RRS range resources limited

whats happening in pom rock?, page-2

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    read the announcement:

    STRATEGIC PLACEMENT

    The Company is also pleased to announce a strategic institutional placement of
    150m shares at £0.125 each to raise £18.75m. Importantly 100m of the shares
    have been placed to a major US and European fund management group, with
    considerable expertise in the oil and gas sector. Admission of the shares on
    AIM is expected to be Tuesday, 27 March 2012 with Range's shares on issue then
    being 2,271,766,648.
 
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Currently unlisted public company.

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