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EnviroGold Global Limited

EnviroGold Global Limited (NVRO)

0.07
0.00
(0.00%)
Closed October 10 3:00PM

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Key stats and details

Current Price
0.07
Bid
0.065
Ask
0.07
Volume
-
0.00 Day's Range 0.00
0.03 52 Week Range 0.19
Previous Close
0.07
Open
-
Last Trade
Last Trade Time
-
Average Volume (3m)
84,189
Financial Volume
-
VWAP
-

NVRO Latest News

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PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.005-6.666666666670.0750.080.07318600.07041745CS
40.02555.55555555560.0450.080.045357060.06359434CS
120.03750.040.080.03841890.04671267CS
260.0116.66666666670.060.080.031624740.04194828CS
52-0.115-62.16216216220.1850.190.031550010.06342635CS
156-0.27-79.41176470590.340.60.03848620.13611075CS
260-0.14-66.66666666670.210.60.03841760.14879388CS

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NVRO Discussion

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farml1234 farml1234 4 months ago
From today filings , WOW
Re::The Company is in the process of commercializing its NVRO Clean Leach Process and intends to offer its customers bespoke solutions designed in a customised manner to address the critical elements of each Customer’s mine waste and tailings reprocessing and remediation proposal. To facilitate rapid evolution from pilot testing through to full scale commercial production, where appropriate EnviroGold Global will introduce customers to a portfolio of Preferred Partners able to deliver financing, EPC and/or offtake services

Man this is big people

jmho

My guess we will back to new highs soon

jmho

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farml1234 farml1234 6 months ago
Replay of presentation and it is good !

NVRO Webinar April 9 2024
38 Views Premiered Apr 10, 2024
EnviroGold Global CEO David Cam and CTO Brock Hill provide company updates for the first quarter of 2024.
NVRO Webinar April 9 2024 (youtube.com)

jmho
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farml1234 farml1234 6 months ago
Great news out today for ESGLF / NVRO.C
Re::EnviroGold Global to Build Demonstration Plant in Brisbane, Australia
C.NVRO | 7 hours ago
Centralized Demonstration Facility Will Process Tailings from Multiple Mining Sites
TORONTO, April 25, 2024 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold,” “NVRO,” or the “Company”), a technology company enabling the global mining industry to monetize valuable metals contained in mine waste and tailings, reduce environmental liabilities and improve social and environmental outcomes, is pleased to provide an update on the Company’s plans to demonstrate and commercialize its proprietary leaching technology (“NVRO Clean Leach Process”).
EnviroGold has selected a manufacturer to construct the processing unit that will be used to demonstrate the NVRO Clean Leach Process to several potential customers, including major global mining companies. In addition, EnviroGold has received an indicative quote for the construction and containerization of the unit, which is materially less than initially estimated. The Company expects these developments will allow it to commence commercial demonstrations of the NVRO Clean Leach Process during the fourth quarter of 2024.

The Company has received interest from several major mining companies asking that it locate the NVRO Clean Leach Process processing unit at their mine sites. To better streamline the testing process and serve multiple clients in quick succession, the Company has opted to construct and install the unit at a centralized industrial facility near Brisbane, Australia, managed by the EnviroGold technical team. There are several benefits of installing the processing plant at a centralized location, which include, allowing multiple mines to ship tailings for processing and testing, eliminating regulatory and environmental permitting issues associated with mine site development, and allowing the Company to decrease turnaround time between mining company demonstrations.

Under this arrangement, customer tailings will be transported to the NVRO demonstration facility, processed using the NVRO Clean Leach Process with the residues transported back to the mine for disposal. The tailings throughput and data collected throughout each project’s tailings processing operations will be sufficient to enable customers to proceed to scale up, front end engineering, and design and project economic assessments.

In addition to allowing multiple mine sites to test the NVRO Clean Leach Process, the demonstration plant will allow the Company to extrapolate its findings into the necessary data for the bankable feasibility study (“BFS”) required to fully commercialize the business. The Company believes that having this will dramatically reduce timelines for major mining companies to deploy the NVRO Clean Leach Process on a much larger commercial scale.

“This is a very exciting development that we expect will decrease the time and cost to begin showcasing the NVRO Clean Leach Process and allow the Company to demonstrate its technology to more customers in less time,” said the Company CEO, Mr. David Cam.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

About EnviroGold Global

EnviroGold Global is a technology company that uses proprietary technologies to enable mining companies worldwide to recover valuable metals from mine tailings and reduce the environmental liabilities of wastes and by-products from mining while maximizing return for its shareholders. The Company is dedicated to establishing ESG and circular economy leadership by enabling mining companies to profitably reprocess and remediate mine waste (tailings) and smelter by products to recover precious, critical, and strategic metals – including gold, silver, copper, zinc, and nickel. The Company has adopted a royalty model for its technology by licensing the NVRO process to customers.
Hint read the last few PR
Contact
jmho
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farml1234 farml1234 1 year ago
we got some volume again today


jmho
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farml1234 farml1234 1 year ago
WOW we had volume in Canada and also in USA !

News maybe SOOOOOOOOON

JMHO
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Roily23 Roily23 1 year ago
https://www.globenewswire.com/en/news-release/2023/06/29/2696881/0/en/EnviroGold-Announces-Positive-Pilot-Plant-Results-Confirming-Efficacy-of-Metals-Recovery-Technology.html
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farml1234 farml1234 1 year ago
EnviroGold Global Announces an MOU with Hindustan Zinc Limited
C.NVRO | 2 hours ago
TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold Global” or the “Company”), a Clean Technology Company accelerating the world’s transition to a circular-resource economy, is pleased to announce that it has signed a memorandum of understanding with Hindustan Zinc Limited (NSE: HINDZINC) (“HZL”), a US$15+ Billion listed company and India’s largest zinc and silver mining company and Runaya Green Tech Limited, a subsidiary of Runaya Refining LLP (“Runaya”) to evaluate the EnviroGold Global metal recovery process on the waste streams from various HZL operations.
HZL operates zinc, lead and silver mines and smelters across India and Runaya is engaged in the processing of mineral residue for recovery of various metals and chemicals. It is intended that Runaya will be a business partner of HZL for execution and operation of the feasible outcome of this project.

