LOL - Range Resources sues Range Resources4 Aug 2022 16:49
This is like a comedy, Star Phoniex, previously Range Resources announces that Range Resources is suing Range Resources. LOL
Why didn't they just say 'LandOcean' since thats who they sold 'Range Resources Trinidad Limited' to.
This lot only seem to get money via courts, and that is in tiny amounts.
Lodgment of Claim Against Range Resources Trinidad Limited
Star Phoenix, an AIM listed company (AIM: STA) focused on growth through attractive opportunities, provides the following update in relation to its wholly owned subsidiary in Trinidad, Range Resources Drilling Services Limited ("RRDSL").
RRDSL, through its attorney (Robin B. Ramoutar & Co), has submitted three claims at a total amount of approximately TT$14.9 million (£1.78 million) against Range Resources Trinidad Limited ("RRTL" or the "Defendant") in the Supreme Court of Trinidad and Tobago in respect of breach of loan, service and equipment rental contracts from the Defendant (the "Claims"). A Court date will be scheduled in due course.
The Company will provide updates as appropriate.
This announcement has been approved by Chairman Lubing Liu on behalf of the Company.