COMPANY UPDATE
UK-Regulatory: COMPANY UPDATE
The Company refers its shareholders to the announcement published earlier today relating to resumption of share trading on ASX. The Company remains committed to maintain a listing in London and intends to seek admission of its shares to AIM at the earliest reasonable opportunity.
Commenting on the announcement Chairman, Kerry Gu said:
“We are pleased to be resuming trading on ASX today. Having secured three new acquisitions of potentially transformational assets, Range is a much stronger and a more diverse business than it was six months ago. We are excited to come back to the market with a renewed strategy and hope to continue to provide concrete results from developing our high-quality assets. We are committed to completing the acquisitions of Range Resources Drilling Services Limited; West Coast, Trinidad; and Perlak, Indonesia during Q4 2017.
On behalf of the Board and Range’s team, I would like to thank all shareholders for their continued support over the last few months as the Company was undergoing a complex reverse takeover process, whilst also continuing with acquiring two material assets. We are working on finalising all the required documentation to enable us to admit to AIM and are hopeful to complete this process as soon as possible.”
Contact Details
Range Resources Limited
Evgenia Bezruchko (Group Corporate Development Manager)
e. admin@rangeresources.co.uk
t. +44 (0)20 3865 8430