Sign In
28 Apr 2015 08:13
US$60M Financing Update
Range advises that further to the Company's announcement on 1 April 2015, Range has been advised by Core Capital Management Co., Ltd (Core Capital) that it has not yet received all necessary regulatory and government approvals to complete the funding. Under the terms of the funding agreements, completion should occur by 30 April 2015, subject to satisfaction of this remaining condition precedent.
Range is disappointed that the completion has not occurred to date, but has agreed with Core Capital to extend the completion date to 14 May 2015 to enable Core Capital to progress with the receipt of the approvals.
Range continues to closely monitor the progress with Core Capital and will provide a further market update in due course.
Contacts
Cantor Fitzgerald Europe(Nominated Advisor and Broker)
David Porter / Sarah Wharry(Corporate finance)
Richard Redmayne (Corporate broking)
t. +44 (0)20 7894 7000
Range Resources Limited
Australian Office
Ground Floor, BGC Centre
28 The Esplanade
Perth WA 6000
Australia
t. +618 6205 3012
UK Office
Suite 1A, Prince's House38 Jermyn StreetLondon, SW1Y 6DNUnited Kingdom
t. +44 (0)20 7025 7040
f. +44 (0)20 7287 8028
e. admin@rangeresources.co.uk
www.rangeresources.co.uk
Follow the stocks
