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'Post-RNS exclusive interview with Independent Oil & Gas (IOG)' Watch here

'Post-RNS exclusive interview with Independent Oil & Gas (IOG)'


Range Resources Ltd Share Chat (RRL)



Share Price: 0.34Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.00Spread as %: 0.00%Open: 0.34High: 0.00Low: 0.00Yesterday’s Close: 0.34


Share Discussion for Range Resources Ltd


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findahappyplace
Posts: 1,943
Off Topic
Opinion:Hold
Price:0.34
View Thread (2)
RE: RNS
13 Jul '17
This is good I am guessing as shows we will continue to trade on AIM. Anyone have any thoughts?
 
DAZZGEDD
Posts: 1,007
Premium Chat Member
Observation
Opinion:No Opinion
Price:0.34
RNS
13 Jul '17
Thursday 13 July, 2017
Range Resources Ltd
Termination of ADR Programme
RNS Number : 9067K
Range Resources Limited
13 July 2017

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Termination of American Depository Receipt ("ADR") Programme

Range announces the decision to close its ADR programme effective 17:00 (Eastern Time) on August 7, 2017. Trading volumes of ADR's have been insufficient to justify the burden of maintaining the listing with no increase in liquidity being provided to the Company.

Under the terms of the Deposit Agreement, owners and holders of ADRs will have until at least August 10, 2018 to decide if they would like to attempt to surrender their Range ADRs for delivery of the underlying shares.

Subsequent to August 10, 2018, under the terms of the Deposit Agreement, the Bank of New York Mellon ("the Depositary") may attempt to sell the underlying shares. ADR holders will then receive the net cash proceeds from the sale of the shares held on deposit.

Holders of the Company's ordinary shares remain unaffected by this development. Following completion of the reverse takeover process, the ordinary shares of Range will continue to trade on the AIM and on the ASX.

Further information for ADR holders can be found on the Bank of New York Mellon website at https://www.adrbnymellon.com/directory/dr-directory.

Contact Details

Range Resources Limited

Evgenia Bezruchko (Group Corporate Development Manager)

e. admin@rangeresources.co.uk

t. +44 (0)20 3865 8430

Cantor Fitzgerald Europe (Nominated Advisor and Broker)

David Porter / Sarah Wharry (Corporate Finance)

David Banks (Corporate Broking)

t. +44 (0)20 7894 7000

This information is provided by RNS
The company news service from the London Stock Exchange

END

MSCGMGMNKZRGNZM
dr.koi
Posts: 8
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (2)
wage bill
11 Jul '17
as no companies are drilling on the island who is footing the bill for our newly aquired drilling rig crews?
k.j.k
Posts: 2,702
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (4)
RRL
11 Jul '17
What a painful share this is four months suspended on Thursday and holding over two million share here. We had PL a total bull SH-TER, RSR that would not talk to rig or shareholders BUT did get US back to over 2.5 p per share god I wish I had sold then!!!! And the current shower have delivered what , let's start with two long suspensions and vertically Boger all else.
growingballs
Posts: 20
Off Topic
Opinion:No Opinion
Price:0.34
Leo Koot
10 Jul '17
So LGO rebrand as Columbus Energy ad Leo Koot is all over the place informing the market how wonderful T&T is and that it is floating on a Sea of Oil. That management so far had been drilling wrongly. They need to bring the oil up under pressure (waterflood). So what is it the RRL have been doing all this time ? Where does the problem lay ? Is it our new management, do we have lazy crews, or is this just been ground away to gift it to someone else in the background.

What is very apparent is that if Columbus Energy can increase production then certainly Range can. Else we should sell our licenses to Columbus and walk away.
lutonnews
Posts: 3,154
Off Topic
Opinion:No Opinion
Price:0.34
RE: Question to Eva + Response
28 Jun '17
Thanks for sharing
isas
Posts: 632
Off Topic
Opinion:No Opinion
Price:0.34
RE: Question to Eva + Response
28 Jun '17
Thanks Cardiff for sharing that info- it would be good if they gave some timeline to rto!
Cardiffboy
Posts: 235
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (3)
Question to Eva + Response
28 Jun '17
For anyone who is still around and reading this board, I emailed Eva expressing my concerns from the lack of updates into the market and my concern as a LTH that my investment is all but lost.

please find her response.


Dear Paul

Thank you for your email.

Please note, we are continuing to release announcements upon any material developments.

With relation to the Trinidad work programme, the next update will be provided in the next quarterly activities report for the period ending 30 June 2017.

Future Trinidad work programme including waterflood and development drilling is currently under review. As part of the proposed reverse takeover, the Company will be publishing a Competent Person’s Report (CPR) included in the admission document. Once the CPR has been finalised, the Company will be in a position to publish its updated work programme to all shareholders.

Kind regards
Eva
Cardiffboy
Posts: 235
Off Topic
Opinion:No Opinion
Price:0.34
New pictures on the website.
27 Jun '17
for anyone who is interested, there are some new pictures on the range website of our nice new rigs under the media section.
Cardiffboy
Posts: 235
Off Topic
Opinion:No Opinion
Price:0.34
Ghosts
27 Jun '17
All is quiet, it worries me slightly that we have heard nothing in terms of RNS......




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