Mr. Thomas Obradovich reports

SABLE RESOURCES ANNOUNCES PRIVATE PLACEMENT FINANCING

Sable Resources Ltd. has entered into an agreement with Haywood Securities Inc., whereby the company has engaged Haywood as its exclusive agent in connection with a proposed private placement offering of up to 20 million units of the company at a price of 15 cents per unit for gross proceeds to the company of up to $3-million, to be conducted on a best-efforts agency basis. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share of the company at a price of 25 cents for a period of 24 months from the closing of the offering.

The company has also granted Haywood an option, exercisable at any time, in whole or in part, up to 48 hours prior to the closing of the offering, to increase the size of the offering and place up to an additional 15 per cent of the number of units issuable under the offering on the same terms and conditions.

The net proceeds received by the company from the offering will be used for exploration on the company's properties in North America and for working capital and general corporate purposes.

The closing of the offering is expected to occur on or about Sept. 6, 2017, and is subject to the receipt of any necessary regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued in connection with the offering will be subject to a statutory four-month hold period.

In consideration for its services, Haywood will receive a cash commission equal to 6 per cent of the gross proceeds of the offering and broker warrants to purchase a number of common shares equal to 6 per cent of the number of units issued under the offering at a price per common share equal to the issue price for a period of 24 months from the closing of the offering.

About Sable Resources Ltd.

Sable Resources owns the Toodoggone gold project comprising 66 square kilometres of mineral tenure and mining leases, including the past-producing Baker and Shasta mines, and the 250-tonne-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.