Range International (ASX:RAN) established a loan facility amounting to AU$575,000 provided by the company's management, directors, and their associated entities, according to a Friday filing with the Australian bourse.
The two-year unsecured facility has an interest rate of 14% per annum on any drawdowns and will be used to support the reinstatement of the zero-waste plastic pallet firm to the official list of the Australian Securities Exchange, the filing said.
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