Trade Symbol: TSX: TNX AMEX: TRE VANCOUVER, Aug. 18 /PRNewswire-FirstCall/ -- Tan Range Exploration Corporation confirms that the second tranche of the private placement by James E. Sinclair, the Company's Chairman and CEO, announced on August 2, 2005 has now closed. The second tranche consisted of 259,516 common shares of the Corporation having a purchase price of $1.445 per share for proceeds totaling $375,000.00. The purchase price reflects the weighted average trading price of the Corporation's shares for the five consecutive trading days of the second tranche quarterly period ended July 31, 2005. Inclusive of the proceeds of the second tranche, Mr. Sinclair's total share placements to date aggregate $5,700,000. The private placement common shares are subject to certain mandated hold periods and resale restrictions and the certificates representing such shares are legended accordingly. No warrants, options or other rights have been issued or granted in connection with this placement. On behalf of the Board of Directors "James Sinclair" James E. Sinclair Chairman and Chief Executive Officer For further information, please contact Investor Relations at 1-800-811-3855 Visit the Tan Range website: http://www.tanrange.com/ The Toronto Stock Exchange nor American Stock Exchange have not reviewed and does not accept responsibility for the adequacy or accuracy of this release Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this news release, such as "measured", "indicated", and "inferred" "resources" that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 0-50634, which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. DATASOURCE: Tan Range Exploration Corporation CONTACT: Investor Relations at 1-800-811-3855; Visit the Tan Range website: http://www.tanrange.com/; To request a free copy of this organization's annual report, please go to http://www.newswire.ca/ and click on reports@cnw.

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