03 Feb 2016

Clayton Utz advising Sundance Resources Ltd on A$16.5 million equity raising

Clayton Utz is advising ASX listed Sundance Resources Ltd (ASX: SDL) on its pro-rata renounceable entitlement offer to raise up to $16.5 million, announced today.

The entitlement offer is partially underwritten and offers shareholders 1 new share for every 1 share held at an issue price of A$0.005 per share, together with 1 free attaching option for every 1 share subscribed.

Clayton Utz Perth corporate partner Mark Paganin is leading the Firm's team with support from senior associate Stephen Neale and lawyer Thomas Parker.

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