Pursuant to a special resolution passed by shareholders on June 30, 2014, Sable Resources Ltd. has consolidated its capital on a 1:10 basis. The name of the company has not been changed.

Effective at the opening on Thursday, Aug. 7, 2014, the shares of Sable Resources will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a junior natural resource company.

Postconsolidation

Capitalization:  unlimited shares with no par value of which 3,180,675 shares are issued and outstanding

Escrow:  nil

Transfer agent:  Computershare Trust Company of Canada

Symbol:  SAE (unchanged)

New Cusip No.:  785713306