Mr. Melvyn Rahal reports

ANNUAL GENERAL MEETING RESULTS, APPOINTMENT OF NEW DIRECTORS AND THOMAS OBRADOVICH AS PRESIDENT AND CEO

All resolutions proposed at Sable Resources Ltd.'s annual general meeting held on Nov. 30, 2016, were duly passed.

The shareholders have reappointed Mel Rahal and Joel Gillham as directors of the company, and appointed Thomas Obradovich and Brent Gilchrist as new directors of the company at the annual meeting.

Subsequent to the annual meeting, Mr. Obradovich was appointed as president and chief executive officer of the company, replacing Mr. Rahal. Mr. Rahal will remain involved in the company as a director and key adviser.

Morten Riset did not seek reappointment for his directorship, but will remain a consultant and adviser to the company. The company wishes to thank Mr. Riset for his contribution to the company.

Mr. Obradovich has more than 35 years experience in mining exploration, development and financing. He was president and chief executive officer of Barkerville Gold Mines from January, 2015, to July, 2016. During his tenure, Barkerville Gold went from having $30-million in debt with a market capitalization of $30-million to cash position of $40-million, no debt and a market cap of $200-million. Mr. Obradovich was one of the key individuals behind Aurelian Resources (acquired by Kinross Gold Mines for $1.2-billion in 2008), which discovered the Fruta Del Norte gold deposit in Ecuador. He was also the co-founder of Canadian Royalties Inc., which discovered and developed the Raglan south nickel belt. Mr. Obradovich acquired most of the Matachewan gold camp and, through a reverse takeover of Young-Davidson Mines Ltd., upgraded and doubled the resource which was subsequently acquired by Northgate Minerals in 2005. Mr. Obradovich sits on the board of directors of Barkerville Gold Mines Ltd. and Dalradian Resources Inc. He is a graduate of the Haileybury School of Mines in mining technology and advanced field geophysics.

Mr. Gilchrist is an accomplished finance executive with extensive experience in the investment and banking sectors. He is currently the president of JDS Resources Inc., the JDS Group of Companies' venture capital and private equity arm responsible for investment management, acquisitions and project financing. Mr. Gilchrist is also the president and co-founder of JDS Silver Inc. (along with Jeff Stibbard, chief executive officer), the owner and operator of the Silvertip mine located in Northern British Columbia. Prior to joining the JDS Group of Companies in 2012, Mr. Gilchrist led the management of individual portfolios at RBC Dominion Securities, the investment branch of the Royal Bank of Canada, for over seven years. Prior to RBC, Mr. Gilchrist played for 15 years in the National Hockey League with five teams, drafted by the Montreal Canadiens and debuting with the club in 1988. Mr. Gilchrist was a member of the 1998 Stanley Cup champion, Detroit Red Wings. Mr. Gilchrist retired from the NHL in 2003.