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
October 18 , 2023 - Vancouver, B.C. – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) announces it
proposes to issue a total of 236,436 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 sh are 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 April 1, 2023
through September 30, 2023. The shares a re to be issued at deemed prices per share ranging from $ 0.0744 to $0.0963,
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 pe rmitted 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 generator working in the southwestern United States and northern Canada. It
has assembled a portfolio of 42 properties, of which 14 are currently under option to others. Four other projects have been
converted to royalty interests. Silver R ange is actively seeking other joint venture partners to explore the high -grade
precious metal 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 management regarding future ev ents 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.