Vancouver, BC, Canada –Range Metals Inc. (CNSX:RGO) (FWB:YGK) (“Range or the “Company”) herewith announces the termination of the engagement of Roche Securities Ltd. with regards to the contemplated financing of up to $10 million by way of Subscription Receipts. The Company continues to seek alternate sources of financing in connection with negotiations to acquire interests in oil and gas properties in the Middle East.

On Behalf of the Board of Directors:

“Donald R. Sheldon”

Donald R. Sheldon
President