Iron-ore developer Sundance Resources has appointed specialist resources sector advisory firm RFC Ambrian to advise the board on capital restructuring options to ensure the company’s balance sheet was “appropriately structured”.
Sundance said on Monday that RFC Ambrian, which had asked former Glencore executive Mark Eames to join its advisory team for the assignment, would engage with shareholders in the coming months and would make specific recommendations to the board about restructuring options.
