Mr. Tom Obradovich reports
SABLE RESOURCES LTD. ANNOUNCES CAD $600 THOUSAND NON-BROKERED FLOW-THROUGH
PRIVATE PLACEMENT
Sable Resources Ltd. intends to undertake a non-brokered private placement of two million common shares of the company issued on a CEE (Canadian exploration expenses) flow-through basis pursuant to the Income Tax Act (Canada) at a price of 30 cents per flow-through share for aggregate gross proceeds of up to $600,000.
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, 2018. The funds are intended to be used
to explore the company's projects in located in British Columbia.
The placement is subject to the receipt of all necessary regulatory approvals, including the approval of the
Toronto 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 March 27, 2018.
We seek Safe Harbor.
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