Silver Range Resources Ltd. Announces Proposed Issuance of Shares FOR Services
Suite 510 – 1100 Melville Street
Vancouver, B.C. V6E 4A6
Tel: 604-687-2522
www.silverrangeresources.com
TSX-V: SNG
SILVER RANGE RESOURCES LTD. ANNOUNCES PROPOSED ISSUANCE OF SHARES FOR
SERVICES
April 4, 2023 - Vancouver, B.C. – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) announces it proposes
to issue a total of 148,770 shares to Paladin Geoscience Corp. (“Paladin”), a private company controlled by Michael A.
Power, Silver Range’s President and Chief Executive Officer, pursuant to a “Shares for Services Agreement”.
The proposed share issuance, which is subject to TSX Venture Exchange (the “Exchange”) acceptance, is in partial
consideration for geological consulting services provided to Silver Range by Paladin during the period October 1, 2022
through March 31, 2023. The shares are to be issued at deemed prices per share ranging from $ 0.0613 to $0.0744, being
the market prices of Silver Range’s shares as traded on the Exchange as calculated at the end of each month in which such
services were provided, minus 50% of the discount permitted under applicable Exchange policies. All consulting fees not
paid for the issuance of Silver Range shares are paid in cash.
About Silver Range Resources Ltd.
Silver Range is a precious metals prospect generato r working in Nevada and Northern Canada. It has assembled a
portfolio of 4 5 properties, of which 13 are currently under option to others . Four other projects have been converted to
royalty interests. Silver Range is actively seeking other joint venture partners to explore the high -grade precious metals
targets in its portfolio.
ON BEHALF OF SILVER RANGE RESOURCES LTD.
“Michael A. Power”
President and Chief Executive Officer
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
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 man agement 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.