• ANH confirms that Range (and the Consortium) has no liability...

• ANH confirms that Range (and the Consortium) has no liability for any payments or debts;
• All proposed penalties have been lifted;
• The Consortium agrees to waive all potential claims against ANH; and
• The Consortium agrees to the termination of the 3 exploration licences (PUT-5, VMM-7 and VSM-
1).
The agreement between the Consortium and ANH is subject to court approval in Colombia which is
anticipated to be received within the next 3-6 months.
Range acknowledges the constructive approach taken by all parties during negotiations and is pleased
to have reached a mutually acceptable outcome with ANH. Range has no material assets in Colombia
and is now commencing the process of closing its Colombian branch office which is anticipated to be
completed during 2018.