Mr. Melvyn Rahal reports
SABLE RESOURCES LTD. PRIVATE PLACEMENT CLOSING
Sable Resources Ltd. has closed the private placement financing previously announced on Oct. 20, 2016, raising $749,997.53 by issuing 9,999,967 units at a price of 7.5 cents per unit. Each unit consists of one
common share and one-half of one warrant exercisable for a period of one year at a price of 10 cents per share. All shares
issued have a hold period expiring March 25, 2017.
The proceeds of the offering will be used for debt settlement and for general working capital.
We seek Safe Harbor.
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