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SNG.V ·

Silver Range Resources Ltd. Closes 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. CLOSES PRIVATE PLACEMENT

April 11, 2017 – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) announces that it has

closed the $800,000 private placement announced March 31, 2017. The placement consisted of the sale

of 4,000,000 units at $0. 20 per unit, each unit consisting of one common share and one share purchase

warrant, with each warrant entitling the holder to purchase one additional common share at a price of

$0.30 until April 11, 2019.

All of the securities issued pursuant to this private placement are subject to a hold period until August 12,

2017.

Silver Range paid cash finders’ fees of $6,000 to PI Financial Corp. and $3,000 to Canaccord Genuity

Corp. in connection with this private placement.

Silver Range is building and exploring a portfolio of high grade gold targets in Nunavut, 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.