VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/29/11 — 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.
Contacts: 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
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