Top-Foren
|
|
|
---|---|---|
Gesamt | 102 | 414 |
Börse | 55 | 261 |
Talk | 34 | 85 |
Blockchain | 16 | 88 |
Hot-Stocks | 9 | 43 |
DAX | 6 | 36 |
Boden im Mai bei 0,101 gefunden,Richtung stimmt
Seite 4 von 5
neuester Beitrag: 24.04.21 23:32
|
||||
eröffnet am: | 02.07.08 10:43 von: | buran | Anzahl Beiträge: | 121 |
neuester Beitrag: | 24.04.21 23:32 von: | Sandrayzbra | Leser gesamt: | 23039 |
davon Heute: | 5 | |||
bewertet mit 0 Sternen |
||||
|
--button_text--
interessant
|
witzig
|
gut analysiert
|
informativ
|
0
08:45 11.06.14
PR Newswire
London, June 11
11 June 2014
ASX Code: RRS and AIM Code: RRL
Range Resources Limited
("Range" or "the Company")
Notice of General Meeting
Range advises of its Notice of General Meeting ("Notice"). The meeting is
convened for 2.00pm (WST) on 11 July 2014, to be held at The University Club of
Western Australia, Seminar Room 3, Hackett Drive, Crawley, Western Australia.
Full details are available on the Company's website www.rangeresources.com.au
and also on the Australian Securities Exchange website www.asx.com.au (ASX
code: RRS).
Letter from Chairman
Dear Range Shareholders,
As announced on 15 May 2014, the Company entered into an agreement with Abraham
Ltd, ("Abraham") a Hong Kong-based investor, for Abraham to subscribe for US$12
million in cash for approximately 712 million new Ordinary Shares in the
Company (in two tranches) at a price of £0.01 per share. This represented a
premium of 49% to the share price at the close of business on the London AIM
market on 14 May 2014. Subsequently, and as announced on 29 May 2014, US$6
million was subscribed for 356,188,780 shares at the end of May with proceeds
of US$12 million received by the Company.
As also announced on 15 May 2014, the US$6 million for tranche two is subject
to Shareholders' approval upon the passing of an Ordinary Resolution to be put
to Shareholders at a General Meeting.
I am writing this letter to Shareholders to set out the background to the issue
of shares to Abraham to provide the reasons to the proposed resolutions and on
behalf of the Board to recommend to Shareholders to vote in favour of the
Resolutions.
Background to the transaction
Over recent years, Range Resources entered into numerous corporate debt
arrangements with a variety of lenders on expensive terms, which has had a
significant dilutionary effect on the Company's capital structure. With the
receipt of the US$12 million, the Company was able to use the funds to largely
repay these outstanding loans, as well as retain some funds for the Company's
working capital, both important and necessary steps to help return the Company
to financial health.
Resolution 1 therefore seeks Shareholders' approval for the Company to issue up
to 360 million shares and up to 240 million warrants to Abraham in order to
satisfy the only condition of the agreement between Abraham and the Company.
As per the agreement, in the event Shareholders do not approve Resolution 1
(described above and in the notice attached), US$6 million (of the US$12
million received) must be repaid to Abraham, together with a fee of US$1.8
million.
Benefits of the Transaction
In addition to leaving the Company with minimal debt (approximately GBP 75,000)
and providing the Company with working capital, the Company is gaining a
substantial new and supportive shareholder who will hold approximately 15% of
the enlarged share capital of the Company. Furthermore, the shares being issued
to Abraham are being issued at a premium to the share price at the time of
entering into the agreement and will finally put an end to the dilutionary
convertible debt which over recent months has put an immense pressure on the
Company's share price.
Collectively as a Board, we are delighted that we have managed to help secure
the future of the Company with this new investment and that with Shareholders'
approval, we can conclude the existing financing arrangements which have been
so prejudicial to the Company. I am also optimistic that we can now proceed to
put in place additional long term debt financing to develop our existing
production assets in Trinidad where together with our recently acquired acreage
for exploration, we have excellent prospects for returning the Company to long
term profitability.
Personally, I am extremely pleased that the new management team have already
made a positive impact on the Company. We believe that the financing
arrangements are in the best long term interests of the Company and recommend
that you vote in favour of the Resolutions.
