Range Resources (ASX:RRS, LON:RRL) has agreed with Core Capital...

Range Resources (ASX:RRS, LON:RRL) has agreed with Core Capital to extend the completion date of the US$60mln financing to May 14.

Earlier this month, the firm said the close should have happened by April 30 but the delay is due to Core not yet having received all necessary approvals.

Range said in the brief statement it was "disappointed" that the completion has not occurred, but has agreed with Core Capital to extend the completion date. 

"Range continues to closely monitor the progress with Core Capital and will provide a further market update in due course," it said.

Trading in Range Resources shares, on the AIM and ASX exchanges, will resume once the financing has closed and the money has been received.