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File: SAE PR 20161229.pdf

                                                                            PRESS RELEASE
                                                                  FOR IMMEDIATEW RELEASE

Sable Resources Ltd   Announces Amendment to previously announced CAD $250 thousand non-
brokered private placement

Vancouver, British Columbia, December 29, 2016 - Sable Resources Ltd. ("Sable" or the "Company")
(TSX-NEX: SAE.H) wishes to announce an amendment to the non-brokered flow through private
placement previously announced on December 16, 2016. The amendment will allow a portion of the
private placement at the Company's discrection, to be offered as non-flow-through common shares (the
"Non-FT Shares") of the Company. The Non-FT Shares will be priced at CAD $0.15 per Non-FT Share
(the "Non-FT Share Price"). Proceeds from the issuance of the Non-FT Shares will be used for payment of
debt and for general working capital.

Previously, the entire placement of up to 1,666,666 common shares of the Company were offered as flow-
through common shares (the "FT Shares") of the Company at a price of CAD $0.15 per FT Share (the "FT
Share Price").

The net proceeds from the issuance of the FT Shares 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 December 31, 2016. The
funds are intended to be used to explore the Company's Toodoggone property located in British Columbia.

The Placement is subject to the receipt of all necessary regulatory approvals, including the approval of the
NEX board of the Toronto Venture Exchange. The FT 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 December 30, 2016.

The FT Shares will not be registered under the U.S. Securities Act of 1933 (the "1933 Act"), as amended,
or any applicable state securities laws, and may not be offered or sold to, or for the account or benefit of,
persons in the United States or "U.S. persons," as such term is defined in Regulation S regulated under the
1933 Act, absent registration or an applicable exemption from the registration requirements. This press
release does not constitute an offer of securities for sale in the United States or to U.S. persons.

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:

Tom Obradovich, President & CEO
tobradovich@sympatico.ca
Tel (416) 985-7140
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.