Sundance Resources Limited

Hanlong Mining ("Hanlong") notes the statement made today by Sundance Resources Limited (ASX:SDL) ("Sundance") and confirms that it has reached an agreement with Sundance to acquire 100 per cent of Sundance shares through a Scheme of Arrangement.

Sundance Resources Limited (ASX:SDL) is pleased to announce that Hanlong Mining Investment Limited has proposed to acquire 100 per cent of the Company for A$0.57 cash per share via an Australian Scheme of Arrangement.

Sundance Resources Limited (ASX:SDL) notes today's ASIC Media Release relating to trading in securities of Sundance Resources Ltd.

Sundance Resources Limited (ASX:SDL) provides investors with the opportunity to view a webcast of the presentation delivered on 1 September 2011 by Sundance CEO and Managing Director, Mr Giulio Casello, at the Africa Down Under Conference held in Perth, Western Australia.

Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) advises that the potential of its Mbalam Iron Ore Project ('the Project') located in central West Africa has been further enhanced by a significant upgrade in its High Grade Hematite Resources to now total 521.7 million tonnes (Mt) at 60.7% Fe.

Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) advises that at 7pm AEST on Friday July 15, 2011 the Company received written advice from Hanlong Mining Investment Pty Limited of its intention to make a conditional cash offer for 100 per cent of Sundance at a price of A$0.50 per Sundance share under a scheme of arrangement.

Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) is pleased to provide an update on the status of its activities to secure a strategic partner for its Mbalam Iron Ore Project in central West Africa.

The Australian Financial Review newspaper today reports that Sundance Resources Limited's (ASX:SDL) (PINK:SUDCF) majority shareholder Hanlong Mining is "...exploring a number of potential deals with Sundance, including a full takeover, and that it is keeping all options open as it moves through due diligence."

The Australian Financial Review newspaper today reports that Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) may sell up to 50% of its interest in its Mbalam Iron Ore Project to a Strategic Partner. As previously advised the Company confirms that it is in ongoing discussions with several prospective Strategic Partners to provide equity, construction, off-take and finance for the Mbalam Project in central West Africa.

Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) and Legend Mining Limited (ASX:LEG) (PINK:LGDMF) have signed a Letter of Intent (LOI) for Access Co-operation with regards to usage of rail and port infrastructure as part of the Mbalam Iron Ore Project located in Cameroon and Congo in central West Africa.