RRS range resources limited

Is PL a director of Lind???- "Lind Financing Update Further to...

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    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.
 
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