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Range International Secures Loan to Boost ASX Return

Range International Secures Loan to Boost ASX Return

Range International Limited (AU:RAN) has released an update.

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Range International Limited, known for its eco-friendly plastic pallets, has secured a A$575,000 loan facility from its directors and management to bolster its cash reserves. This move aims to facilitate the company’s return to the ASX’s Official List after a prolonged suspension. The loan, which carries a 14% annual interest, is part of Range’s broader financial strategy.

For further insights into AU:RAN stock, check out TipRanks’ Stock Analysis page.

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