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Silver Range Resources to sell Silver Range project Silver Range Resources Ltd (C:SNG) Shares Issued 57,401,707 Last Close 8/31/2016 $0.16 Thursday September 1 2016 - News Release Mr. Mike Power reports SILVER RANGE RESOURCES AGREES TO SELL ITS SILVER RANGE PROJECT, YUKON TERRITORY Silver Range Resources Ltd. has signed an optional sale agreement with a private British Columbia company related to the Silver Range zinc-silver-lead project, located in the Whitehorse mining district in Yukon. Under the terms of an Aug. 31, 2016, letter of intent, the purchaser may acquire a 100-per-cent interest in the Silver Range project by making a series of timed share issuances to Silver Range as specific milestone events are achieved over a period ending Dec. 31, 2020. In addition, Silver Range will retain smelter return royalty interests of 2 per cent on all future precious metals production and 1 per cent on all future non-precious metals production from the Silver Range project. In March, 2016, Silver Range elected to change its business model from the advanced exploration of zinc-silver-lead prospects in Yukon to a project generator with a focus on high-grade gold targets in Nunavut, the Northwest Territories and Nevada. Over the past four months, Silver Range has assembled a portfolio of approximately 16 gold projects and has started to market these properties to interested third parties. The proposed sale of the Silver Range project is consistent with the change-of-business model. We seek Safe Harbor.