The initial testing, that will be completed at the EnviroGold Global Laboratory near Brisbane, Australia, will focus on the recovery of silver and zinc from the Jarosite and Jarofix wastes, which are generated from HZL’s smelting operations and stockpiled at its various sites. There are about 7 million tonnes of these wastes. In addition to these high-grade wastes, the HZL operations produce over 0.5 Mt of Jarosite annually (Guidelines for Handling and Management of Jarosite Generated from Zinc Manufacturing Plants, Ministry of Environment, Forests & Climate Change, Government of India). EnviroGold Global expects that a modification to the current process that is being tested in the ALS laboratory in Perth Australia will be amenable to the recovery of these metals.

EnviroGold Global has already received the Jarosite and Jarofix wastes materials for the initial testing at its laboratory. It is expected the initial testing will take 2-3 months to complete.

jmho
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farml1234 farml1234 1 year ago
my guess we just got backers for our projects !


jmho
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farml1234 farml1234 1 year ago
Hey we getting some volume today and good bids posted


jmho
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farml1234 farml1234 2 years ago
We starting to get volume in Canada and also the USA

Come on girl come to pa pa $$$$$$$$$$$$$$$
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Renee Renee 3 years ago
Effective March 31,2022 RGOZF will change to ESGLF.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
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farml1234 farml1234 3 years ago
Equity Research Firm Initiates Coverage on EnviroGold Global, Issues Price Target & Rating
C.NVRO | 12 hours ago
TORONTO, Jan. 28, 2022 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: RGOZF | FSE: YGK) (“EnviroGold Global” or the “Company“), a Clean Technology Company accelerating the world’s transition to a circular-resource economy through the production of Metals Without Mining, is now covered by Red Cloud Securities Inc (“Red Cloud”). Red Cloud Mining Analyst Koby Kushner, P.Eng, initiated coverage of EnviroGold Global on January 27, 2022 with a “Buy (S)” rating and a target price of C$ 0.70/share.
The initiating report, titled “One Mine’s Trash is EnviroGold’s Treasure”, is available via Red Cloud Securities at the following link: https://bit.ly/RedCloudReportLink

Red Cloud is a registered Investment Dealer in all Canadian Provinces and Territories and is a member of the Investment Industry Organization of Canada (IIROC). Red Cloud’s Research Division offers extensive junior mining coverage with research on 90+ companies across all key metal sectors.

Any opinions, estimates or forecasts regarding the performance of EnviroGold Global and its management made by Red Cloud are theirs alone and do not represent the opinions, estimates or forecasts of EnviroGold Global or its management. EnviroGold Global does not by this announcement or otherwise, imply that the Company endorses, analyzes or approves of such information, conclusions, or recommendations.

Analyst: Koby Kushner, P.Eng | Mining Analyst

Firm Contact: research@redcloudsecurities.com

Firm Website: https://redcloudfs.com/research-home/

About EnviroGold Global

EnviroGold Global (CSE: NVRO) (OTCQB: RGOZF) (FSE: YGK), is a Clean Technology company dedicated to creating shareholder value while establishing ESG & circular economy leadership by profitably reprocessing & remediating mine waste (tailings) to recover precious, critical & strategic metals – including gold, silver, copper & nickel. Led by CEO Dr. Mark Thorpe, the Company is strategically positioned to earn and maintain social license while capitalizing the estimated US$ 3.4 trillion of in situ metal value in global tailings. Dr. Thorpe is also the Chairman of the Canadian Mining Innovation Council.

The Company’s commercial strategy involves identifying, qualifying and developing tailings reprocessing opportunities, generally targeting tailings sites with at least 6M metric tonnes of tailings and gross recoverable metal value of $124/tonne of tailings. The Company has reviewed over 300 global tailings sites to date and through further market segmentation has identified potential targets exceeding US$ 10 billion in gross recoverable metal value.

EnviroGold Global acquires the metal recovery rights to tailings sites by leveraging a profit share business model to create an attractive value proposition for site owners. The Company’s low-CAPEX business model is designed to generate high free-cash flow & high target IRR while eliminating the risks of traditional exploration and extraction. The Company expects to produce metals with a carbon footprint up to 96% lower than conventional metal producers while reducing the environmental footprint of legacy mining.

As of January 2022, the Company has 8 Major Projects in its global project pipeline including 1 major project under contract, 1 major project subject to an MOU, and 6 additional major projects at various stages of commercial negotiation and detailed technical/economic review.

The Company expects to commence commercial production of gold, silver & copper in 2022 and is targeting 7 major projects in commercial production by 2025.

Additional information can be found on the Company’s website (link) and publicly available corporate presentation (link)
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farml1234 farml1234 3 years ago
This report should open some eyes . jmho


The initiating report, titled “One Mine’s Trash is EnviroGold’s Treasure”, is available via Red Cloud Securities at the following link: https://bit.ly/RedCloudReportLink
.

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farml1234 farml1234 3 years ago

Common shares of EnviroGold have been approved for trading on the OTCQB Venture Market under the symbol RGOZF
The OTCQB listing will enhance the company’s visibility with U.S. shareholders and broaden its shareholder base
The company expects to acquire and develop 9 major projects by 2025 with 7 of the 9 projects expected to achieve commercial metal production by 2025
EnviroGold Global is a clean technology company
EnviroGold Global Limited (NVRO) opened trading at C$0.38 per share
Common shares of EnviroGold Global (NVRO) have been approved for trading on the OTCQB Venture Market under the symbol RGOZF.

To receive final approval for OTCQB trading, EnviroGold Global was required to meet the OTCQB’s qualifications including requirements.

Commenting on the OTCQB listing, EnviroGold Global CEO, Dr. Mark Thorpe, said,

“Our company has achieved numerous strategic milestones in 2021. The attainment of an OTCQB listing is another important, strategic milestone for EnviroGold Global as we advance towards establishing a circular-economy leadership position by producing metals without mining. We expect the OTCQB listing will contribute to enhancing our liquidity, increasing visibility with U.S. shareholders, strengthening & broadening our shareholder base and generally contributing to an increased level of market awareness that will accelerate the achievement of our strategic growth plan.”

EnviroGold Global is leveraging its rapid analysis capabilities, innovative business model, and its scalable approach to project development to achieve accelerated strategic growth in the production of metal without mining.

