Sept 30 (Reuters) - Sundance Resources Ltd SDL.AX :
* Term sheet executed with existing noteholders to invest additional A$7 million into Sundance
* In-principle agreement reached to extend maturity date of existing
convertible notes from November 2015 to September 2017
* Further cost reductions to occur
* "Board and management of Sundance have undertaken further steps to minimise expenditure"
* Number of significant cost reductions in head office and in country including reductions in salaries and numbers for management, staff and board
* Source text for Eikon ID:nASX5WKnjH
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