Silver Range Resources Ltd. Announces the Granting and Re-Pricing of Incentive Stock Options

Silver Range Resources Ltd. (TSX VENTURE:SNG)(TSX VENTURE:SNG.WT) ("Silver
Range" or the "Company") announces that it has granted incentive stock options
under its Incentive Stock Option Plan to its directors and officers and certain
employees and consultants, entitling them to purchase up to a total of 1,755,000
shares at a price of $0.30 per share for period of five years. All of these
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.


Silver Range also announces that the exercise price of options previously
granted to certain employees and consultants in respect of a total of 800,000
shares has been re-priced from $1.31 to $0.30 per share, subject to regulatory
acceptance. No options currently held by Silver Range officers or directors will
be re-priced.


About Silver Range Resources Ltd.

Silver Range was created through a spin-out of assets from Strategic Metals Ltd
and currently has more than $7 million in cash. The Company is focused on its
wholly-owned Silver Range project, where multiple bulk-tonnage and high-grade
mineralized zones have been located in an area of exceptional infrastructure
near the town of Faro, Yukon Territory.


ON BEHALF OF THE BOARD

W. Douglas Eaton, President and Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT: 
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

Silver Range Resources (TSXV:SNG)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024