The company expects to acquire and develop 9 major projects by 2025 with 7 of the 9 projects expected to achieve commercial metal production by 2025. EnviroGold Global has two projects under contract, three additional projects subject to commercial negotiation and is conducting advanced analysis on a further four major projects.

EnviroGold Global is a clean technology company establishing ESG market leadership by remediating mine and industrial waste while reclaiming high-value commodities.

EnviroGold Global Limited (NVRO) opened trading at C$0.38 per sha
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AskMuncher AskMuncher 3 years ago
$RGOZF EnviroGold Global Executes MOU to Reprocess Tailings with 634k oz Gold, 22.9M oz Silver and 419k tonnes Copper-Lead-Zinc with grades of 2.60 g/t Au, 94 g/t Ag, 2.33% Zn, 3.01% Pb and 0.19% Cu Contained in 6.37Mt of Measured & Indicated and 1.21Mt of Infer
Press Release | 11/29/2021
Toronto, Ontario--(Newsfile Corp. - November 29, 2021) - EnviroGold Global Limited (CSE: NVRO) (FSE: YGK) ("EnviroGold Global" or the "Company"), a Clean Technology Company accelerating the world's transition to a circular-resource economy through the production of metals without mining, is pleased to announce it has agreed to commercial terms with Hellyer Gold Mines Pty Ltd. ("Hellyer Gold Mines" or "HGM") to reprocess the tailings owned by HGM (the "Hellyer Tailings Reprocessing Project") at the Hellyer Gold Mine, Tasmania, Australia. The agreement contemplates a multi-stage Tailings Reprocessing Project wherein EnviroGold Global will add its mineral processing technology to the currently operational and permitted Hellyer Mine. EnviroGold Global and HGM expect that operational synergies resulting from the partnership in conjunction with EnviroGold Global's independently validated, proprietary metallurgical solution (link) for the Hellyer VMS tailings will drive significantly increased metal recovery rates for the gold (Au), silver (Ag), zinc (Zn), lead (Pb) and copper (Cu) contained in the Hellyer tailings.

As per the terms of the MOU, EnviroGold Global will initially focus on reprocessing tailings within the Hellyer Tailings Storage Facility ("Hellyer TSF") currently being operated by HGM. Subsequently, EnviroGold Global will reprocess additional tailings from legacy mining operations located on the Hellyer Mine Site. EnviroGold Global is entitled to 50% of the pre-tax cashflows resulting from the tailings reprocessing operations up to US$24M per year; thereafter, EnviroGold Global is entitled to 65% of the pre-tax cashflows. Consistent with EnviroGold Global's risk management strategy, the Company will not own any part of the Hellyer Mine Site or mining project but will be applying its proprietary mineral processing technology to various tailings deposits located on the Hellyer Mine Site. Commercial metal production is expected in Q4 2022 commencing with deployment of an up to ~500 tonnes per day (tpd) plant; thereafter, operations will be scaled up to ~3,500tpd during 2023.

Commenting on the Hellyer Tailings Reprocessing Project, EnviroGold Global CEO, Dr. Mark Thorpe, said, "The agreement with HGM is an important strategic milestone in the achievement of our corporate growth strategy and an outstanding opportunity to deliver positive environmental outcomes while creating substantial economic returns for the two companies, our shareholders and community stakeholders. We look forward to a long and productive relationship with the professionals at HGM as we establish circular-economy leadership by producing precious, critical and strategic metals without mining."

Per the terms of the MOU, EnviroGold Global and HGM will enter into a final, definitive agreement governing the terms of the Tailings Reprocessing Project. EnviroGold Global expects to provide additional information on the Hellyer Tailings Reprocessing Project, including project economics, in the near-term.

Hellyer TSF Project Summary

The Hellyer TSF tailings have been extensively studied by EnviroGold Global and HGM. A historical mineral resource estimate ("historical estimate") was completed in November 2020 in accordance with the JORC Code (2012) for the Hellyer TSF tailings for NQ Minerals Plc ("NQM"), the parent company of HGM. This historical estimate was completed by independent mining consultants CSA Global (UK) Limited and reported in a JORC Competent Persons Report (NQM, 2020), which can be sourced from NQM's corporate website (see link below). The Hellyer TSF historical estimate reported 6.37 Mt of Measured and Indicated Mineral Resources and 1.21 Mt of Inferred Mineral Resources with gross metal grades of 2.60 g/t Au, 94 g/t Ag, 2.33% Zn, 3.01% Pb and 0.19% Cu (Table 1).

Table 1: Hellyer TSF Historical JORC Mineral Resource Estimate - metal tonnes and ounces (gross total only) all attributable to NQM (depleted to August 31, 2020)

JORC
Mineral Resource
Category Historical Mineral Resource Estimate - Hellyer TSF (NQM, 2020)
Tonnes Zn (t) Pb (t) Ag (oz) Au (oz) Cu (t)
Measured 1,550,000 53,300 53,400 4,893,400 135,000 3,100
Indicated 4,820,000 111,300 143,000 14,634,500 398,600 8,600
Inferred 1,210,000 12,100 31,500 3,345,600 100,000 2,300
Total 7,570,000 176,700 228,000 22,873,600 633,600 14,000


Historical Estimate Notes:

The Hellyer TSF historical estimate was completed in accordance with the 2012 Australasian Joint Ore Reserves Committee Code ("JORC 2012 Code") and reported in a JORC Competent Persons Report for NQM dated November 11, 2020 for the "Hellyer Tailings Retreatment Project, Tasmania" (link to source: nqminerals.com)
No lower cut-off reporting grade was applied.
Metal tonnages and ounces rounded from calculated values. Gross metal grades include 2.60 g/t Au, 94 g/t Ag, 2.33% Zn, 3.01% Pb and 0.19% Cu.
This historical estimate is considered relevant as it appears to demonstrate the potential tonnages and grades and reasonable prospects for eventual economic extraction for the Hellyer TSF tailings. However, EnviroGold Global cautions readers that this historical estimate was not completed using 2014 CIM Definition Standards on Mineral Resources and Reserves and is not supported by a technical report completed in accordance with National Instrument 43-101 ("NI 43-101"). In addition, under the JORC (2012) Code standards, Measured, Indicated, and Inferred mineral resource tonnages can be combined, which is not permitted under NI 43-101. A Qualified Person ("QP") has not done sufficient work to classify this historical estimate as current mineral resources and EnviroGold Global is not treating this historical estimate as current mineral resources. A significant amount of work is required to verify the historical estimate as current resources including: (1) upgrading the geological model with any additional drilling data and mining depletions on the tailings since the historical estimate was completed, (2) a QP completing a full data verification of historical drill hole sampling procedures, analytical results, and metallurgical test results, and (3) additional bench-scale and field metallurgical test work to determine reprocessing and recovery characteristics using EnviroGold Global's proprietary tailings reprocessing technology. EnviroGold Global is not aware of any additional historical estimates for the Hellyer TSF tailings.

