL 0.00% 0.6¢ sundance resources limited

Ann: Hanlong Convertible Note Extension, page-2

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    Interesting - and a positive for me.

    "HANLONG CONVERTIBLE NOTE EXTENSION
    Sundance Resources Limited (“Sundance”) (ASX: SDL) advises that the Maturity Date for the existing A$5 million convertible notes with Hanlong (Africa) Mining Investment Limited ("Hanlong") has been extended from 31 December 2014 to 31 December 2015, and from 1 January 2015, Sundance will pay interest to Hanlong at the rate of 10% per annum on a quarterly basis on the outstanding convertible notes. In February 2013, Sundance announced it had received A$5 million from Hanlong under the convertible note facility. For further details of the terms and conditions of the convertible notes please refer to Annexure B of the Notice of Meeting for the Company's 2013 AGM, released to ASX on 29 October 2013."
 
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