Range Resources Ltd

US$60M Financing Update

RNS Number : 5027L
Range Resources Limited
28 April 2015
 



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 House
38 Jermyn Street
London, SW1Y 6DN
United Kingdom

t.   +44 (0)20 7025 7040

f.   +44 (0)20 7287 8028

e.  [email protected]

www.rangeresources.co.uk

 


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