SUNDANCE RESOURCES Forum: Community User: Scoty82

QUARTERLY ACTIVITIES REPORT PERIOD ENDED 30 SEPTEMBER 2019 Summary: ➢ New AustSino, Noteholder Agreement entered into on 5 July 2019, extended to 30 June 2020 ➢ Further meetings with Cameroon Government on convention extension ➢ Sundance shares remain in voluntary suspension ➢ $361,000 cash on hand as at 30 September 2019 Sundance Resources Limited (ASX: SDL) (“Sundance” or “Company”) provides the following information about activities for the quarter ended 30 September 2019: AGREEMENT WITH AUSTSINO AND NOTEHOLDERS UPDATES As announced on 8 July 2019, Sundance Resources Ltd (“Sundance”) (ASX: SDL), AustSino Resources Group Ltd (“AustSino”) (ASX: ANS) and the Noteholders of Sundance (“Noteholders”) entered into an agreement dated 5 July 2019, which regulates the terms on which AustSino would invest in Sundance and the existing notes held by the Noteholders would be cancelled in exchange for a cash, share and option package (“Sundance Agreement”). The end date for completion of the Sundance Agreement was 31 December 2019. On 22 October 2019 a letter agreement was signed between Sundance and AustSino in which we agreed to extend the end date for completion of the Sundance Agreement to 30 June 2020 (“SDL Letter Agreement”). In addition to this extension: ➢ The existing financial support arrangement in the Sundance Agreement will continue until completion. AustSino will continue to pay $100,000 per month to Sundance in return for the issue of ordinary shares in Sundance at an issue price of $0.0045 per share (which would comprise total payments of $1.3 million if completion does not occur until 30 June 2020). ➢ AustSino will now pay an additional $200,000 per month to Sundance starting on 1 December 2019 in return for the issue of ordinary shares in Sundance at an issue price of $0.0045 per share. However, the shares will not be issued to AustSino unless and until completion occurs (which would comprise total additional payments of $1.4 million to Sundance if completion does not occur until 30 June 2020). ➢ Sundance and AustSino have agreed to release each other (and their relevant personnel) from any claims or liabilities arising under or in connection with the Second Placement Agreement or the Mbalam-Nabeba Iron Ore Project prior to 22 October 2019 (the date of the SDL Letter Agreement). The additional funds to be received from AustSino will be used for general working capital purposes and to progress discussions regarding the Mbalam-Nabeba Iron Ore Project.

245💪😊

Wie warum stehen wir nun bei 246? 🙈😂😂 Gab doch nicht ernsthaft so eine Verlängerung?

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246

247

Viel zu viele Tage noch 🙈

🤣🤣🤣🤦‍♂️

🤪👍

248

Gab es schon wieder eine Verlängerung?

249🤩

250

Sind die pleite?

ASX Announcement 23 October 2019 DILUTION OF SHARES FROM PREVIOUS ISSUES Further to the previous releases to the ASX on 5 September 2019, 24 September 2019 and 16 October 2019, Listing Rule 7.1A.4(b) requires notification of the details of the dilution to existing shareholders of ordinary securities caused by the issue. The table below summarises the dilution impact of each issue: Date No of shares on issue 7.1A issue Dilution Impact Prior to use of 7.1A capacity 9,025,846,952 5 September 2019 issue to Havelock Resources Pty Ltd (Havelock Resources) 9,052,513,619 26,666,667 0.29% 5 September 2019 issue to Sophisticated Investor 9,079,180,286 26,666,667 0.29% 24 September 2019 issue to Sophisticated Investor 9,101,846,953 22,666,667 0.25% 16 October 2019 issue to Havelock Resources 9,128,513,620 26,666,667 0.29% Total 102,666,668 1.14% The issues were not underwritten and had no other fees associated with them. The issues to Havelock Resources, a wholly owned subsidiary to AustSino Resources Group Ltd (AustSino), were as per the financial support clause in the agreement between Sundance and AustSino as announced on 8 July 2019. The issue to the sophisticated investors were placements as the company considered that to be the most efficient and expedient way to raise funds. Further details of the issues are detailed within the Appendix 3B’s released to the ASX. CAROL MARINKOVICH Company Secretary E: cosec@sundanceresources.com.au

Und so harrten Sie aus , die *** und warteten und warteten und warteten. Und wenn Sie nicht gestorben sind, dann warten Sie noch heute.. 😂