Is PL a director of Lind???-
"Lind Financing Update
Further to the Company announcement on 14 January 2015, regarding the
US$15 million loan facility provided by Lind Asset Management, LLC
(“Lind”), Range has received a statutory demand from Lind demanding
repayment of approximately US$7.2 million that Lind alleges is due and
payable.
The Company is seeking legal advice as to the validity of the statutory
demand. Range offered to buy-back the convertible security issued to Lind
from the proposed US$60 million funding package with Core Capital
Management Co., Ltd but Range and Lind were unable to agree on the
settlement proposal.
At present, a total of US$5.5 million under the Lind facility has been drawn
down. Under the facility the Company has issued 96,440,891 ordinary fully
paid shares to Lind (38,000,000 collateral shares issued on 17 October
2014 and 58,440,891 first repayment shares on 18 November 2014).
According to the Company records, at the date of this announcement Lind
holds approximately 34.6 million shares in the Company issued under the
facility.
The proposed Core Capital funding remains on track to complete on or
before 30 April 2015, subject to shareholder approval.
Is PL a director of Lind???- "Lind Financing Update Further to...
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