Mr. Craig Robson reports

SAVILLE PROPOSED PRIVATE PLACEMENT

Saville Resources Inc.'s directors have negotiated a non-brokered private placement of up to 15 million units at a price of five cents per unit for gross proceeds of up to $750,000. A unit consists of one common share, one-half of a non-transferable Series A share purchase warrant and one-half of a non-transferable Series B share purchase warrant. Each whole Series A warrant is exercisable into one further common share at a price of 25 cents for a period of five years from closing. Each whole Series B warrant is exercisable into one further common share at a price of 50 cents for a period of five years from closing.

The Series A warrants will contain an acceleration clause that will provide that if at any time after the date which is four months following the closing the shares of the company trade on the TSX Venture Exchange at a price of 35 cents or greater for a period of 14 consecutive trading days, the company may give notice to the Series A warrantholders of the acceleration of the exercise date to a period which is 30 days from the giving of such notice. The Series B warrants will contain an acceleration clause that will provide that if at any time after the date which is 12 months following the closing the shares of the company trade on the exchange at a price of 65 cents or greater for a period of 14 consecutive trading days, the company may give notice to the Series B warrantholders of the acceleration of the exercise date to a period which is 30 days from the giving of such notice.

The company may pay finders' fees to finders who introduce accredited investors to the placement in accordance with exchange policy. Proceeds of the placement will be applied to work on the company's Bud and Manson Creek properties, to pay legal and filing expenses associated with the offering, and for working capital.

The company also reported that effective July 31, 2014, Xiao Hai Yin has resigned as a director of the company after 11 years of service. The company thanks him for his significant contributions over the years and wishes him the best in the future. Effective Aug. 21, 2014, Harold Burgess will be appointed a director of the company to fill the vacancy caused by the resignation of Mr. Yin, and Man Fai (Steven) Chen has been appointed interim president of the company.

We seek Safe Harbor.