RANGE OIL & GAS APPOINTS NEW DIRECTOR

Vancouver, BC –Range Metals Inc. (CNQ: RMIC) ("Range" or the "Company") is pleased to report the appointment of Norman Davidson Kelly, BA, LLB, to the Board of Directors and as the Chief Executive Officer of Range Oil & Gas Inc., a wholly owned subsidiary of Range. Mr. Davidson Kelly has spent thirty years in the petroleum business, principally in the areas of corporate management, mergers and acquisitions, corporate finance, and international business development. He was a member of the executive committee of BHP Petroleum from 1995 to 2000, and previously spent twenty years with LASMO plc, a UK independent oil company as director, corporate development.

From 2001 to 2003 he was CEO of Mena Energy Limited, a company established to invest in Middle Eastern oil and gas projects. Mr. Kelly has been president of Tigris Petroleum since 2003, a joint venture formed with BHP Petroleum for activity in Iraq.

Mr. Davidson Kelly was largely responsible for establishing BHP Petroleum's position in the Middle East and in particular Iran and Iraq. In 1995, at the invitation of the Iraqi Ministry of Oil, he led a BHP Petroleum delegation to Baghdad to review available opportunities. During this period discussions took place in Iraq with the Minister of Oil, his Deputy Minister, and the various officials in the Oil Ministry and its operational affiliates. Tigris has maintained an office, and high-level representation in Baghdad. Mr. Davidson Kelly brings this substantial experience to Range Oil & Gas Inc.

Range has granted incentive stock options to Mr. Davidson Kelly to purchase an aggregate of 250,000 shares of the Company at an exercise price of $1.50 per share. The grant expires on May 9, 2012 and is subject to a hold period that expires on September 10, 2007. In addition, 50% of the options granted vest 12 months from the date of grant and the remaining 50% vest 24 months from the date of grant.

The Company also wishes to announce that it has arranged, subject to regulatory approval, a convertible debenture financing in the principal amount of $112,500. Interest pursuant to the convertible debenture is payable at a rate of 10% per annum. The convertible debenture matures on May 9, 2008 and is convertible, at the lender’s option, into common shares of the Company at a price per share of $1.50. Proceeds from the financing will be used by Range for property investigation and for general corporate purposes.

For further information on Range Metals Inc. (CNQ: RMIC), 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