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 SYMBOL CHANGE AND CONVERTIBLE DEBT FINANCING

Vancouver, BC, Canada –Range Metals Inc. (CNQ:RGO) (FWB:YGK) (“Range” or the “Company”) wishes to announce that in conjunction with CNQ initiatives and to conform with North American exchange standards, the Company’s symbol has been changed from RMIC to RGO.

The Company also wishes to announce it has arranged, subject to regulatory approval, two convertible unsecured debenture financings in the principal aggregate amount of Cdn$290,000. Interest pursuant to the convertible debentures is payable at a rate of 8.0% per annum. The convertible debentures mature on September 19, 2010 and are convertible, at the lenders option, into units of the Company, each unit comprising one common share of the Company and one share purchase warrant, at a per unit price of $0.40. Each share purchase warrant allows the holder to purchase one common share in the capital of the Company for $0.75 per share for a period of 2 years from the date of conversion. 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:RGO), please visit the Company’s website at www.rangemetals.com.

On Behalf of the Board of Directors:

Donald R. Sheldon”

Donald R. Sheldon
President




 
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