Company Updates

    Half Yearly Report  

31 December 2020 Half Yearly Financial Report

    Restructure of Arrangements with Noteholders  

Sundance is pleased to announce that it has reached an agreement with the Noteholders to restructure the Company's existing debt and security arrangements.

    Leadership Change  

Sundance wishes to announce that its Board has completed a review of its leadership and management structure following the events of the past six months.

    Company Update - Developments in Cameroon  

Sundance notes media reports that the Government of Cameroon signed a memorandum of understanding on 25 June 2021 in Yaoundé with AustSino Resources Group Ltd and Bestway Finance Ltd for the construction of the 510km railway connecting the Mbalam-Nabeba Iron Ore Project to the deep-water port of Kribi.

    Commencement of International Arbitration Against Cameroon  

Sundance has referred its dispute with the Republic of Cameroon to arbitration at the International Chamber of Commerce in Paris.

    Litigation Funding Secured  

Sundance is pleased to announce it has signed a binding Capital Provision Agreement with Burford Asia Investments, an affiliate of Burford Capital Limited, the world's leading global finance and asset management business focused on law.  

    Company Update - 12 April 2021  

The Company wishes to provide an update to shareholders on Litigation Funding and Short-term Funding.

See attached Company Update for information.

    Commencement of International Arbitration Against Congo  

Sundance wishes to announce today that, through its subsidiary Congo Iron SA, it has referred its dispute with the Republic of Congo to arbitration in London under the rules of the International Chamber of Commerce.  

The dispute arises out of Congo Government's unlawful expropriation of Congo Iron's mining permit in the Sangha region of Congo and related rights and interests.

    Company Update Regarding Media Reports  
    Company Update Regarding Congo  

Sundance wishes to advise that following recent correspondence received from The Government of Congo Sundance has decided to delay arbitration against Congo for a further 30 days to allow discussions to progress between Sundance and representatives of Congo.

    Company Update on Action Against Cameroon and Congo  
    Market Update to Shareholders  
    Market Update on Congo Dispute  
    Removal from Official List  
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