RNG Share Allotment

Wednesday, 17 February 2010 13:14

RNG_Share_Allotment_17_February_2010.pdf

Further to our announcement dated 11 February, Range River Gold Ltd (RNG) wishes to advise the allotment today of 107,142,859 shares.

These shares were allotted pursuant to a placement at @ 2.8 cents per share to s708 investors, raising $3million.

As previously announced the total funds raised will be used to augment working capital for the Mt Morgans Mine and to advance exploration on extensions of existing deposits and near mine targets at Mt Morgans.

The placement was made in accordance with ASX listing rule 7.1 and does not require shareholder approval at a general meeting of the Company.