Rangeford Resources Inc. increased and extended its revolving credit note from Cicerone Corporate Development LLC to $1.25 million from $750,000, the company said May 19. The note’s maturity date is now Feb. 1, 2017.
Thomas E. Lindholm was recently appointed as CEO, Rangeford said in a separate press release on May 17. Harry McMillan, Cicerone's managing member on behalf of the CE McMillan Family Trust, said on May 19 that the company’s funding commitment to Rangeford would increase based on Lindholm’s appointment as CEO.
Lindholm has more than 33 years of experience as a senior corporate executive and in investment and merchant banking; for the past seven years he has worked in Houston.
Previously, he was executive vice president of Radiant Oil and Gas Inc. and consultant to several other oil and gas companies in Houston.
In his banking career, Lindholm was managing director of Victory Partners LLC investment banking firm in Dallas, and also was executive vice president of KBK Capital Corp. in Fort Worth, Texas.
Prior to KBK, Lindholm was senior vice president of Bank One NA, acquired by Chase Bank.
Lindholm holds a bachelor's degree from the University of Denver.
Rangeford Resources Inc. is based in Southlake, Texas.
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