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CORPORATE UPDATE

July 20, 2015

Vancouver, BC, Canada – Range Energy Resources Inc. (the “Company”) (CSE: RGO) (FWB: YGK) is pleased to announce the appointment of Eric Stoerr as a Director of the Company.  Mr. Eric Stoerr is an Investment Professional at Crest Investment Company.  Mr. Stoerr has more than 19 years of experience in commodities related businesses and banking including investment and commercial banking, commodity trading and business development.  Prior to managing Crest’s investments in energy and natural resources, he served as Managing Director at The Royal Bank of Scotland, North American Energy Finance Group.  He served as a Director of WesternZagros Resources Ltd. from August 2012 to February 19, 2014.  Mr. Stoerr holds a B.Sc. in Business Administration from Skidmore College, Saratoga Springs, NY and a Masters in Business Administration from Tulane University, New Orleans, LA.

The Company has accepted the resignation of Pamela Powers as a Director effective July 17, 2015.  The Board of Directors wishes to express its gratitude to Ms. Powers for her contributions to the Company and to wish her well with her future endeavours.

For further information on Range Energy Resources Inc., please visit the Company’s web site at www.rangeenergyresources.com.

On Behalf of the Board of Directors:
Toufic Chahine
Chairman
Tel: 604-688-9600
Fax: 604-602-1606
Email: range@rangeenergyresources.com

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

This news release contains certain statements that may be deemed to include “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 Energy 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 Energy’s management on the date the statements are made. Except as required by law, Range Energy Resources Inc. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.




 
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