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Rangeford Resources, Inc. Announces New Chief Executive Officer


News provided by

Rangeford Resources, Inc.

May 17, 2016, 11:53 ET

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SOUTHLAKE, Texas, May 17, 2016 /PRNewswire/ -- Rangeford Resources, Inc. (OTCQB:RGFR).  Rangeford Resources, Inc. (the "Company" or "Rangeford") announced the appointment of Thomas E. Lindholm as Chief Executive Officer.  Mr. Lindholm brings more than thirty-three years of experience as a senior corporate executive, as well as a seasoned investment and merchant banker.  Mr. Lindholm has direct experience in the oil and gas industry working for the past seven years in Houston.  Previously, Mr. Lindholm was Executive Vice President of Radiant Oil and Gas, Inc. and consultant to several other oil and gas companies in Houston, Texas.  In Mr. Lindholm's banking career, Mr. Lindholm was Managing Director of Victory Partners, LLC., a boutique investment banking firm in Dallas, Texas.  Mr. Lindholm also served as Executive Vice President of KBK Capital Corporation, a publicly traded specialty commercial finance company based in Fort Worth, Texas.  Prior to KBK, Mr. Lindholm was Senior Vice President of Bank One, N.A. (Acquired by Chase Bank).  Mr. Lindholm holds a Bachelor's degree from the University of Denver.  

Michael Farmer, Chairman of the Board of Rangeford, stated, "Rangeford completed an executive search to bring professional executives to the corporate management team to execute the corporate plan to acquire oil and gas production consistent with the company mission statement."  Mr. Farmer went on to say, "We believe Mr. Lindholm's strong energy and banking career along with Mr. Lindholm's vision to bring profitability to Rangeford after the recent industry downturn positions the Company very well to pursue its mission in the oil and gas industry."

About Rangeford Resources, Inc.: Rangeford Resources, Inc. is a Texas-based, oil and gas exploration and production company.  For further information on the Company, please visit our website www.rangeford-resources.com.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" (statements which are not historical facts) made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations rather than historical facts and they are indicated by words or phrases such as "anticipate," "could," "may," "might," "potential," "predict," "should," "estimate," "expect," "project," "believe," "plan," "envision," "continue," "intend," "target," "contemplate," or "will" and similar words or phrases or comparable terminology. We have based such forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, many of which are beyond our control. These factors include, but are not limited to, the time to consummate the proposed development, completion and extraction; the timing and extent of changes in market conditions and prices for natural gas and oil; the timing and extent of the Company's success in discovering, developing, producing and estimating reserves; the economic viability of, and the Company's success in drilling, the Company's ability to fund the acquisition, development, completion and extraction of oil and gas assets and the Company's planned capital investments; the Company's future property acquisition or divestiture activities; increased competition; and any other factors listed in the reports the Company has filed and may file with the Securities and Exchange Commission.  Investors are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's expectations only as of the date they were made. The Company undertakes no obligation to update or revise any forward-looking statements to reflect new information or the occurrence of unanticipated events or otherwise.

Investors are urged to consider closely the disclosure in our most recent Annual Report on Form 10-K and in our other filings, available from our website at www.rangeford-resources.com or by written request to 556 Silicon Drive, Suite 103, Southlake, Texas 76092. These items are also available on the SEC's website at www.sec.gov.

SOURCE Rangeford Resources, Inc.

Related Links

http://www.rangeford-resources.com

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