Silver Range Resources Ltd.
TSX VENTURE : SNG
TSX VENTURE : SNG.WT

Silver Range Resources Ltd.

August 29, 2011 14:12 ET

Silver Range Resources Ltd. Announces Granting of Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 29, 2011) - Silver Range Resources Ltd. (TSX VENTURE:SNG)(TSX VENTURE:SNG.WT) announces that it has granted incentive stock options under its Incentive Stock Option Plan to its directors, officers, employees and consultants, entitling them to purchase up to a total of 3,000,000 shares at a price of $1.31 per share for a period of five years. All of the options are subject to vesting provisions under which 25% of the options will vest at the conclusion of each three months during the first year of the exercise period.

ON BEHALF OF THE BOARD

W. Douglas Eaton, President and Chief Executive Officer

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.

Contact Information

  • Silver Range Resources Ltd. - Corporate Information
    W. Douglas Eaton
    President and C.E.O.
    (604) 688-2568

    Silver Range Resources Ltd. - Corporate Information
    Bruce A. Youngman
    Chairman
    (604) 687-2522

    Silver Range Resources Ltd. - Investor Inquiries
    Richard Drechsler
    Corporate Communications
    (604) 687-2522 or NA Toll-Free: (888) 688-2522
    rdrechsler@silverrangeresources.com
    www.silverrangeresources.com