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SNG.V ·

Silver Range Resources Ltd. Announces Private Placement

Financings

Suite 1016 – 510 West Hastings Street

Vancouver, B.C. V6B 1L8

Tel: 604-687-2522

www.silverrangeresources.com

TSX-V: SNG

SILVER RANGE RESOURCES LTD. ANNOUNCES PRIVATE PLACEMENT

March 31, 2017 – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) announces a

private placement of up to $800,000, to consist of the sale of up to 4,000,000 units at a price of

$0.20 per unit, with each unit to consist of one common share and one non -transferable share

purchase warrant, with each warrant to entitle the holder to purchase one additional common

share at a price of $0.30 for a period of two years from closing.

The proceeds from this private placement, which is subject to regulatory acceptance, will be used

for working capital purposes. Closing is expected to occur by mid-April, 2017.

Silver Range is building and exploring a portfolio of high grade gold targets in Nunav ut, the

Northwest Territories and Nevada to fulfil an increasing demand for gold projects in politically

stable jurisdictions . It is actively seeking joint venture partners to explore the assets in its

portfolio.

ON BEHALF OF SILVER RANGE RESOURCES LTD.

“Mike Power”

President, C.E.O. & Director

For further information concerning Silver Range or its exploration projects please contact:

Investor Inquiries

Richard Drechsler

Vice-President, Communications

Tel: (604) 687-2522

NA Toll-Free: (888) 688-2522

[email protected]

http://www.silverrangeresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this release.

This news release may contain forward looking statements based on assumptions and judgments

of management regarding future events or results that may prove to be inaccurate as a result of

exploration and other risk factors beyond its control, and actual results may differ materially

from the expected results.