Vancouver, B.C. - April 16, 2013 - Silver Range Resources Ltd. (TSX-V: SNG) (the “Company”) announced today the approval and adoption by its board of directors (the “Board of Directors”) of an advance notice policy (the “Policy”) on April 15, 2013, which Policy, among other things, includes a provision that requires advance notice to the Company in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (British Columbia) (the “Act”); or (ii) a shareholder proposal made pursuant to the provisions of the Act.

Among other things, the Policy fixes a deadline by which holders of record of common shares of the Company must submit director nominations to the Company prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in the notice to the Company for the notice to be in proper written form.

In the case of an annual meeting of shareholders, notice to the Company must be made not less than 30 days and not more than 65 days prior to the date of the annual meeting. If the annual meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual meeting was made, notice may be made not later than the close of business on the 10th day following such public announcement.

In the case of a special meeting of shareholders (which is not also an annual meeting), notice to the Company must be made not later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting was made.

The Policy is effective as of the date it was approved. The full text of the Policy is available via SEDAR at www.sedar.com or upon request by contacting the Company at rdrechsler@silverrangeresources.com.

About Silver Range Resources Ltd.

Silver Range was created through a spin-out of assets from Strategic Metals Ltd. and is focused on its wholly-owned Silver Range project, where multiple bulk-tonnage and high-grade mineralized zones have been located in an area of exceptional infrastructure near the town of Faro, Yukon Territory.

ON BEHALF OF THE BOARD

“W. Douglas Eaton”

President and Chief Executive Officer


For further information concerning Silver Range or its exploration projects please contact:

Corporate Information

Silver Range Resources Ltd.
W. Douglas Eaton
President and C.E.O.
Tel: (604) 688-2568

Silver Range Resources Ltd.
Bruce A. Youngman
Chairman
Tel: (604) 687-2522


Investor Inquiries

Richard Drechsler
Corporate Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
rdrechsler@silverrangeresources.com
http://www.silverrangeresources.com


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