Vancouver, BC, Canada – Range Metals Inc. (CNSX:RGO) (FWB:YGK) wishes to announce that it has filed the necessary documentation to amalgamate with its wholly-owned subsidiary, Range Oil & Gas Inc., effective December 31, 2009. Range Metals Inc. also intends to change its name to Range Energy Resources Inc., the effective date of such change to be announced in due course. The move better reflects the company’s management focus and asset concentration as well as enhances its corporate finance profile to take advantage of future opportunities.

Corporate meetings are planned for the week of January 18, 2010, in London, England to review the exploration plan for the Khalakan Blocks in Kurdistan where Range holds a 24.95% indirect interest. The Blocks are proximate to the Heritage Miran field discovery. Heritage has recently spudded a second well that is expected to reach target depth in mid March, 2010.

Range Metals Inc. also wishes to announce that it has granted incentive stock options to insiders and a consultant to purchase a total of 10,500,000 shares of Range Metals at a per share exercise price of $0.30 for a term of five years.

For further information on Range Metals Inc. (CNSX:RGO), please visit the Company’s web site at www.rangemetals.com. A new site, www.rangeenergyresources.com, will be active January 15, 2010.

On Behalf of the Board of Directors:

Donald R. Sheldon

President