Iron ore explorer Sundance Resources Ltd
(ASX:SDL) is to recommence trading on the ASX today with a new board and leadership team in place to take the company forward.
Sundance placed its shares in a trading halt in June after a plane carrying its entire board crashed in West Africa killing all on board.
Since then the company has moved swiftly to appoint a management team to oversee the business.
The appointments include former Sundance chairman George Jones, who returns to take up the helm of chairman once more, and Peter Canterbury who will fill the shoes of acting CEO for now.
Sundance also says its key asset an iron ore project in Cameroon West Africa remains on schedule with construction expected to commence in 2011.
The iron ore miner says it is also progressing discussions with potential strategic partners to build, operate and finance infrastructure for the project.
Sundance says it is in a strong financial position with $75 million cash in hand and no debt.
Sundance posted a loss for the 12 months to June 30, 2009.