Yours faithfully, Sir Sam Jonah
Chairman Contacts
Range Resources Limited Buchanan (Financial PR - UK)
Rory Scott Russell Ben Romney / Helen Chan
T: +44 (0) 20 7466 5000
E: rangeresources@buchanan.uk.com
GMP Securities Europe LLP (Joint Cantor Fitzgerald (Nominated Advisor and
Broker) Joint Broker)
Rob Collins / Liz Williamson David Porter / Tom Sheldon / Julian
T: +44 (0) 207 647 2800 Erleigh (Corporate finance) / Richard
Redmayne (Corporate broking)
T: +44 (0) 20 7894 7000
PPR (Financial PR -Australia)
David Tasker
E: david.tasker@ppr.com.au
Australia London
Ground Floor, 1 Havelock Street, West Suite 1A, Prince's House, 38 Jermyn
Perth WA 6005, Australia Street, London SW1 6DN
t:+61 8 9488 5220, f:+61 8 9324 2400 t:+44 (0)207 025 7040, f:+44 207 287
e:admin@rangeresources.com.au 8028
w: www.rangeresources.com.au
Quelle: PR Newswire
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
0
11:35 11.06.14
PR Newswire
London, June 11
11 June 2014
ASX Code: RRS and AIM Code: RRL
Range Resources Limited
("Range" or "the Company")
Investor Conference Call
The Company will be holding a live conference call for analysts and investors
on Tuesday, 1 July at 09.00am BST (British Summer Time) to provide the latest
update on the Company and answer questions on the upcoming General Meeting
which is being held on 11 July 2014.
To participate in this conference call and access full features, such as the
presentation slides, please log on to www.meetingzone.com/presenter/?partCEC=
9632701 and use participants' PIN to log in: 9632701.
To dial in via telephone please dial 0808 109 0700 UK toll free, 1800 681 584
Australia toll Free, or +44 (0)20 3003 2666 if you are calling from outside the
UK. Telephone operators will ask participants to provide a password, which is
Range Resources.
If you are unable to listen to the live call, it will be archived for up to 7
days on the Company's website.
Range's CEO, Rory Scott Russell, will be hosting the call followed by questions
and answers.
Investors are invited to submit questions via email ahead of the conference
call to the Company's Financial PR, Buchanan - rangeqanda@buchanan.uk.com.
Please send any questions by 09.00am BST on Thursday, 26 June.
Yours faithfully Rory Scott Russell
Chief Executive Officer
Contacts Buchanan (Financial PR - UK)
Range Resources Limited Ben Romney / Helen Chan
Rory Scott Russell T: +44 (0) 20 7466 5000
E: rangeresources@buchanan.uk.com
GMP Securities Europe LLP (Joint Cantor Fitzgerald(Nominated Advisorand
Broker) Joint Broker)
Rob Collins / Liz Williamson David Porter / Tom Sheldon / Julian
T: +44 (0) 207 647 2800 Erleigh (Corporate finance) / Richard
Redmayne (Corporate broking)
T: +44 (0) 20 7894 7000
PPR (Financial PR -Australia)
David Tasker
T: +61 (8) 9388 0944
E: david.tasker@ppr.com.au Australia London
Ground Floor, 1 Havelock Street, West Suite 1A, Prince's House, 38 Jermyn
Perth WA 6005, Australia Street, London SW1 6DN
t:+61 8 9488 5220, f:+61 8 9324 2400 t:+44 (0)207 025 7040, f:+44 207 287
e:admin@rangeresources.com.au 8028
w: www.rangeresources.com.au
Quelle: PR Newswire
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
0
08:05 16.06.14
PR Newswire
London, June 15
16 June 2014
ASX Code: RRS and AIM Code: RRL
Range Resources Limited
("Range" or "the Company")
Trinidad Operations Update and Increase in Reserves
Trinidad Operations Update
Range is pleased to provide an update on its Trinidad operations
with the following highlights:
- Operations continue without any significant Health, Safety,
Security and the Environment (HSSE) incidents.
- Production has increased by 18% from the previously reported 533
barrels of oil per day ("bopd") (see announcement on 22 April 2014) to 630
bopd.
- The increase in production is primarily due to excellent results
at the South Quarry QU 452 development well. The well is producing at a
stabilised rate of 70 bopd of very light 470 API oil on a 5/32" choke.
- The well was drilled to a depth of 1,945 ft., and a 17 ft.
section perforated between 1,702-1,730 ft.
- QU 452 is the first development well to be drilled in the South
Quarry licence since 2007. This successful outstep development well confirms
the extension of the shallow producing trend and is expected to result in
additional development drilling targets and an increase to the Company's
proved reserves (additional to the increase in proved reserves mentioned
below).
