Newrange Gold Closes $897,110 First Tranche and Increases Previously Announced Private Placement

VANCOUVER, BC--(Marketwired - April 26, 2017) - Newrange Gold Corp. (TSX VENTURE: NRG)(OTC PINK: CMBPF)(FRANKFURT: X6C) ("Newrange" or the "Company") is pleased to announce the closing of the first tranche of the private placement previously announced on April 17, 2017 (the "Private Placement") by issuing 2,990,366 units (the "Units") at a price of CAD $0.30 per Unit, for gross proceeds of $897,110, subject to TSX Venture Exchange approval ("TSX-V").