Range Resources - Re: RRL Stream Log - RNS : from the top...

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07:56 17/10/2014

RNS : from the top . As previously announced, Range will use the proceeds primarily to invest in the Company's rig fleet and to accelerate development drilling of the Trinidad portfolio. The Company also advises that following movement in the Company's share price since 30 September 2014, Range and Lind have agreed to amend certain terms of the financing as follows: · As previously announced, Range has the right to repay the entire facility at any time. If all amounts outstanding are repaid in full within 6 months of closing a reduction to the required repayment amount of US$350,000 will apply.· imho this screams to me that 350k will be the total cost here

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