Qualified Person Statement

All scientific and technical information contained in this news release was prepared and approved by Ian Hodkinson, P.Geo., Chief Geologist of EnviroGold Global, who is a Qualified Person as defined in NI 43-101.

About EnviroGold Global

EnviroGold Global (CSE: NVRO) (FSE: YGK), is a Clean Technology company creating shareholder value while establishing ESG market leadership by remediating mine and industrial waste, while reclaiming high-value commodities. The Company is strategically positioned to earn and maintain social license while capitalizing the estimated US$3.4 trillion in valuable commodities residing in target waste streams globally.

Further Information

Dr. Mark B. Thorpe
Chief Executive Officer
Telephone: +1 416 777 6720
Email: mark.thorpe@envirogoldglobal.com

Juan Carlos Giron Jr.
Sr. Vice President
Telephone: +1 416 777 6720
Email: juan.giron@envirogoldglobal.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws, including, without limitation, earnings guidance, economic guidance, operational guidance and future capital spending amounts. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the expected terms of the Buchans Project and its completion, the Company's working relationship with the owner(s) of the Buchans tailings, the economic viability of the Buchans Project and statements regarding any residual precious metals as a by-product of the remediation, the Company's expansion of its reprocessing pipeline, and the Company's ability to accelerate the world's transition to a circular resource economy. Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company's ability to continue as a going concern; the continued commercial viability and growth in the clean technology and mining waste reprocessing industry; continued approval of the Company's activities by the relevant governmental and/or regulatory authorities; the continued development of clean technology and mining waste reprocessing technology; and the continued growth of the Company. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the Company's inability to accelerate the world's transition to a circular resource economy, the risks associated with assessing metallurgical recovery rates from mine tailings and waste and related volumetric assessments, the risks associated with the mining and mining waste recycling industry in general; increased competition in the clean technology and waste reprocessing market; the potential unviability of the clean technology and mining waste reprocessing market; incorrect assessment of the value and potential benefits of various transactions; risks associated with potential governmental and/or regulatory action with respect to clean technology and mining waste reprocessing; risks associated with a potential collapse in the value of clean technology and waste reprocessing; and risks relating to the Company's potential inability to expand its reprocessing pipeline.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105524
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farml1234 farml1234 3 years ago
Old Boss will get this stock moving up soon !

My guess he is not a CEO to just sit on his ass and do nothing
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farml1234 farml1234 3 years ago
RGOZF is now a Pink listed stock

I see two trades already today for RGOZF

Canada ticker NVRO.cn
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farml1234 farml1234 3 years ago
25 cents canadian

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Renee Renee 3 years ago
Shareholders will have the same amount of shares. The company only changed its name and does not appear to have merged or been acquired.
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farml1234 farml1234 3 years ago
so how many shares will we have

we just had a 200/1 RS and now what do we have left ??

Would be suprised if it was a little more than bread crumbs


jmho
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Renee Renee 3 years ago
Range Energy Resources Inc. changed to EnviroGold Global Ltd.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
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farml1234 farml1234 4 years ago
now we will have a chance to get our money back , hope it close Friday at least .01 canadian

TD was a big buyer today
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Renee Renee 4 years ago
RGOZF one for 200 reverse split.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
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farml1234 farml1234 4 years ago
News out 200/1 R/S

Range Energy Announces Share Consolidation
2 hours ago
VANCOUVER, British Columbia, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Range Energy Resources Inc. (the “Company”) (CSE: RGO) (FWB: YGK) announces that its Board of Directors has authorized the implementation of a consolidation (the “Consolidation”) of the Company’s common shares (“Shares”) on the basis of one (1) post-Consolidation Share for every two hundred (200) pre-Consolidation Shares, effective February 26, 2021 (the “Effective Date”).
The Company currently has 856,225,977 Shares issued and outstanding. Following the Consolidation, there will be approximately 4,281,129 Shares issued and outstanding. As provided for in the Business Corporations Act (British Columbia), no fractional Shares will be issued. Any fractions of a Share less than one half will be rounded down to the nearest whole number of Shares. Any fractions of at least one half will be rounded up to the nearest whole Share. The exercise or conversion price and the number of Shares issuable under any of the Company’s outstanding convertible securities will be proportionately adjusted upon Consolidation.

The Shares will start to be traded on the Canadian Securities Exchange (“CSE”) on a post-Consolidation basis, under the new CUSIP number 75282A207. The Company’s Shares are expected to begin trading on a post-Consolidation basis on the CSE when the markets open on February 25, 2021.

Shareholders of record as at the Effective Date will receive a letter of transmittal providing instructions for the exchange of their Shares as soon as practicable following the Effective Date. The Company will not be changing its name or ticker symbol in connection with the Consolidation.

Following the Consolidation, the Company intends to re-negotiate and settle its outstanding debt including convertible notes and other loans and payables.

For further information on Range Energy Resources Inc., please visit the Company's SEDAR profile at www.sedar.com.

