Silver Range Resources Ltd. Closes Private Placement
Suite 510 – 1100 Melville Street
Vancouver, B.C. V6E 4A6
Tel: 604-687-2522
www.silverrangeresources.com
TSX-V: SNG
SILVER RANGE RESOURCES LTD. CLOSES PRIVATE PLACEMENT
March 3, 2023 – Vancouver, B.C. – Silver Range Resources Ltd. [TSX-V: SNG] (“Silver Range”) announces
the closing of the $500,000 private placement with Altius Minerals Corporation (“Altius”) through its wholly -
owned subsidiary, Altius Resources Inc., as originally announced on February 21, 2023. The private placement
consisted of the sale of 3,333,333 common shares of Silver Range at a price of $0.15 per share, for total
consideration of $500,000. All of these shares are subject to a hold period until July 2, 2023.
As previously announced, Silver Range has also agreed to a generative alliance in the southwest U.S. whereby
Altius will acquire a one percent (1%) net smelter return royalty interest on three Silver Range projects staked
within a specified area of interest in the southwest United States.
The proceeds from this private placement will be used primarily for exploration wo rk in the southwest United
States.
Silver Range also announces that it has been granted an extension until March 28, 2023 to close the unit private
placement originally announced on January 17, 2023, to consist of the sale of up to 6,000,000 units at a pr ice of
$0.15 per unit, for total proceeds of up to $900,000. Each unit will consist of one common share and one -half
(1/2) of a non-transferable share purchase warrant, with each whole 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. Further information regarding
the closing will be disseminated in due course.
Silver Range invites investors and prospective partners to visit with management during PDAC 2023 from March
5-8 at booth #3124.
About Silver Range Resources Ltd.
Silver Range is a precious metals prospect generator working in Nevada and Northern Canada. It has assembled
a portfolio of 45 properties, 13 of which are currently optioned to others. Four other projects have been converted
to royalty interests. Silver R ange is activel y seeking other joint venture partners to explore the high -grade
precious metals targets in its portfolio.
ON BEHALF OF SILVER RANGE RESOURCES LTD.
“Mike Power”
President and CEO
2
For further information concerning the private placement, 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 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.