Range Resources Ltd (RRS.AX) Key Developments | Reuters.com
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Range Resources Ltd (RRS.AX)

RRS.AX on Australia Stock Exchange

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Range Resources says Yan Liu re-appointed to the role of executive director and CEO
Tuesday, 24 May 2016 08:49pm EDT 

Range Resources Ltd : Effective immediately, yan liu has been re-appointed to the role of executive director and chief executive officer .  Full Article

Range Resources signs agreement with Petroleum Company of Trinidad and Tobago Ltd
Sunday, 8 May 2016 06:27pm EDT 

Range Resources Ltd : Royalty rates reduced in trinidad . Signed an agreement with the petroleum company of Trinidad and Tobago limited . The revised orrs will apply when the received oil price is below US$50 per barrel .  Full Article

Range Resources Ltd says completion of funding and issue of shares
Thursday, 3 Sep 2015 07:19am EDT 

Range Resources Ltd:Says Tranche 2 subscription proceeds of US$22.1 million in cash have been received by the Company.Says As per the terms of the subscription agreement, Range has issued 1,797,620,912 new ordinary fully paid shares of the Company ("Share" or "Shares") to Sibo at a subscription price of £0.008 per Share.Says Company has also issued 194,585,862 unlisted warrants with an exercise price of £0.01 and 172,557,274 unlisted warrants with an exercise price of £0.02 to Sibo.Says Tranche 1 subscription proceeds of £5.2 million (about US$7.9 million) in cash have already been received by the Company.  Full Article

Beijing Sibo Investment Management LP becomes initial substantial holder of Range Resources Ltd
Wednesday, 24 Jun 2015 04:25am EDT 

Range Resources Ltd:Says Beijing Sibo Investment Management LP becomes initial substantial holder of the company effective June 5 with 650,000,000 ordinary shares and 11.27 pct voting power.  Full Article

Range Resources Ltd announces issue of shares
Monday, 8 Jun 2015 06:38pm EDT 

Range Resources Ltd:Issues 650,000,000 ordinary fully paid shares.  Full Article

Range Resources Ltd announces execution of formal financing agreement for up to $35 million funding
Sunday, 31 May 2015 07:50pm EDT 

Range Resources Ltd:Says execution of definitive subscription agreement for a funding package of up to $35 million with Beijing Sibo Investment Management LP, an investment fund, headquartered in Beijing, China.Says Sibo will provide funding of a minimum of $20 million and up to $35 million in cash to subscribe for new ordinary fully paid shares of the company at a price of 0.008 pounds per share.Says that proceeds will be used to invest in Range's core operations and to repay outstanding debt facility.  Full Article

Range Resources Ltd signs conditional MOU for up to US$35 mln
Tuesday, 26 May 2015 02:01am EDT 

Range Resources Ltd:Says signing of a binding Memorandum of Understanding with Beijing Sibo Investment Management LP (Sibo).Says MOU envisages the company and Sibo entering into a definitive subscription agreement, whereby Sibo will provide funding of a minimum of US$20 million and up to US$35 million in cash to subscribe for new Ordinary Fully Paid Shares of the company at a price of £0.008 per Share.  Full Article

Range Resources Limited announces completion of Range Resources Drilling Services Limited sale
Sunday, 3 May 2015 06:28pm EDT 

Range Resources Limited:Advises that the sale of Range Resources Drilling Services Limited (RRDSL) to LandOcean Energy Services Co. Ltd., (LandOcean) has completed.  Full Article

Range Resources Ltd announces completion of Texas sale
Tuesday, 24 Mar 2015 05:29am EDT 

Range Resources Ltd:Further to the Company's previous announcements, the sale of its Texas assets to Citation Resources Limited (Citation) has completed.As part of the sales proceeds Range has received a AU$500,000 cash payment, a carry on the Guatemalan assets to the value of A$830,000, a forgiveness on monies owed by Range to Citation to the value of A$189,000 and 200 million new ordinary shares in Citation.  Full Article

Range Resources Ltd announces sale of non-core texas assets
Tuesday, 23 Dec 2014 04:18am EST 

Range Resources Ltd:Says signing of sale & purchase agreement.For disposal of 100 pct of Range Australia Resources (US) Ltd which holds company's interests in East Clarksville and North Chapman Ranch projects in Texas to Citation Resources Ltd (Citation).Says Citation is an ASX-listed oil and gas company, which together with Range holds interests in oil production and exploration assets in Guatemala.  Full Article