Received by email:

File: Aug19-16.doc

 
PRESS RELEASE
FOR IMMEDIATEW RELEASE
            

Sable Resources Ltd - Shares for Debt

Vancouver, British Columbia, August 19, 2016 - Sable Resources Ltd. (NEX SAE.H) (the "Company" "Sable") wishes to anno
--->unce that it has reached an agreement with RAH Management and Development Ltd., a company controlled by Melvyn M. Raha
--->l, the CEO of the Company, to settle non-interest bearing loans to the Company in the amount of $250,000 in common sha
--->res at an issue price of $0.05 per share (the "Loan Settlement").  Any shares issued in connection with the Loan Settl
--->ement will be issued in reliance on certain prospectus and registration exemptions under applicable securities legisla
--->tion and will be subject to a hold period of four months and a day.  The Loan Settlement is subject to all necessary r
--->egulatory approval, including the approval of the stock exchange.     

About Sable Resources Ltd.
Sable owns the Toodoggone gold project comprising 66 square kilometers of mineral tenure and mining leases, including 
--->the past producing Baker and Shasta mines, and the 250 ton-per-day Baker mill and tailings facility. The project is lo
--->cated in north-central British Columbia, Canada and is road accessible.

We seek safe harbor

For more information:

Melvyn Rahal, President & CEO
mmr@sableresources.com
Tel (604) 986-8566
Or visit http://www.sableresources.com  

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Vent
--->ure Exchange) accepts responsibility for the adequacy or accuracy of this release.