Mr. Tom Obradovich reports

SABLE RESOURCES CLOSES C$500,000 NON-BROKERED PRIVATE PLACEMENT

Sable Resources Ltd. has closed its previously announced non-brokered private placement, pursuant to which the company has issued 2.5 million flow-through units at a price of 20 cents per unit for aggregate gross proceeds of $500,000.

Each unit consists of one flow-through common share of the company and one common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share of the company at an exercise price of 30 cents until June 29, 2018.

The gross proceeds of the offering will be used by the company to incur Canadian exploration expenses on its properties located in Canada. The company will renounce the qualifying expenditures with an effective date of not later than Dec. 31, 2017.

Pursuant to Canadian securities laws, any securities issued in the offering will be subject to a hold period of four months plus one day from the date of issuance.

Two directors (one of whom is also an officer) acquired an aggregate of 125,000 units.

Pursuant to Multilateral Instrument 61-101, protection of minority securityholders in special transactions, the company notes that it has not filed a material change report 21 days prior to the expected closing date of the offering. A shorter period was reasonable and necessary in the circumstances as the company wished to complete the offering in a timely manner following receipt of required regulatory approval.

About Sable Resources Ltd.

Sable owns the Baker gold project comprising 66 square kilometres of mineral tenure and mining leases, including the past-producing Baker and Shasta mines, and the 250-ton-per-day Baker mill and tailings facility. The project is located in north-central British Columbia, Canada, and is road accessible.

We seek Safe Harbor.