Mr. Tom Obradovich reports

SABLE RESOURCES LTD ANNOUNCES CAD $250 THOUSAND NON-BROKERED FLOW THROUGH PRIVATE PLACEMENT

Sable Resources Ltd. intends to undertake a non-brokered private placement of 1,666,666 flow-through common shares of the company at a price of 15 cents per flow-through share for total gross proceeds of $249,990.90.

The net proceeds of the placement will be used to incur eligible Canadian exploration expenses and flow-through mining expenditures, as defined under the Income Tax Act (Canada), that will be renounced in favour of the purchasers with an effective date of no later than Dec. 31, 2016. The funds are intended to be used to explore the company's Toodoggone property in British Columbia.

The placement is subject to the receipt of all necessary regulatory approvals, including the approval of the NEX board of the TSX Venture Exchange. The flow-through shares will be subject to resale restrictions for a period of four months and one day from the closing date of the placement under applicable securities legislation. The placement is scheduled to close on or about Dec. 30, 2016.

We seek Safe Harbor.