On Behalf of the Board of Directors:

Allan Bezanson
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farml1234 farml1234 4 years ago
Allen Response VIA twitter.
Alright, it isn't much, but its something! I emailed allan on twitter early last week and was without a response until early yesterday morning. I wasn't to optimistic, as i don't have much patience clearly. I was a little worried as i have accumulated 500+k shares within the past week. He got back to me and apologized for the delay ( even though it was a short one ) and informed me that things are progressing and the volume isnt a fluke. They are still a ways away from inking a deal, didnt give me a time frame. Mentioned it was harder to keep the ball rolling initially with covid but as PHO' are lifting restrictions and things are slowely becoming back to normal things are moving along better. I'm excited, and going to be accumulating more. He also said he will call me later on this week... Take it for what its worth :) - gophy
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farml1234 farml1234 4 years ago
Link to Canada trading RGO / RGOZF

https://thecse.com/en/listings/oil-and-gas/range-energy-resources-inc
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farml1234 farml1234 5 years ago
Trades in Canada yesterday for RGO

People watch this stock something going on

https://www.stockwatch.com/Quote/Detail?C:RGO


RGO - C

ATS
2471.7 0.005 · 0.01 6370.0 0.01 +0.005 100.0 1,218.5 7 16 0.005 0.01 0.005 0.005 0.005 15:57:51 Nov 29 15 min RT 2¢
CSE - C 2471.7 0.005 · 0.01 6370.0 0.005 865.5 5 13 0.005 0.005 0.005 0.005 0.005 12:32:40 15 min
NEO ATS - U 0.005 328.0 2 2 0.005 0.005 0.005 12:32:20 15 min
Omega - O 0.01 +0.005 100.0 25.0 0 1 0.01 0.01 0.01 15:57:51 15 min

Trade times are ET. News times are ET. Bid/ask/vol sizes in thousands.
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farml1234 farml1234 5 years ago
Something going on , volume today on RGO.cn
The cheap .005 ask all all gone , now ask .01

Recent Trades

RGO / Last Updated: 14:38:40 ET Refresh Info

Last 5 Last 10 Last 25

Date/Time Price Change Volume Buyer Seller
Jan 16, 14:38 0.005 45,000 BMO Nesbitt Burns Inc. Anonymous
Jan 16, 14:21 0.005 95,000 CIBC World Markets Inc. TD Securities Inc.
Jan 16, 14:18 0.005 105,000 CIBC World Markets Inc. TD Securities Inc.
Jan 16, 12:56 0.005 10,000 CIBC World Markets Inc. Scotia Capital Inc.
Jan 16, 12:23 0.005 13,000 Anonymous TD Securities Inc.
Jan 16, 12:23 0.005 42,000 Anonymous Questrade Inc.
Jan 16, 12:23 0.005 9,000 Anonymous Anonymous
Jan 16, 12:23 0.005 8,000 Anonymous Anonymous
Jan 16, 12:23 0.005 18,000 Anonymous Anonymous
Jan 16, 12:23 0.005 42,000 Anonymous TD Securities Inc.
Jan 16, 12:23 0.005 110,000 Anonymous RBC Capital Markets
Jan 16, 12:23 0.005 150,000 Anonymous RBC Capital Markets
Jan 16, 12:23 0.005 74,000 Anonymous TD Securities Inc.
Jan 16, 12:23 0.005 206,000 Anonymous BMO Nesbitt Burns Inc.
Jan 16, 12:22 0.005 24,000 Anonymous BMO Nesbitt Burns Inc.
Jan 16, 12:22 0.005 26,000 Anonymous TD Securities Inc.
Jan 16, 12:22 0.005 850,000 Anonymous TD Securities Inc.
Jan 16, 12:22 0.005 10,000 CIBC World Markets Inc. TD Securities Inc.
Jan 16, 12:22 0.005 428,000 CIBC World Markets Inc. TD Securities Inc.
Jan 16, 12:22 0.005 410,000 CIBC World Markets Inc. TD Securities Inc.
Jan 16, 12:22 0.005 200,000 CIBC World Markets Inc. TD Securities Inc.
Jan 16, 12:22 0.005 45,000 CIBC World Markets Inc. Desjardins Securities Inc.
Jan 16, 12:22 0.005 40,000 CIBC World Markets Inc. Credential Qtrade Securities Inc.
Jan 16, 12:22 0.005 40,000 CIBC World Markets Inc. BMO Nesbitt Burns Inc.
Jan 16, 12:22 0.005 27,000 CIBC World Markets Inc. BMO Nesbitt Burns Inc.
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farml1234 farml1234 5 years ago
News out


Rgo news


August 1, 2019 NEWS RELEASE RANGE ENERGY PROVIDES CORPORATE UPDATE Vancouver, BC, Canada Range Energy Resources Inc. (the Company) (CSE: RGO) (FWB: YGK) announces that Allan Bezanson, a Director of the Company, and Gulf LNG America, LLC (Gulf), a former shareholder of the Company, have each filed an early warning press release in connection with Mr. Bezansons acquisition of 609,351,075 common shares of the Company (the Common Shares), representing approximately 71% of the Companys currently issued and outstanding Common Shares. The Common Shares were acquired pursuant to private acquisition transactions with Gulf and DTN Investments LLC. The Common Shares were acquired by 2706791 Ontario Inc., a company controlled by Allan Bezanson. 2706791 Ontario Inc. also acquired from Gulf certain outstanding loans (the Range Loans) in the aggregate principal amount of $15,982,472 that Gulf had previously made to the Company. The Range Loans, including accrued interest thereon, are convertible into 974,859,850 Common Shares, being approximately 53% of all of the Common Shares of the Company on an as-converted basis, as more particularly described in the financial statements of the Company. Shareholder Loan The Company also announces that it has borrowed $50,000 from 2706791 Ontario Inc. The principal sum of $50,000 was borrowed with interest at the rate of six percent (6%) per annum calculated monthly on the principal amount from time to time remaining unpaid. Interest accrues from the date hereof and is payable on maturity, in two years time. The proceeds of the loan are expected to be used by the Company for the daily operation and paying the current liabilities. Director & Officer Resignations and Appointments Further, the Company is pleased to announce the appointment of Allan Bezanson as CEO of the Company in place of Toufic Chahine, who has resigned as Director and CEO, as well as the appointment of Peter McRae and Rick Pawluk as Directors of the Company in place of Eric Stoerr and Michelle Upton who have resigned as Directors. The resignations of the aforementioned Gulf nominees coincided with Gulfs exiting from its investment in the Company. Peter McRae, Director Mr. McRae is a Chartered Professional Accountant and a graduate of the Directors Education Program of the Institute of Corporate Directors with an ICD.D designation. He is currently the Chairman, and between 1994 and 2015 was the President and CEO, of Freedom International Brokerage Company, Canadas largest inter-dealer broker. Mr. McRaes earlier career involved four years in Abu Dhabi as a financial administrator for an engineering firm before joining the investment dealer Wood Gundy, first in the Treasurers office in Toronto, and subsequently as a bond trader in New York. Mr. McRae was the Chair of both Ryan Gold Corp. and Corona Gold Corporation until their acquisition by Oban Mining Corporation in August 2015. He is also a director and Chair of the audit committee of Focused Capital Corp. Rick Pawluk, Director Mr. Pawluk has acted for a number of oil and gas exploration and production companies in both the private and public sectors: BNK Petroleum Inc. (TSX:BKX), Sunshine Oilsands Ltd. (HKG:2012) and Bankers Petroleum Ltd. Mr. Pawluks duties included advising both domestic and international financing, and acquisition and divestiture transactions. Since 2003, Mr. Pawluk has been a Partner at McCarthy Ttrault LLP. Mr. Pawluk holds an LLB degree from the University of Manitoba and is a member of the Law Society of Alberta, the Canadian Bar Association and the Institute of Corporate Directors. Option and Warrant Cancellation Agreements Each of Michelle Upton, David Schumacher and Toufic Chahine, were Gulf nominees and each agreed that their 2,000,000 options to acquire an equivalent number of common shares in the capital of the Company (the "Options") would be cancelled by the Company in connection with their respective resignations. The Company cancelled the Options, including any vested or unvested portion thereof, pursuant to the terms of option cancellation agreements. Gulf previously owned 477,651,075 warrants (the Warrants) to acquire common shares in the capital of the Company but in connection with its sale of the Companys shares, it also agreed to the cancellation of such Warrants. The Company cancelled the Warrants pursuant to the terms of a warrant cancellation agreement. For further information on Range Energy Resources Inc., please visit the Companys web site at www.rangeenergyresources.com. On Behalf of the Board of Directors: Allan Bezanson Director Tel: 604-688-9600 Fax: 604-687-3141 Email: range@rangeenergyresources.com

