NEWS ANNOUNCEMENT
RECORD POINT

Record Point is an independent corporate advisory firm specialising in domestic and international advisory services for public and private companies.

RECORD POINT ADVISES RANGE INTERNATIONAL ON SUCCESSFUL FOLLOW ON EQUITY PLACEMENT AND SPP
2017

In August 2017 Range International Limited (ASX:RAN, “Range”) conducted a follow on equity placement to new and existing institutional and sophisticated investors accompanied by a share purchase plan (“SPP”), raising over $15m.

Range (trading as Re>Pal) is an Australian company with its main factory in East Java, Indonesia providing environmentally responsible pallets for a wide range of applications across business supply chains throughout the South East Asian export-hub and Australian region.

Following its IPO, Range had developed a production facility in Surabaya (Indonesia) and was in need of further growth capital to support the ongoing development of its unique production process.

Record Point acts as exclusive financial advisor, arranger and settlement agent for Range International.