What is amusing is that the 5 June is the exact day a court hearing is to be held with LIND.
10th. is six months.
Sibo will provide £5.2 million (approximately US$7.9 million) in cash;
Note that this suspension has always been voluntary. During that time. The rig were sold to a related party. Texas and default with RMP
Range endeavours to seek the resumption of trading of its shares at the earliest opportunity. After consultation with its nominated adviser, the Company’s securities will remain suspended on AIM until Range has received the proceeds from Tranche 1 of the investment from Sibo or other suitable alternative financing is obtained sufficient to enable the Company to repay the outstanding debt facility with Lind and Range has released an announcement which clarifies the Company’s financial position. As announced on 18 February 2015, Range has received a statutory demand from Lind demanding repayment of approximately US$7.2 million that Lind alleges is due and payable
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RNA on signed SUBO terms, subject to govt, page-3
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