ABN 88 002 522 099 34 Parliament Place West Perth WA 6005 p +61 8 9488 5200 f +61 3 9321 6699 [email protected] www.rangeresources.com.au 16 November 2006 Companies Announcement Office Australian Stock Exchange Limited 20 Bond Street SYDNEY NSW 2000 By E-Lodgement FARM IN UPDATE The Board of Range Resources Limited (ASX: RRS) is pleased to advise that negotiations with Canmex Minerals Corporation (“Canmex”) are progressing positively following the recent signing of the previously announced MOU in relation to a proposed US$50m farm in to acquire an 80% interest in the Nogal Basin and Darin Basin Blocks. Range and Canmex executives recently met in Australia with both companies now moving to finalise both the formal production sharing agreement with the Puntland Government and the joint venture agreement between Range and Canmex. Range has also had an independent research report completed on the Company and its activities which is available on the Company’s website, www.rangeresources.com.au. Yours Faithfully MICHEAL POVEY Managing Director For further information please contact Joanna Kiernan +61 8 9488 5200 [email protected]
RRS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held