- Four of the fleet of six drilling rigs are fully operational:
- Rigs 1 and 5 are engaged in development work in the Morne Diablo licence.
- Rig 6 is engaged in workover operations also at Morne Diablo.
- Given encouraging results from South Quarry QU 452 well, the Company is
currently evaluating the possibility of moving rig 8 to South Quarry licence
to drill additional development targets and expedite the drilling programme.
- The remaining rigs 2 & 7 are undergoing maintenance.
- The Company is finalising the location of the first planned well
on the Guayaguayare block with JV Partner Niko Resources, and will update the
market on further progress via separate announcements.
Increase in Reserves
Range is pleased to announce an independently audited increase in
reserves attributed to the Company's onshore Beach Marcelle, Morne Diablo and
South Quarry licences in Trinidad.
The Company's total 2P reserves have increased by over 9% from the
previously reported 20.2 MMbbl to 22.1 MMbbl. These reserve increases are a
result of the Company's ongoing development drilling programme and consequent
update to development schemes in Trinidad during the period. During the period
the Company produced 1.2 MMbbl of oil from its three fields.
The updated independent reserves report was completed by Forrest A.
Garb & Associates, Inc. ("FGA") with the reserve volumetrics used in the
report effective January 1, 2014 and prepared in accordance with SEC
Regulation S–X and with the guidelines of the Society of Petroleum
Engineers.
The following table set outs the increase in the Company's net
reserves from FGA Report effective October 1, 2012 to the latest report
effective January 1, 2014.
Total Net Reserve Volumes:
October 1, 2012 January 1, 2014 % Increase
Oil (MMbbl) Oil (MMbbl)
Proved (1P) 17.5 19.0 8.6%
Proved plus Probable (2P) 20.2 22.1 9.4%
Proved plus Probable plus 25.2 28.2 11.9%
Possible (3P)
Commenting on today's announcement, Rory Scott Russell, CEO, said:
"The 18% production increase is a great result for the company and
shows good progress towards meeting our production targets for the year. The
QU 452 well in particular demonstrates the untapped potential of our
development assets in Trinidad, flowing exceptionally light oil at 70 bopd and
opening up a new area for development drilling.
We are also pleased to provide the updated reserve figures for our
core producing assets in Trinidad. The increase in these reserves figures is a
result of our ongoing drilling, de-risking and development planning work. The
increase in reserves more than replaces production since the last report again
highlighting the development potential of the acreage."
Yours faithfully
Rory Scott Russell
Chief Executive Officer
Contacts
Range Resources Limited Buchanan (Financial PR - UK)
Rory Scott Russell Ben Romney / Helen Chan
T: +44 (0) 20 7466 5000
E: rangeresources@buchanan.uk.com
GMP Securities Europe LLP (Joint Cantor Fitzgerald (Nominated Advisor and
Broker) Joint Broker)
Rob Collins / Liz Williamson David Porter / Tom Sheldon / Julian
T: +44 (0) 207 647 2800 Erleigh (Corporate finance) / Richard
Redmayne (Corporate broking)
T: +44 (0) 20 7894 7000
PPR (Financial PR - Australia)
David Tasker
T: +61 (8) 9388 0944
E: david.tasker@ppr.com.au
Table of Reserves
Detailed below are the estimated reserves for the Range project
portfolio.
Gross Oil Reserves Range's Net Attributable
Project 1P 2P 3P Interest 1P 2P 3P Operator
Oil & NGL -
MMboe
Trinidad 19.0 22.1 28.2 100% 19.0 22.1 28.2 Range
Texas - NCR 16.4 25.2 35.3 20-25% 2.2 3.4 4.8 Western Gulf
Texas - ETCV 1.0 1.6 3.3 22% 0.2 0.3 0.6 Crest Resources
Guatemala 0.4 2.3 - 24% 0.1 0.5 - Latin American
Resources
Total Oil & 36.8 51.2 66.8 21.5 26.3 33.6
Liquids
Gas Reserves -
Tcf
Texas - NCR 0.1 0.2 0.2 20-25% 0.01 0.02 0.02 Western Gulf
Georgia - CBM - - 0.6 45% - - 0.2 Strait Oil & Gas
Total Gas 0.1 0.2 0.8 0.01 0.02 0.22
Reserves
With the exception of Guatemala, all of the technical information,
including information in relation to reserves and resources that is contained
in this document has been reviewed internally by the Company's Competent
Person, Dr Douglas Field. Dr Field is a petroleum / reservoir engineer who is
a suitably qualified person with over 30 years' experience in assessing
hydrocarbon reserves and has reviewed the release and consents to the
inclusion of the technical information.