Read more at https://stockhouse.com/companies/bullboard?symbol=c.rgo&postid=29987239#wHtbBPCP8yWUBy7F.99
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SingleFile SingleFile 6 years ago

Dr Mamdouh G Salameh /International Oil Economist

Mamdouh G Salameh on January 12 2018 said: The recent surge in oil prices since early December 2017 has put a price floor of $60 a barrel under the oil price. 2018 will see a price floor of $70/barrel. While many analysts attribute the oil price surge to geopolitical developments, the truth is that oil market fundamentals are positive enough to support an oil price ranging from $70-$80/barrel on their own. That is why the oil price is heading towards $70 and beyond in 2018 and $100 or higher by 2020. A fair price is $100-$130/barrel. Such a price enables oil producers to invest in oil exploration and capacity expansion so as to be able to meet rising global oil demand in coming years, enhances global investments and gives incentives to the global oil industry to invest in new projects. In so doing, they stimulate growth in the global economy. Dr Mamdouh G Salameh International Oil Economist Visiting Professor of Energy Economics at ESCP Europe Business School, London

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SingleFile SingleFile 6 years ago

Here's why I bought into RGO recently...and will continue to do so:

RGO co. quotes from the last update (direct from their website) 1/ 2018 Production Forecast: The production forecast for 2018 is 665,400 barrels of which 1,800 barrels per day is the forecasted average for the first half of 2018. 2/Breakeven field economics are estimated at 2,152 barrels per day, at an assumed Brent price of $50.00/barrel reducing to 1,761 barrels per day at an assumed Brent price of $60/barrel. (we're at $80 - do the math) 3/ (& "possibly" my favorite) The Company also announced that it does not plan to proceed with the cash call it received for the month of November and December to fund the current drilling program, and it does not plan to do so in the foreseeable future. Future capital calls will be dependent upon the Companys ability to raise additional capital and successful operations in the field. (Hopefully via increased oil prices /profits)

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farml1234 farml1234 6 years ago
would be nice if we had
a few numbers to the left of that ZERO
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jubbyjubber jubbyjubber 6 years ago
Yeah not to far to Zero
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farml1234 farml1234 6 years ago
RGO still have a long way to go

Guess just sit and see what happen
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jubbyjubber jubbyjubber 6 years ago
About time this moved up
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farml1234 farml1234 7 years ago
yes RGO and RGOZF are the same stock

Here is a post by bubo on stockhouse boards that is interesting that report by Wood-Mackenzie , we would like to know what is in it !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


bubo
3.5 stars
User Actions
January 03, 2018 - 08:29 AM 74 Reads
Post# 27268853
Rate this post
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v
Is this old news?

In this document "MENA upstream in brief" dated 11 December 2017
it says "Boost for Kurdistan as reserves upgraded at Khalakan".
Is this news? I can't afford to buy this report ($1,350.00).
(Shewashan 2P reserves 2017 vs 2015).

Anybody know?

Link: Wood-Mackenzie

GLTA / Bubo
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SingleFile SingleFile 7 years ago
Yes - managed to get in at a penny CDN ..I would gladly buy more at a higher rate if I could. It has an OTC Pink version as well (linked together I believe)- this should do well as oil prices quickly climb toward 70$ - Most of their recent report refers to 50/barrel so we are already in better shape for 2018.

Per the recent report we are now past the break even point (and climbing) - very good news

2018 Production Forecast:

"The production forecast for 2018 is 665,400 barrels of which 1,800 barrels per day is the forecasted average for the first half of 2018."


"Breakeven field economics are estimated at 2,152 barrels per day, at an assumed Brent price of $50.00/barrel reducing to 1,761 barrels per day at an assumed Brent price of $60/barrel."

