Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Iron-ore developer Sundance Resources has extended the maturity date of its existing A$5-million convertible note with Hanlong Mining Investment from the end of 2014 until the end of 2015. From January next year, Sundance would pay an interest rate of 10% a year on a quarterly basis on the outstanding convertible notes.
Iron-ore developer Sundance Resources has extended the maturity date of its existing A$5-million convertible note with Hanlong Mining Investment from the end of 2014 until the end of 2015. From January next year, Sundance would pay an interest rate of 10% a year on a quarterly basis on the outstanding convertible notes.
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