You will find all the details in "RESOLUTION 4-5"This loan was...

You will find all the details in "RESOLUTION 4-5"

This loan was drawn down on the 11 July 2013 also carried an issue 10,936,488 Shares and 5,000,000 Options as a loan facility fee. A total of 90,084,270 Shares were issued

I'll now give you the dates of shares issued and you can cross check these dates on a chart. Pay attention to what happens on the chart a week or so before issued and the run on and after issue.

facility fees (dates shown as Opinion dates. Issue dates are shown differently on Nov 9 3B)
11 July
25 July
29 July

Loan
31 August
30 September
31 October

On 5 August 2013, the Company issued 53,125,000 Shares at an issue price of £0.024
per Share to raise £1,275,000.
the issue price was £0.024 per Share.

The Shares were issued to clients of Old Park Lane Capital (RRS joint broker). Old Park lane put out a 10.5p recommendation shortly after this.

Check the volume in the after the 5th and the pump and dump on the 8-9th. The Old Park lane clients and other lender looked to have dumped the lot.

And what was put out on the 9th??

Texas sale
"As previously disclosed, the purchaser will pay US$25M at closing plus a further $US5M in royalty payments from future production. Under the agreements, the Company will receive the consideration at the settlement date, being on or before 30 August 2013. A US$1M non-refundable deposit has been
included in recognition of the previous delays in completing the transaction.

Peter Landau, Executive Director, commented:

“The completion of the sale of the Texan asset is a significant milestone and will significantly strengthen Range’s balance sheet and allow the Company to redeploy proceeds into our highly prospective international assets"

Loan issuess nicely tacked on to the end of this notice saying they were about to get $25m in 25 days. (which has not happened to date)

85,803,349 Ordinary Shares issued on or about 05 August 2013
55,029,762 Ordinary Shares issued on or about 09 August 2013
20,241,168 Listed Options issued on or about 05 August 2013
5,000,000 Listed Options issued on or about 09 August 2013
2,380,951 Unlisted Options on or about 05 August 2013
952,380 Unlisted Options on or about 09 August 2013


Result of this notice?

Supply for distribution created!

The volume and price drop didn't go unnoticed by the ASX

ASX price inquiry Oct 10

We have noted a change in the price of the Entity’s securities from a close of $0.035 on Tuesday, 8 October 2013
to an intraday low of $0.026 today, Thursday 10 October 2013. We have also noted an increase in the volume of
trading in the Entity’s securities over this period.

Answer.

RRS is not aware of anything..... Really pete?