JSE LIMITED - General - Increased takeover offer and freeing takeover offer of all defeating conditions

General - Increased takeover offer and freeing takeover offer of all defeating conditions

Range River Gold  

ABN 64 065 480 453

RANGE RIVER GOLD LIMITED (RNG)
ASX RELEASE

27 March 2013

The Manager
Companies Announcements Office
Australian Securities Exchange
Electronic Lodgement

INCREASED TAKEOVER OFFER AND FREEING TAKEOVER OFFER OF ALL DEFEATING
CONDITIONS


Range River Gold Limited (RNG) is pleased to announce that it has today:

   -   substantially increased the consideration offered under its takeover bid for
       Firestone Energy Limited (FSE) (Takeover Offer); and

   -   freed the Takeover Offer from all defeating conditions.

Increased Offer Terms

RNG has substantially increased the Takeover Offer to 1.25 fully paid ordinary shares
in the capital of RNG (RNG Shares) for every 2 fully paid ordinary shares in the
capital of FSE (FSE Shares) (Increased Offer).

Upon completion of the consolidation of all securities of RNG on a 1 for 10 basis (as
approved by RNG shareholders in general meeting today) (Consolidation), the
Increased Offer will amount to 1.25 RNG Shares for every 20 FSE Shares held by
shareholders of FSE.

Takeover Offer freed from all conditions
RNG has freed the Takeover Offer from all defeating conditions.

In addition, RNG has agreed to accelerate the issue of RNG Shares as
consideration to accepting FSE shareholders so that they will receive the RNG
Shares within 3 business days after a bid acceptance is received by RNG.

Results of General Meeting held on 27 March 2013
We advise that all resolutions contained in the Notice of General Meeting were
approved at the meeting of shareholders today.

Other Information
Enclosed with this announcement are the following documents:

   -   RNG’s Second Supplementary Bidder’s Statement dated 27 March 2013 in
       accordance with section 647(3) of the Corporations Act;

   -   a copy of a notice dated 27 March 2013 in accordance with section 650F of
       the Corporations Act declaring the Takeover Offer free of all defeating
       conditions; and

   -   a copy of a notice of variation under section 650D of the Corporations Act to
       effect the Increased Offer.

For further information please contact:

Mr Brian McMaster, Director
Range River Gold Limited
Tel +61 8 9200 4243
Email: info@rangerivergold.com.au

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