The reserves estimates for the three Trinidad blocks have been
formulated by Forrest A. Garb & Associates, Inc. (FGA). FGA is an
international petroleum engineering and geologic consulting firm staffed by
experienced engineers and geologists. Collectively FGA staff has more than a
century of world–wide experience. FGA have consented in writing to the
reference to them in this announcement and to the estimates of oil and natural
gas liquids provided. The definitions for oil and gas reserves are in
accordance with SEC Regulation S–X an in accordance with the guidelines of
the Society of Petroleum Engineers ("SPE"). The SPE Reserve definitions can be
found on the SPE website at spe.org.
In granting its consent to the public disclosure of this press
release with respect to the Company's Trinidad operations, Petrotrin makes no
representation or warranty as to the adequacy or accuracy of its contents and
disclaims any liability that may arise because of reliance on it.
The TSX certified 51-101 certified reserves with respect to the
Guatemalan project are as reported by ASX listed Company Citation Resources
(ASX: CTR).
The technical information included in this announcement with
respect to Georgia was prepared by Dr. M. Arif Yukler, COO of SOG Georgia. Dr
Yukler is a geologist who is a suitably qualified person with more than 38
years of experience in the international oil & gas industry, and in assessing
hydrocarbon reserves. Dr Yukler has advised companies and government entities
of all size from small caps to super-majors, as well as state regulatory
authorities on the management of resources and exploration areas. Dr. Yukler
has reviewed the release and consents to the inclusion of the technical
information with respect to Georgia.
SPE Definitions for Proved, Probable, Possible Reserves and
Prospective Resources
Proved Reserves are those quantities of petroleum, which by
analysis of geoscience and engineering data, can be estimated with reasonable
certainty to be commercially recoverable, from a given date forward, from
known reservoirs and under defined economic conditions, operating methods, and
government regulations.
Probable Reserves are those additional Reserves which analysis of
geoscience and engineering data indicate are less likely to be recovered than
Proved Reserves but more certain to be recovered than Possible Reserves.
Possible Reserves are those additional reserves which analysis of
geoscience and engineering data indicate are less likely to be recoverable
than Probable Reserves.
1P refers to Proved Reserves, 2P refers to Proved plus Probable
Reserves and 3P refers to Proved plus Probable plus Possible Reserves.
Quelle: PR Newswire
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
0
08:50:53§ 0,024 € 1.400
___________________
GRATULATION
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
0
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
1
. ...mal nen fixen Gruss an bassbachnich. und buran hier ;-)
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
0
17 June 2014
ASX Code: RRS and AIM Code: RRL
Range Resources Limited
("Range" or "the Company")
Trinidad Approves New Positive Fiscal Incentives
Range is pleased to confirm that, further to announcement of 16 September 2013,
the Government of Trinidad and Tobago has approved and adopted the proposed
budget incentives for oil and gas companies introduced by the Minister of
Finance and Economy of Trinidad and Tobago in the 2014 Budget Statement. These
newly proposed budget incentives, which especially reward companies with
accelerated development and exploration programmes including Range, are
expected to have a significant positive impact on the Company's cash flows and
returns from its ongoing production growth. These changes will be effective
retrospectively from January 1, 2014.
Commenting on today's announcement, Rory Scott Russell, CEO, said:
"Range is fully committed to growing its business in Trinidad and we are
therefore delighted with the ratification of these new positive fiscal
incentives. Operating in a favourable economic environment will bring
significant benefits to the Company as we continue to increase production and
unlock value from our core development assets in Trinidad."
The key changes to the fiscal regime that impact Range can be found in the
table at the end of this announcement.
Yours faithfully
Rory Scott Russell
Optionen
0
11:35 19.06.14
PR Newswire
London, June 19
19 June 2014
ASX Code: RRS and AIM Code: RRL
Range Resources Limited
("Range" or "the Company")
Share Trading Announcement
Further to the Company's announcement released today on ASX regarding the
trading halt in the Company's shares on ASX, Range confirms that share trading
on AIM will be unaffected.
