RRS range resources limited

in there last rns they wrote" Africa Oil Corp. ("Africa Oil" or...

  1. 1,079 Posts.
    in there last rns they wrote" Africa Oil Corp. ("Africa Oil" or "the Company") (TSX VENTURE:AOI) is pleased to announce that it has closed the first tranche of its $25 million private placement, previously announced on July 9, 2010. The first tranche, comprising 21,394,990 common shares, issued at $1.00 per common share, has been released to the investors. These shares are subject to a hold period expiring on November 20, 2010".

    l like the last line, "these shares are subject to a hold period expiring on nov 20 2010". They have to hold their shares till after the first drill is started. this to me sounds like we will see a drill happening this year in puntlands.

    the link: http://cnrp.marketwire.com/client/africa_oil/release.jsp?year=2010&actionFor=1293001&releaseSeq=0

    Also rmp starting to cash up with an old friend max capital
    this is looking better and better
 
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