UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 14, 2012
RANGO ENERGY, INC.
(fka Avro Energy, Inc.)
(Exact name of registrant as specified in its charter)
NEVADA 333-141686 20-8387017
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
Executive office:
Suite 140, 4651 Shell Road
Richmond, BC, V6X 3M3
Operations Office:
11846 S. Oswego Ave.
Tulsa, Oklahoma, 74137
(Address of principal executive offices)
604-244-8824
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
On June 14, 2012, the Company issued a total of 20,000,000 restricted shares to
its management in lieu of payment for services. The Company issued 10,000,000
shares to its incoming Chairman, Harpreet Sangha, at a deemed price of $0.005
per share for services in the amount of $50,000. The Company issued a further
10,000,000 shares to its incoming director, Chuck Bingle, at a deemed price of
$0.005 per share for services in the amount of $50,000.
The issuance of the Shares to the creditors was not registered under the
Securities Act of 1933, as amended (the "Securities Act"), but was made in
reliance upon the exemptions from registration requirements of the Securities
Act set forth in Section 4(2) thereof.
ITEM 5.02 ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS
On June 14, 2012, the board of directors appointed Harpreet Sangha and Chuck
Bingle to serve as members of the board of directors. In addition, our board of
directors appointed each of the individuals listed below to serve in the
respective executive offices listed for each:
* Harpreet Sangha, Chairman
* Herminder Rai, Chief Financial Officer
HARPREET SANGHA, AGED 48, has been appointed as our new Chairman, and as a
member of our board directors. Mr. Sangha has been involved in the capital
markets for over 25 years. From April 2006 to June 2011 he was a Director and
CEO of Douglas Lake Minerals Inc., which was involved in the exmplration and
development of various projects in Tanzania. Prior to joining Douglas Lake, he
was an Investment Advisor at Global Securities in Vancouver, B.C., Canada.
Currently he is both Chairman and CEO of Sharprock Resources Inc.
CHARLES (CHUCK) BINGLE, AGED 54, has been appointed as a member of our board
directors. Mr. Bingle has 33 years of diversified Petroleum experience ranging
from all aspects of the upstream oil and gas business. The initial 12 years of
his career was with Exxon Company U.S.A. and Schlumberger Well Services. Since
then he has worked primarily in the consulting and new venture start up
business. He served as a practicing petroleum engineer aand President of ResTech
Houston in the 1990's, where he consulted for dozens of major and independent
oil and gas companies. Since 2005, Mr. Bingle has been involved in two start-up
companies, Kerogen Resources and Irvine Energy, both involved in the emerfin
U.S. oil and gas shale resource plays. In 2011 he co-founded Energy Source
Advisors, LLC, where he is still a partner. Most recently, he was the lead
technical advisor for Itochu Corporation in the $7 billion KKR led buyout of
Samson Resources. Mr. Bingle graduated with a B.S. degree in Petroleum
Engineering from Marietta College in 1978.
HERMINDER RAI, AGED 40, has been appointed as our new Chief Financial Officer.
Mr. Rai has 12 years experience as an investment Advisor specializing in
investments in small cap and resource based stocks. He was CFO for Douglas Lake
Minerals for over two years and is currently CFO of Sharprock Resources, where
he is involved with securing financing to commence work on advanced stage
mineral exploration projects. Mr. Rai has a Degree in Economics from Simon
Fraser University.
As a consequence of the appointment of Mr. Sangha and Mr. Bingle the Board of
Directors and Executive Officers of the Company are now comprised of the
following:
Name Position
---- --------
Charles Paul George President, Secretary, and a Director
Harpreet Sangha Chairman and a Director
Chuck Bingle Director
Herminder Rai CFO
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
RANGO ENERGY INC.
Date: June 14, 2012 /s/ Charles Paul George
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Charles Paul George