As previously announced, the Company is aware of the requirement under
Australian Law and ASX rules to appoint two Australian resident directors to
replace the two that resigned from the Board last week and the Board is
considering suitable candidates at present. Whilst the appointment process is
ongoing, the Board remains duly authorised to continue to take all decisions
and actions relevant to the normal running of the Company. Contacts Buchanan (Financial PR - UK)
Range Resources Limited Ben Romney / Helen Chan
Rory Scott Russell T: +44 (0) 20 7466 5000
E: rangeresources@buchanan.uk.com
GMP Securities Europe LLP (Joint Cantor Fitzgerald(Nominated Advisorand
Broker) Joint Broker)
Rob Collins / Liz Williamson David Porter / Tom Sheldon / Julian
T: +44 (0) 207 647 2800 Erleigh (Corporate finance) / Richard
Redmayne (Corporate broking)
T: +44 (0) 20 7894 7000
PPR (Financial PR -Australia)
David Tasker
E: david.tasker@ppr.com.au
Australia London
Ground Floor, 1 Havelock Street, West Suite 1A, Prince's House, 38 Jermyn
Perth WA 6005, Australia Street, London SW1 6DN
t:+61 8 9488 5220, f:+61 8 9324 2400 t:+44 (0)207 025 7040, f:+44 207 287
e:admin@rangeresources.com.au 8028
w: www.rangeresources.com.au
Quelle: PR Newswire
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
0
08:05 23.06.14
PR Newswire
London, June 23
23 June 2014
ASX Code: RRS and AIM Code: RRL
Range Resources Limited
("Range" or "the Company")
Share Trading Update
Further to the Company's announcement released today regarding the voluntary
suspension on ASX, Range confirms that share trading on AIM will be unaffected.
As previously announced, the Company is in the process of appointing two
Australian resident directors to replace the two that resigned from the Board
recently, as part of the requirement under Australian Law and ASX rules.
The Company requested the voluntary suspension on ASX to be in place until it releases
an announcement regarding the new appointments, and expects to make the
announcement before the commencement of trading on Monday, 30 June 2014.
The ASX announcement can be accessed at:
http://www.rangeresources.co.uk/framework/...aydocument.asp?doc=1227.
Yours faithfully Rory Scott Russell
Chief Executive Officer Contacts Buchanan (Financial PR - UK)
Range Resources Limited Ben Romney / Helen Chan
Rory Scott Russell T: +44 (0) 20 7466 5000
E: rangeresources@buchanan.uk.com
GMP Securities Europe LLP (Joint Cantor Fitzgerald(Nominated Advisorand
Broker) Joint Broker)
Rob Collins / Liz Williamson David Porter / Tom Sheldon / Julian
T: +44 (0) 207 647 2800 Erleigh (Corporate finance) / Richard
Redmayne (Corporate broking)
T: +44 (0) 20 7894 7000
PPR (Financial PR -Australia)
David Tasker
T: +61 (8) 9388 0944
E: david.tasker@ppr.com.au Australia London
Ground Floor, 1 Havelock Street, West Suite 1A, Prince's House, 38 Jermyn
Perth WA 6005, Australia Street, London SW1 6DN
t:+61 8 9488 5220, f:+61 8 9324 2400 t:+44 (0)207 025 7040, f:+44 207 287 8028
e:admin@rangeresources.com.au w: www.rangeresources.com.au
Quelle: PR Newswire
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
0
PR Newswire
London, July 14
14 July 2014
Range Resources Limited
('Range' or 'the Company')
Atzam #5 Well Update Range notes the announcement released by Citation Resources Limited (ASX: CTR)
on the Guatemalan Project.
Investors are encouraged to read the full announcement, which can be accessed
at: http://www.citation.net.au/media/articles/...ections-299/1344196.pdf.
Range has direct and indirect 24% interest in the Guatemalan Project.
