Ouch they owe money to Macquarie and now this.....
Pursuant to Listing Rule 17.1, Range River Gold Limited ACN 065 480 453 (RNG) requests a trading halt with respect to its ordinary shares listed on the ASX (ASX code: RNG) with immediate effect.
RNG is in discussions with various parties in relation to its ongoing funding requirements.
The trading halt is sought to assist RNG manage its disclosure obligations in relation to these ongoing discussions and to maintain an orderly market in the trading of its shares. RNG requests that the trading halt continue until the earlier of: (a) an announcement being made by RNG to the ASX regarding the outcome of its discussions in relation to ongoing funding requirements; or (b) the commencement of trade on Wednesday, 23 March 2011 RNG is not aware of any reason why the trading halt should not be granted. Yours sincerely
RNG Price at posting:
48.0¢ Sentiment: Hold Disclosure: Held
