The wheels are in...

The wheels are in motion..

http://www.aspectfinancial.com.au/docserver/01276256.pdf?fileid=01276256&datedir=20120306&edt=MjAxMi0wMy0wNisxNzoyMTo0MCs0ODArMTA5MTcrYW5kcmV3d2VzdCtyZWRpcmVjdCtodHRwOi8vd3d3LmFzcGVjdGZpbmFuY2lhbC5jb20uYXUvaW1hZ2VzaWduYWwvZXJyb3JwYWdlcy9wZGZ0aW1lb3V0Lmh0bWwraHR0cDovL3d3dy5hc3BlY3RmaW5hbmNpYWwuY29tLmF1L2ltYWdlc2lnbmFsL2Vycm9ycGFnZXMvcGRmZGVsYXllZC5qc3A=

RANGE TO TRADE ON THE US OTCQX INTERNATIONAL
Range Resources Limited ("Range" or "the Company") would like to announce that it has upgraded
the trading of its American Depositary Receipts (“ADR’s”) from the OTC to the OTCQX International
trading platform. It is anticipated that the ADR’s will be available for trading from Tuesday 6 March
2012.
The ADR’s will initially be trading under the code RGRYD for the first circa 15 days of trading after
which it will revert back to the original code, RGRYY. Each ADR represents 40 ordinary shares listed
on the Australian Securities Exchange under the symbol “RRS” and on the AIM market of the London
Stock Exchange under the symbol “RRL”.
Range’s Executive Director, Mr. Peter Landau said “Gaining access to U.S. investors and being able to
share Range’s story and value proposition are very important to our future. We’re confident that
the combination of being quoted on OTCQX paired with the extensive expertise and support of
advisor and Principal American Liaison Dahlman Rose will provide the connection we are seeking
with the U.S. investment community.”
Managing Director and Co-Head of Dahlman Rose’s OTCQX Advisory Group Stephen Nash said, “With
its industry leading OTCQX PAL Advisory program, Dahlman Rose has the expertise and network to
raise Range’s profile among U.S. investors. Several high calibre international companies have
recently taken advantage of OTCQX’s cost-effective U.S. quotation enabling foreign equities to be
traded during U.S. market hours using U.S. Dollars and be held in U.S. brokerage accounts.”
As part of Dahlman Rose’ Principal American Liaison sponsorship, the firm will provide the PAL
compliance service for Range’s listing on the OTCQX International as well as a suite of additional
advisory roles. Dahlman Rose’ suite of services distinguishes its PAL sponsorship program by
providing the highest level of client service, integration and coordination among the firm’s
institutional sales, trading, research and investment banking departments.
The OTCQX is a highly visible trading platform that has attracted more than 195 companies since its
inception in early 2007. Built on a robust electronic quotation and trading platform, the OTCQX
International has emerged as the world’s premier cross-listing venue for international issuers that
wish to benefit from U.S. trading and investor demand without diluting their current shareholder
base. In just over three years, the OTCQX has grown to include more than $1 trillion in companies
traded on the market. Investors can find current financial disclosure and Real-Time Level 2 quotes
for the Company on otcmarkets.com.
About Dahlman Rose
Dahlman Rose & Co., LLC (MEMBER: FINRA/SIPC) is a research-driven investment bank focused on
energy, transportation, infrastructure, and other industries that compose the global supply chain.
The firm’s industry-leading analysts, bankers, and traders offer unique insight into the companies and markets that provide the building blocks of the global economy. Dahlman Rose provides
institutional sales and trading, equity research, mergers and acquisitions advisory, and underwriting
services. For more information regarding Dahlman Rose, please visit drco.com.
The Company will provide an operational update shortly with respect to:
- Initial production rates from the Smith #2 well on the North Chapman Ranch license
following successful fracture stimulation of the well;
- Trinidad operations; and
- Progress on the Shabeel-1 well in Puntland Somalia.
Yours faithfully
Peter Landau
Executive Director