We're approaching $65 now.


https://markets.qtrade.ca/news/story?t=iKXJizM-dSY,Qh0UWRB_F54u6RIv6Qh133fYJHsol5mS&Bend=&article=1e67490dfa14e5f3
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farml1234 farml1234 7 years ago
Man we getting volume up in Canada

RGO volume over 9,000,000 in first 75 minutes today
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farml1234 farml1234 7 years ago
Wonder why we did not get the regular 3 month update !!!
Could Crest be trying to take RGO private and also buy out the other holders in the Iraq block ????
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farml1234 farml1234 7 years ago
Range has been getting regular updates about every 3 months on the 15th JMHO
Have to wonder if Crest is getting ready for a buy out offer to the retail holders
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farml1234 farml1234 7 years ago
should be news this week
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jubbyjubber jubbyjubber 8 years ago
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jubbyjubber jubbyjubber 8 years ago
Range Energy Resources Inc.
February 08, 2017 16:22 ET

Range Energy Resources Inc.: Shewashan Operations Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 8, 2017) - Range Energy Resources Inc. ("Range" or the "Company") (CSE:RGO)(CSE:RGO.CN)(FRANKFURT:YGK) announced today that, Gas Plus Khalakan ("GPK"), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan field.
The GPK Shewashan operations update provides details regarding key events and activities that have occurred as well as activities that are anticipated to occur over the near term, including;
2016 & 2017 Oil Production: During 2016 the Shewashan field produced 877,000 barrels of oil which was sold into the Kurdistan domestic market. GPK estimates 2017 total Shewashan field production of up to 3,000,000 bbls.

Shewashan -3 Commences Production: The Shewashan -3 well reached TD1 of 2874m MDBRT2 in December 2016 and was placed into production in late January 2017 at a rate of 2,600 bbl/d with a 24/64" choke, very low drawdown and no produced water. However the well has now started to pull formation water and this is being investigated.

Shewashan -4 Drilling Progress: The fourth Shewashan production well, Shewashan -4, was spud in November with dual targets including the existing productive zones in the Cretaceous and the unexplored and deeper Jurassic formations. Shewashan -4 is expected to reach TD in late March 2017.

Oil Payments: In 2016 a total of $10.98m in oil sales payments were received by GPK for oil sold through September 2016. Oil sold from October 2016 through December 2016 was paid for in January 2017, amounting to $4.57m.

Reserve Report: GPK intends to engage DeGolyer and MacNaughton to update its June 2015 reserve audit during Q1 2017.
(1) Total depth
(2) Measured depth below rotary table
Readers are encouraged to read the full GPK Operations Update which can be found at the NewAge website. http://www.newafricanglobalenergy.com/Related_News.
Range Financial Update: Based on the GPK Operation Update Range will seek to raise capital to meet it's near term capital requirements of USD $2,600,000 and to refinance its existing short term loans of CDN $5,720,000. To meet the remaining capital requirements of the Phase 1 Field Development Plan Range expects additional capital requirements of between approximately USD $4,000,000 and $5,500,000 depending on the amount of proceeds received from oil sales, oil production rate, the price per barrel of oil sold, drilling and operational expenses, and cash on hand amongst others. Range anticipates that the Phase 1 Field Development Plan capex requirements will conclude Q2 2017.
Mr. Toufic Chahine, Chairman of Range, commented: "We are pleased with GPK's efforts to enhance the productivity of the Shewashan field and are delighted with the Shewashan -3 production rates. With three wells successfully drilled it is still early in the fields development cycle and as we learn more about the underlying reservoir geology, we look forward to additional news from the Shewashan -4 drilling results."
The Company is a 24.95% indirect shareholder of GPK through its ownership of 49.9% of the shares of New Age Alzarooni 2 Limited ("NAAZ2"). NAAZ2 owns 50% of the shares of GPK.
Production rates and quantities, reserves and resources, both projected and historical are provided in this release according to disclosures provided by GPK. Range expects GPK to utilize reporting procedures that are in compliance with the COGE Handbook standards and NI 51-101 (National Instrument Standards of Disclosure for Oil and Gas Activities).
For further information on Range Energy Resources Inc., please visit the Company's web site at www.rangeenergyresources.com.
On Behalf of the Board of Directors:
Toufic Chahine, Chairman
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jubbyjubber jubbyjubber 8 years ago
NEWS!!!!

Range Energy Resources Inc.: Shewashan Operations Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 10, 2016) - Range Energy Resources Inc. ("Range" or the "Company") (CSE:RGO)(FRANKFURT:YGK) announces that, on November 10, 2016, Gas Plus Khalakan ("GPK"), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan field.
The GPK operations update outlines the continued operating and development events occurring on the Shewashan field including the spud of a new well, Shewashan-4. Key events include;
Shewashan-4 Spud: The 4th Shewashan production well has been spud with dual targets including the existing productive zones in the Cretaceous and the unexplored and deeper Jurassic formation.

Shewashan-3 Drilling Continues: The deviated well is drilling in the targeted Cretaceous reservoir with completion and production expected to occur before the end of the year.

Oil Production and Sales Continue: Oil sales from the Shewashan-2 well have averaged 3,600 bopd in 2016 with deliveries to the KRG's Bazian refinery. Proceeds from oil sales have been received through the end of June.

Seismic Reprocessing: GPK continues to reprocess and remap existing seismic data which is indicating further oil potential in the reservoir attic.

Revised Reserve Audit: Reserve auditor DeGolyer & MacNaughton will revise the existing 2015 reserve report and is expecting the report to be published prior to year-end.

Range shareholders may review details of the GPK Operations Update here:
http://www.newafricanglobalenergy.com/Related_News
Toufic Chahine, Chairman of Range provided the following comment:
"Shewashan's development continues to progress at a rapid rate and we are excited to be actively drilling with two rigs on the block and targeting additional productive capacity in the Jurassic reservoir. In the near term we look forward the results of the Shewashan-3 well and the revised reserve audit published by DeGolyer & MacNaughton."
The Company is a 24.95% indirect shareholder of GPK through its ownership of 49.9% of the shares of New Age Alzarooni 2 Limited ("NAAZ2"). NAAZ2 owns 50% of the shares of GPK.
For further information on Range Energy Resources Inc., please visit the Company's web site at www.rangeenergyresources.com.
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jonno1 jonno1 10 years ago
Hugely important announcement for Kurdistan, been waiting over 5 years for this to happen