Yours faithfully Rory Scott Russell
Chief Executive Officer ASX Code: RRS
AIM Code: RRL
Contacts
Range Resources Limited
Rory Scott Russell
Cantor Fitzgerald
(Nominated Advisor and
Joint Broker)
David Porter / Tom Sheldon /
Julian Erleigh (Corporate finance) Richard Redmayne (Corporate broking)
t. +44 (0)20 7894 7000
GMP Securities Europe LLP
(Joint Broker)
Rob Collins / Liz Williamson
t. +44 (0)20 7647 2800
Buchanan (Financial PR - UK)
Ben Romney / Helen Chan
t. +44 (0)20 7466 5000
e. rangeresources@buchanan.uk.com
PPR (Financial PR - Australia)
David Tasker
t. +61 (8) 9388 0944
e. david.tasker@ppr.com.au
Australian Office
Ground Floor,
1 Havelock Street,
West Perth, WA 6005
Australia
t. +61 8 9488 5220
f. +61 8 9324 2400
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. admin@rangeresources.co.uk
www.rangeresources.co.uk
Quelle: PR Newswire
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
0
08:40 21.07.14
PR Newswire
London, July 21
Range Resources Limited
(`Range' or `the Company')
21 July 2014
ASX Code: RRS
AIM Code: RRL Company Secretary Appointment/ Resignation, Change of Registered Address and
Appendix 3B
In accordance with ASX Listing Rule 3.16.1 Range Resources Limited (ASX: RRS
AIM: RRL) advises that Ms Amy Just has been appointed to the role of Joint
Company Secretary effective 21 July 2014.
Ms Just replaces Ms Sara Kelly as Joint Company Secretary. The Company would
like to thank Ms Kelly for her services over the period she has been Company
Secretary.
The Company would also like to announce the change of registered office to 945
Wellington St, West Perth WA 6005, Australia.
In addition the Company announces that 443,614,813 Ordinary Shares, 161,472,247
Unlisted Options (£0.01, 14 July 2018) and 118,729,593 Unlisted Options (£0.02,
14 July 2018) have been issued, details of the issue are below;
356,188,780 Ordinary Fully Paid Shares issued as per agreement with Abraham
(previous RNS dated 15 May 2014 and as approved by shareholders at the General
Meeting on 11 July 2014).
39,298,700 Ordinary Fully Paid Shares issued in respect of fees due to lenders
upon final settlement of debt agreements (previous RNS dated 3 June 2014)
10,000,000 Ordinary Fully Paid issued in respect of fees due to lenders upon
final settlement of debt agreements (previous RNS dated 3 June 2014)
7,500,000 Ordinary Fully Paid Shares issued for consulting fees as per
agreement
30,627,333 Ordinary Fully Paid shares issued on the exercise of options
118,729,593 Unlisted Options (£0.01, 14 July 2018) issued as per agreement with
Abraham (previous RNS dated 15 May 2014 and as approved by shareholders at the
General Meeting on 11 July 2014)
118,729,593 Unlisted Options (£0.02, 14 July 2018) issued as per agreement with
Abraham (previous RNS dated 15 May 2014 and as approved by shareholders at the
General Meeting on 11 July 2014)
42,742,654 Unlisted Options (£0.01, 14 July 2018) issued as per advisor fees
payable relating to the Abraham transaction.
Following the above the Company's issued ordinary share capital will be
4,964,816,681 ordinary shares.
Application has been made to the London Stock Exchange for the New Ordinary
Shares, which rank pari passu with the Company's existing issued ordinary
shares, to be admitted to trading on AIM. Dealings are expected to commence on
28 July 2014.
The above figure of 4,964,816,681 may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company, under the FSA's Disclosure and Transparency
Rules.
Please see Appendix A for the total number of securities on issue.
Yours faithfully Rory Scott Russell
Chief Executive Officer
Appendix A.
