opes prime update

ABN 88 002 522 009
34 Parliament Place
West Perth WA 6005
p +61 8 9488 5200
f +61 3 9321 6699
[email protected]
www.ran
2 April 2008
Companies Announcement Office
Australian Securities Exchange Limited
20 Bond Street
SYDNEY NSW 2000
By E-Lodgement
OPES PRIME UPDATE
Following enquires from several shareholders, the Company wishes to confirm that none of the interests of Range directors in Range shares are held under margin lending facilities operated by the collapsed Australian margin lending and stock broking group, Opes Prime.
Furthermore, Range is aware that like many other junior resource companies, some of its shares (held by non-director related interests) may be held under margin lending facilities operated by Opes Prime and subject to whatever sale arrangements are decided to be pursued by the receivers/administrators of the Opes Prime companies. However, based on current information obtained by the Company, Range believes that only a relatively small number of its shares are held through such facilities, being less than 1% of its issued shares.
For and on behalf of the Board.
Peter Landau
Executive Director
geresources.com.au