http://www.ft.com/fastft/244561/oil-shares-rise-on-iraqi-kurdistan-export-deal
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jonno1 jonno1 10 years ago
November 7, 2014 NEWS RELEASE NON-BROKERED PRIVATE PLACEMENT FINANCING Vancouver, BC, Canada – Range Energy Resources Inc. (the “Company”) (CSE: RGO) (FWB: YGK) is pleased to announce a non-brokered private placement of up to 30,000,000 units of the Company at a price of CDN$0.05 per Unit for gross proceeds of up to CDN$1,500,000 (the “Offering”). Each Unit will consist of one (1) common share (the “Common Share”) and one (1) transferrable share purchase warrant. Each warrant will entitle the holder thereof to purchase one (1) additional Common Share for a period of five (5) years from the Closing Date of the Offering at a price of CDN$0.05 per Common Share. The closing of the Offering is subject to receipt of all necessary regulatory and Board approvals. The securities issued pursuant to the Offering will be subject to a four month hold period in accordance with applicable Canadian securities laws. The Company anticipates that there will likely be insider participation in the Offering. The capital from the Offering will be used by the Company to continue to fulfill its obligations to joint venture participants so that the development of the Khalakan Block in the Kurdistan Region of Iraq can continue as well as provide general working capital. For further information on Range Energy Resources Inc., please visit the Company’s web site
Read more at http://www.stockhouse.com/companies/bullboard/c.rgo/range-energy-resources-inc#EUZjRZMelOzqGD2O.99
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jonno1 jonno1 10 years ago
Volume over 1 Million in Canada
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jonno1 jonno1 10 years ago
and here is the News from Range

Range Energy Resources Inc.

CNSX : RGO
FRANKFURT : YGK


Range Energy Resources Inc.
October 17, 2014 14:25 ET

Declaration of Commerciality on Khalakan Block




VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 17, 2014) - Range Energy Resources Inc. (the "Company") (CSE:RGO)(FRANKFURT:YGK) announces that, on October 16, 2014, Gas Plus Khalakan ("GPK"), the sole contractor of the Khalakan Block in the Kurdistan Region of Iraq, announced by press release that it has declared the Shewashan light oil discovery commercial under the terms of the Khalakan Production Sharing Contract (the "PSC") and is preparing a Field Development Plan for submission to the Ministry of Natural Resources ("MNR") of the Kurdistan Regional Government. The full press release is below.

The Company is a 24.95% indirect shareholder of GPK through its ownership of 49.9% of the shares of New Age Alzarooni 2 Limited ("NAAZ2"). NAAZ2 owns 50% of the shares of GPK.

Toufic Chahine, the Chairman of the Company's Board of Directors said: "We are pleased to hear the news although the Company still hopes for more cooperation with our joint venture partners so that we could work together to achieve the best possible result for all."

Range has no additional information on the extent of the discovery, including the number of barrels of oil that tests show can be produced from the Shewashan-1 well. Despite the favorable arbitration award that an arbitration panel issued last May that supports the Company's right to obtain material information as to its investments in the Khalakan Block, neither NAAZ2 nor Black Gold Khalakan Limited, the other shareholder in NAAZ2, have complied with the arbitration award and provided Range with material information regarding the operations on the Khalakan Block. The Company will continue to pursue its rights and remedies in an effort to obtain material information on Khalakan Block operations that it can report to its shareholders


Read more at http://www.stockhouse.com/companies/bullboard/c.rgo/range-energy-resources-inc#lMsxwjBxReHHbYxT.99
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jonno1 jonno1 10 years ago
NEWS !!!!!!!!!!!!!!!!!!!!!!at last

GPK Declares Commerciality for the Shewashan Light Oil Discovery in the Kurdistan Region of Iraq LONDON, England, Oct. 17, 2014 /CNW/ - GPK has declared the Shewashan light oil discovery commercial and is preparing the Field Development Plan (FDP) for submission to the MNR in accordance with the Khalakan PSC. Shewashan-1 produced light oil (45API) on test from reservoir zones in the Cretaceous Shiranish, Kometan and Qamchuga formations. The Shewashan-1 well will now be put on production to gather data ahead of the final FDP approval. Steve Lowden, Director of GPK, said: The Shewashan discovery establishes GPK as a production Operator in the KRG's expanding oil and gas industry and has demonstrated the potential for significant quantities of light oil to complement the country's growing reserves base. Dr Ashti Hawrami, KRG Minister for Natural Resources, said: We are pleased with this new light oil discovery which will contribute to our stated target of 1 million barrels of oil per day by the end of 2015 / early in 2016. Further Information Additional Information on the Khalakan PSC Shewashan was the second exploration prospect drilled by GPK on the Khalakan Block situated between the TaqTaq and Miran fields. The field is now delineated with a 122 km2 Production Area. SOURCE GAS PLUS KHALAKAN LIMITED
Read more at http://www.stockhouse.com/companies/bullboard/c.rgo/range-energy-resources-inc#j6odRXrZzyIyC4AR.99
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jonno1 jonno1 10 years ago
With all the ISIS shit going on for the last few months none of the Kurdistan plays have done well obviously, but this announcement is encouraging although the Company still cannot give any news of what is happening from a drilling perspective

October 8, 2014 NEWS RELEASE NON-BROKERED PRIVATE PLACEMENT FINANCING Vancouver, BC, Canada – Range Energy Resources Inc. (the “Company”) (CSE: RGO) (FWB: YGK) is pleased to announce a non-brokered private placement of up to 20,000,000 units of the Company at a price of CDN$0.05 per Unit for gross proceeds of up to CDN$1,000,000 (the “Offering”). Each Unit will consist of one (1) common share (the “Common Share”) and one (1) transferrable share purchase warrant. Each warrant will entitle the holder thereof to purchase one (1) additional Common Share for a period of five (5) years from the Closing Date of the Offering at a price of CDN$0.05 per Common Share. The closing of the Offering is subject to receipt of all necessary regulatory and Board approvals. The securities issued pursuant to the Offering will be subject to a four month hold period in accordance with applicable Canadian securities laws. The Company anticipates that there will likely be insider participation in the Offering. The capital from the Offering will be used by the Company to continue to fulfill its obligations to joint venture participants so that the development of the Khalakan Block in the Kurdistan Region of Iraq can continue as well as provide general working capital.
Read more at http://www.stockhouse.com/companies/bullboard/c.rgo/range-energy-resources-inc#btJZqiJyyfg9My4z.99
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