Range Metals Inc.
FRANKFURT : YGK
CNSX : RGO

Range Metals Inc.

November 03, 2009 12:42 ET

Range Issues $250,000 Additional Subscription Receipts for Middle East Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 3, 2009) -

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

Range Metals Inc. (CNSX:RGO)(FRANKFURT:YGK) ("Range" or the "Corporation") is pleased to announce the closing of a private placement financing of an additional $250,000 and the issuance of 1,250,000 subscription receipts ("Subscription Receipts") in addition to those previously announced. The Corporation has now issued 127,440,000 Subscription Receipts at a price of $0.20 per Subscription Receipt. The funds are being held on the same terms as referenced in the October 22, 2009 news release.

For further information please visit the Company's web site at www.rangemetals.com.

On Behalf of the Board of Directors:

"Donald R. Sheldon"
Donald R. Sheldon, President and CEO

This news release contains certain statements that may be deemed "forward-looking statements". Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Range believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Range's management on the date the statements are made. Range undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, except as required by law.

The CNSX and Frankfurt Stock Exchanges have not reviewed and do not accept responsibility for the adequacy or accuracy of the content of this press release.

Contact Information

  • Range Metals Inc.
    Donald R. Sheldon
    President and CEO
    (604) 688-9600
    (604) 602-1606 (FAX)
    www.rangemetals.com