International Ranger Corp. (fka IRNG)

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IRNG huge news..
International Ranger Corp. Enters Into Agreement to Acquire Uranium Project
Thursday January 29, 9:00 am ET


VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jan 29, 2009 -- International Ranger Corp. (Other OTC:IRNG.PK - News) is pleased to announce it has entered into a standstill agreement with a private USA Company, Future Energy LLC. (FELLC)
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The terms are that FELLC owns 802 unpatented load claims and four State Sections in the state of Utah. Ranger has 30 days to complete its due diligence on the project. This term can be mutually extended if need be and both parties agree.

The property is strategically located in a prime uranium region on the Colorado Plateau, and has been the site of extensive exploration over the past 60 years. The 802 unpatented lode claims and Four Utah State Sections total 28 square miles.

The first reported uranium exploration was done by individuals in the 1950s. In the 1950s, the Atomic Energy Commission drilled shallow holes in Mineral Canyon. Future Energy has preliminary data on these drill holes. In the 1970s, several companies, including the Tennessee Valley Authority (TVA), Exxon Corporation, and Morrison Nuclear Company, drilled more than 700 holes, to depths of 600 to 1200 feet. Exploration ceased after the incident at the Three Mile Island nuclear reactor, and no recent exploration has evidently been done.

On Behalf of Board of Directors

Jason Walsh

Safe Harbour Statement under the Private Securities Litigation Reform Act of 1995: The Statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, risks detailed from time to time in Rangers filings with the Securities & Exchange Commission.



Contact:
Contacts:
International Ranger Corp.
Kevin Beaulieu
1-877-324-7245
Website: http://www.internationalranger.com