The total number of securities on issue are as follows: 4,964,816,681 Ordinary Fully Paid Shares
80,508,341 Listed Options ($0.05, 31 January 2016)
855,166 Unlisted Options (£0.04p, 30 June 2015)
7,058,824 Unlisted Options (£0.17p, 30 April 2016)
17,921,146 Class B Performance Shares
5,180,000 Unlisted Options (£0.075p, 31 January 2017)
9,000,000 Unlisted Options (£0.125p, 31 March 2015)
15,708,801 Unlisted Options (£0.0615, 19 October 2015)
32,275,862 Unlisted Options (£0.05075, 30 November 2015)
5,000,000 Unlisted Options ($0.10, 31 January 2016)
5,000,000 Unlisted Options ($0.06, 10 February 2016)
146,533,850 Unlisted Options (£0.04, 30 April 2016)
5,000,000 Unlisted Options (£0.037, 11 July 2016)
476,190 Unlisted Options (£0.021, 25 July 2016)
952,381 Unlisted Options (£0.021, 29 July 2016)
6,714,284 Unlisted Options (£0.021, 31 August 2016)
9,000,000 Unlisted Options (£0.02, 31 August 2016)
3,947,369 Unlisted Options (£0.19, 30 September 2016)
8,666,670 Unlisted Options (£0.18, 30 September 2016)
694,445 Unlisted Options (£0.018, 31 October 2016)
2,205,885 Unlisted Options (£0.017, 31 October 2016)
1,250,000 Unlisted Options (£0.016, 31 October 2016)
17,333,336 Unlisted Options (£0.015, 31 October 2016)
3,000,000 Unlisted Options (£0.015, 30 November 2016)
1,428,571 Unlisted Options (£0.014, 30 November 2016)
2,769,231 Unlisted Options (£0.013, 30 November 2016)
2,000,000 Unlisted Options ($0.0321, 11 December 2016)
4,083,334 Unlisted Options (£0.012, 31 December 2016)
5,000,001 Unlisted Options (£0.011, 31 December 2016)
21,136,365 Unlisted Options (£0.011, 31 January 2017)
1,450,690 Unlisted Options (£0.010, 28 February 2017)
161,472,247 Unlisted Options (£0.01, 14 July 2018)
118,729,593 Unlisted Options (£0.02, 14 July 2018) Contacts
Range Resources Limited
Rory Scott Russell
Cantor Fitzgerald
(Nominated Advisor and
Joint Broker)
David Porter / Tom Sheldon /
Julian Erleigh (Corporate finance) Richard Redmayne (Corporate broking)
t. +44 (0)20 7894 7000
GMP Securities Europe LLP
(Joint Broker)
Rob Collins / Liz Williamson
t. +44 (0)20 7647 2800
Buchanan (Financial PR - UK)
Ben Romney / Helen Chan
t. +44 (0)20 7466 5000
e. rangeresources@buchanan.uk.com
PPR (Financial PR - Australia)
David Tasker
t. +61 (8) 9388 0944
e. david.tasker@ppr.com.au
Australian Office
945 Wellington Street
West Perth, WA 6005
Australia
t. +61 8 9322 7600
f. +61 8 9322 7602
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. admin@rangeresources.co.uk
www.rangeresources.co.uk
Quelle: PR Newswire
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
0
08:05 04.08.14
PR Newswire
London, August 3
4 August 2014
International Petroleum Loan Update
The Board of Range is pleased to announce that it has signed a settlement
agreement with International Petroleum with respect to repayment of Range's USD
8 million loan by International Petroleum Ltd (IOP).
Background to the transaction
As part of a proposed merger in 2013, Range lent USD 8 million to IOP under a
AUD 15 million loan agreement. The proposed merger was aborted in H2 2013 and
the loan was due to have been repaid with interest on 30 April 2014. Due to
IOP's financial constraints, it has been unable to repay the loan to date.
Settlement agreement signed
Range has agreed to extend the loan repayment date to 30 November 2014 to allow
IOP to complete the sale of its Russian assets.
Upon conclusion of the sale, and according to the settlement agreement, IOP
will make a cash repayment of USD 500,000 to Range and all other outstanding monies
will convert into ordinary shares of IOP. Following conversion, Range is expected to
hold approximately 9% of the enlarged share capital of IOP. In addition, IOP will issue
5 million IOP options to Range exercisable at $0.06 in 24 months from issue date.
IOP is listed on the National Stock Exchange of Australia (NSX) and had a
market capitalisation of AUD 71 million prior to suspension of trading in H1
2013. The securities of IOP are expected to be restored to trading on the NSX
upon completion of the Russian assets sale and settlement of IOP's creditors,
including Range.
The loan settlement remains conditional on IOP's shareholder approval on or
before 30 October 2014 and agreement from other loan creditors of IOP to extend
repayment of their debt on similar terms.
Rory Scott Russell, CEO, commented:
"Our objective during negotiations with IOP has clearly been to recover as much
value from this difficult situation as possible. I believe our objective has
been met with this successful commercial outcome. IOP holds an international
portfolio of exploration and production licences including a large acreage
position in Niger, a highly prospective and under-explored country with
considerable onshore oil potential.
I am pleased that the new team at Range can draw a line under what has been a
difficult transaction and focus our full attention on our operations in
Trinidad."
Yours faithfully Rory Scott Russell
Chief Executive Officer
Quelle: PR Newswire
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
1
13:48:01§0,022 € 1.000
___________________
GRATULATION
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|
0
Optionen
Antwort einfügen |
Boardmail an "buran" |
Wertpapier:
Range Resources Ltd.
|