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Sable Resources Ltd (2)
Symbol SAE
Shares Issued 47,961,457
Close 2016-12-05 C$ 0.155
Market Cap C$ 7,434,026
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ORIGINAL: Sable Resources shareholders appoint two new directors

2016-12-06 12:17 ET - News Release

Received by email:

File: SAE PR 20161206.pdf

                                                                PRESS RELEASE
                                                       FOR IMMEDIATEW RELEASE


Sable Resources Ltd   Annual General Meeting Results, Appointment of New Directors and
Thomas Obradovich as President and CEO

Vancouver, British Columbia, December 6, 2016 - Sable Resources Ltd. ("Sable" or the
"Company") (TSX-NEX: SAE.V) is pleased to announce that all resolutions proposed at
its annual general meeting held on November 30, 2016 (the "Annual Meeting") were duly
passed.

The shareholders have re-appointed Mel Rahal and Joel Gillham as directors of the
Company, and appointed Thomas Obradovich and Brent Gilchrist as new directors of the
Company at the Annual Meeting.

Subsequent to the Annual Meeting, Mr. Thomas Obradovich has been appointed as
President and CEO of the Company, replacing Mel Rahal. Mr. Rahal will remain
involved in the Company as a director and key advisor.

Morten Riset did not seek reappointment for his directorship, but will remain a consultant
and advisor to the Company. The Company wishes to thank Mr. Riset for his
contribution to the Company.

Mr. Obradovich has more than 35 years experience in mining exploration, development
and financing. He was President and Chief Executive Officer of Barkerville Gold Mines
from January 2015 to July 2016. During his tenure, Barkerville Gold went from having
$30 million in debt with a market capitalization of $30 million to cash position of $40
million, no debt and a market cap of $200 million. Mr.Obradovich was one of the key
individuals behind Aurelian Resources (acquired by Kinross Gold Mines for $1.2 billion
in 2008), which discovered the Fruta Del Norte gold deposit in Ecuador. He was also the
co-founder of Canadian Royalties Inc., which discovered and developed the Raglan south
nickel belt. Mr. Obradovich acquired most of the Matachewan gold camp and, through a
reverse takeover of Young-Davidson Mines Ltd., upgraded and doubled the resource
which was subsequently acquired by Northgate Minerals in 2005. Mr. Obradovich sits on
the board of directors of Barkerville Gold Mines Ltd. and Dalradian Resources Inc. He is
a graduate of the Haileybury School of Mines in mining technology and advanced field
geophysics.

Brent Gilchrist is an accomplished finance executive with extensive experience in the
investment and banking sectors. He is currently the President of JDS Resources Inc., the
JDS Group of Companies' venture capital and private equity arm responsible for
investment management, acquisitions and project financing. Brent is also the President
and Co-founder of JDS Silver Inc. (along with Jeff Stibbard, CEO), the owner and
 operator of the Silvertip Mine located in Northern British Columbia. Prior to joining the
JDS Group of Companies in 2012, Brent led the management of individual portfolios at
RBC Dominion Securities, the investment branch of the Royal Bank of Canada, for over
seven years. Prior to RBC, Brent played for 15 years in the National Hockey League
with five teams, drafted by the Montreal Canadiens and debuting with the club in 1988.
Brent was a member of the 1998 Stanley Cup champion, Detroit Red Wings. Brent
retired from the NHL in 2003.

.
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 located 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 Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
 


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